
    UNITED STATES of America, Plaintiff-Appellee, v. Joshua John HESTER, Defendant-Appellant.
    No. 13-50330.
    United States Court of Appeals, Ninth Circuit.
    Argued and Submitted July 10, 2014.
    Submission Withdrawn and Deferred July 11, 2014.
    Resubmitted Sept. 12, 2014.
    Filed Sept. 16, 2014.
    Bruce R. Castetter, Assistant U.S., Lawrence E. Spong, Assistant U.S., Office of the U.S. Attorney, San Diego, CA, for Plaintiff-Appellee.
    Timothy' Allen Scott, Law Offices of Timothy A. Scott, Benjamin Lee Coleman, Coleman & Balogh LLP, San Diego, CA, for Defendant-Appellant.
    Before: SILVERMAN, TALLMAN, and RAWLINSON, Circuit Judges.
   MEMORANDUM

Joshua John Hester (Hester) appeals from the district court’s restitution order entered in favor of JP Morgan Chase Bank (Chase) and CitiGroup/CitiMortgage (Citi). The underlying drug trafficking scheme involved two properties relevant to this appeal — the Rancho Santa Fe property and the Palomar property. See United States v. Luis, No. 13-50020, 765 F.3d 1061, 1063-64, 2014 WL 4236390, at *1 (9th Cir. Aug. 28, 2014).

The district court correctly determined that the Mandatory Victim Restitution Act (MVRA) required Hester and his co-defendant Marco Luis (Luis) to pay restitution for offenses against property. See id. Chase and Citi each qualified as a “victim” entitled to restitution under the MVRA. Id. However, in calculating restitution as to the Rancho Santa Fe property, and without the benefit of our recent Luis decision, “the district court erred by calculating restitution based on the unpaid principal loan balance rather than the value of the loans when Chase purchased them....” Id. at 1067, 2014 WL 4236390, at *4. On remand, the district court should use the formula for a loan purchaser rather than for a loan originator. See id. at 1066-68, 2014 WL 4236390, at *4-*5. Therefore, “Yeung compels us to vacate the restitution order with respect to the Rancho Santa Fe property loan calculation and remand so the district court may recalculate Chase’s loss, based on how much Chase paid for the fraudulent loans (or the value of the loans when Chase acquired them).” Id. at 1067, 2014 WL 4236390, at *5 (citation, alterations, and internal quotation marks omitted). No similar abuse of discretion occurred in calculating restitution for the Palomar property loans. See id.

We also reject Hester’s argument that the district court’s restitution order should be reversed because it was untimely. Although 18 U.S.C. § 3664(d)(5) requires that a final determination of victims’ losses be made within ninety days of sentencing, that provision is for the benefit of victims, not defendants. See United States v. Marks, 530 F.3d 799, 811-12 (9th Cir.2008). Absent a showing of prejudice resulting from the delay, any error was harmless. See United States v. Moreland, 622 F.3d 1147, 1173 (9th Cir.2010).

AFFIRMED IN PART, VACATED and REMANDED IN PART. 
      
       This disposition is not appropriate for publication and is not precedent except as provided by 9th Circuit Rule 36-3.
     
      
      . United States v. Yeung, 672 F.3d 594 (9th Cir.2012), overmled in part on other grounds by Robers v. United States,-U.S.-, 134 S.Ct. 1854, 188 L.Ed.2d 885 (2014).
     
      
      . While Hester also alleges error under Apprendi v. New Jersey, 530 U.S. 466, 120 S.Ct. 2348, 147 L.Ed.2d 435 (2000), he concedes that United States v. Green, 722 F.3d 1146 (9th Cir.2013), forecloses this argument.
     