BFI Transcript 1

COMMONWEALTH OF VIRGINIA, ex rel . vs . SECURITY TRUST MORTGAGE, LLC
Proceedings on 09/11/2013 Page 10
1 admitted unless they are answered or objected to in
2 writing within 21 days of service or such other
3 period as the Commission may designate . No written
4 response was offered on behalf of Security Trust
5 within 21 days or as of this date .
6 On August 21st, the Bureau filed a motion
7 to admit requests for admission, which is also
8 pending . When counsel for Security Trust filed his
9 notice of appearance on Monday, he also filed a
10 motion for relief from potentially deemed
11 admissions . Those two related motions will also be
12 addressed as preliminary matters .
13 In a second, but related matter, on
14 June 6th, 2013, the Commission issued a scheduling
15 order on the application of Daniel McDonald
16 contesting the denial of his application for a
17 mortgage loan originator license .
18 In that order, the Commission determined
19 that there was such significant overlap between the
20 issues involved in these two proceedings and in the
21 interest of judicial economy that the two cases
22 should be combined and were combined to receive
23 evidence at this hearing .
24 1 would note, however, that although the
25 evidence most certainly overlaps, the burden of
Huseby, Inc .
www.huseby.com
4860 Cox Road, Suite 200, Glen Allen, VA 23060 (804) 755-4200