RNA binding protein that regulates the expression of target mRNAs at the translation level. Regulates expression of the NOTCH1 antagonist NUMB. Binds RNA containing the sequence 5′-GUUAGUUAGUUAGUU-3′ and other sequences containing the pattern 5′-[GA]U(1-3)AGU-3′. May play a role in the proliferation and maintenance of stem cells in the central nervous system (By similarity).