H/T LivingLies
From deposition testimony pages 104 and 105:
Q. And did your office and/or you do anything to ensure compliance with the HAMP and the service participation agreements?
A. “ What we did with all servicers was to meet and require them to provide to us their assessment of what the applicable requirements we’ve just discussed –applicable to their compliance with the settlement were. And we worked through a series of protocols and adjustments necessary to ensure that we wouldn’t cause them not to comply.
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The issue really was whether compliance with the National Mortgage Settlement would require that a servicer put itself in a position of default or where it could be penalized. “
This appears to be an “admission” that the Monitor of the National Mortgage Settlement deliberately made adjustments to ensure that the servicers did not fail the compliance tests. If they failed, the monitor would adjust the tests so they would pass.