From: Sent: To: Subject: Attachments Paul Morris 7/28/2014 1:14:50 PM Vahe Stepanian Re: Mortgage Bonds [C] pic32113.gif Classification: confidential thx where is the market for these vs his cost? Paul Morris Managing Director Deutsche Bank Private Bank 345 Park Avenue, 27th Floor New York NY 10154 Office: Cell: From: To: Cc: Date: subject: vahe Stepanian/db/dbcom [email protected], Paul Morris/db/dbcom@OBAMERICAS, 07/28/2014 10:54 AM Mortgage Bonds [c] Classification: confidential Good Morning Jeffrey, Your holdings are as follows: 0rig. Quantity CUSIP 4,500,000 12669DY51 Cww_ 2003-1 B1 1,290,000 939336520 WAMMS 2004-RAC2 CB1 1,500,000 36242D7X5 GSR 2005-5F B1 Description Recall that you sold Thank you, vahe Impac and Global Mtg in April and May 2014 respectively. (Embedded image moved to file: pic32113.gif) Vahe Stepanian Associate I wealth Investment Coverage Deutsche Bank Securities Inc. Deutsche Asset & wealth Management 345 Park Avenue - 26th Floor New York, Tel. Fax Mobi Email NY 10154-0004 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0 124281 SDNY_GM_00270465 EFTA01461962