EX-25.1 9 d726622dex251.htm STATEMENT OF ELIGIBILITY ON FORM T-1 Statement of Eligibility on Form T-1

Exhibit 25.1

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM T-1

 

 

STATEMENT OF ELIGIBILITY

UNDER THE TRUST INDENTURE ACT OF 1939

OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

 

¨ Check if an Application to Determine Eligibility of a Trustee Pursuant to Section 305(b)(2)

 

 

U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

 

 

31-0841368

I.R.S. Employer

Identification No.

 

800 Nicollet Mall

Minneapolis, Minnesota

  55402
(Address of principal executive offices)   (Zip Code)

Richard Prokosch

Vice President

U.S. Bank National Association

Global Corporate Trust Services

Mailcode: EP-MN-WS3C

60 Livingston Avenue

St. Paul MN 55107-2292

phone (651) 466-6619

(Name, address and telephone number of agent for service)

 

 

NEW RESIDENTIAL INVESTMENT CORP.

(Issuer with respect to the Securities)

 

 

 

Delaware   45-3449660

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

 

1345 Avenue of the Americas

New York, New York

  10105
(Address of Principal Executive Offices)   (Zip Code)

 

 

Debt Securities

(Title of the Indenture Securities)

 

 

 


FORM T-1

 

Item 1. GENERAL INFORMATION. Furnish the following information as to the Trustee.

 

  a) Name and address of each examining or supervising authority to which it is subject.

Comptroller of the Currency

Washington, D.C.

 

  b) Whether it is authorized to exercise corporate trust powers.

Yes

 

Item 2. AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation.

None

 

Items 3-15 Items 3-15 are not applicable because to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

 

Item 16. LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

 

  1. A copy of the Articles of Association of the Trustee.*

 

  2. A copy of the certificate of authority of the Trustee to commence business.**

 

  3. A copy of the certificate of authority of the Trustee to exercise corporate trust powers.**

 

  4. A copy of the existing bylaws of the Trustee.**

 

  5. A copy of each Indenture referred to in Item 4. Not applicable.

 

  6. The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

 

  7. Report of Condition of the Trustee as of March 31, 2014 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 

* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.
** Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-166527 filed on May 5, 2010.


SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of St. Paul, State of Minnesota on the 13th of May, 2014.

 

By:  

/s/ Richard Prokosch

  Richard Prokosch
  Vice President


Exhibit 6

CONSENT

In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

Dated: May 13, 2014

 

By:  

/s/ Richard Prokosch

  Richard Prokosch
  Vice President


Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 3/31/2014

($000’s)

 

     3/31/2014  

Assets

  

Cash and Balances Due From Depository Institutions

   $ 7,390,563   

Securities

     84,977,518   

Federal Funds

     36,998   

Loans & Lease Financing Receivables

     234,549,731   

Fixed Assets

     4,726,552   

Intangible Assets

     13,234,790   

Other Assets

     22,187,278   
  

 

 

 

Total Assets

   $ 367,103,430   

Liabilities

  

Deposits

   $ 270,081,137   

Fed Funds

     3,856,384   

Treasury Demand Notes

     0   

Trading Liabilities

     422,782   

Other Borrowed Money

     35,507,326   

Acceptances

     0   

Subordinated Notes and Debentures

     4,623,000   

Other Liabilities

     11,663,853   
  

 

 

 

Total Liabilities

   $ 326,154,482   

Equity

  

Common and Preferred Stock

     18,200   

Surplus

     14,266,409   

Undivided Profits

     25,808,807   

Minority Interest in Subsidiaries

   $ 855,532   
  

 

 

 

Total Equity Capital

   $ 40,948,948   

Total Liabilities and Equity Capital

   $ 367,103,430   

 

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