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Servicing v. Phelps

United States District Court, S.D. Illinois

March 27, 2014

OCWEN LOAN SERVICING, Plaintiff,
v.
TIONGCO F. PHELPS, Defendant.

MEMORANDUM AND ORDER

J. PHIL GILBERT, District Judge.

This matter comes before the Court on the motion of plaintiff Ocwen Loan Servicing to substitute Nationstar Mortgage, LLC as the plaintiff in this case (Doc. 28). Ocwel asserts that it has transferred its interest in this matter to Nationstar, but it has provided no evidentiary support for that transfer.

Federal Rule of Civil Procedure 25(c) provides a procedural mechanism for authorizing such a substitution, but whether the substitution is warranted depends on whether the interest was actually transferred as a matter of substantive law. See Panther Pumps & Equip. Co. v. Hydrocraft, Inc., 566 F.2d 8, 24-25 (7th Cir. 1977). Ocwen has provided no evidence of a valid transfer of interest. The Court ORDERS that Ocwen shall have up to and including April 11, 2014, to submit a supplemental brief describing the nature of the transfer and setting forth supporting evidence. The Court RESERVES RULING on the motion to substitute (Doc. 28) pending receipt of the ...


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