February 2015 Remittance – Day #1
Topics in today’s commentary: Ocwen Terminated as Servicer – transfer to SPS Ocwen NOT Terminated as Servicer New Residential Investment...
Non-Agency RMBS: Things of Interest
In addition to today’s commentary, we have attached a spreadsheet that shows modification step-ups by deal. It is difficult to get a...
Non-Agency RMBS: Observation Smorgasbord
In today’s commentary, we present a smorgasbord of observations. It is important to study the data and document and share the results,...
Verifying a performance statistic in Ocwen's latest 8-K
Since we are a data mining organization, we feel compelled to check performance statistics produced by others. When you have many...
Loan Modifications – Who can you trust?
Don’t be misled by anyone quoting Intex’s forbearance numbers. Why? Our research has discovered that for some deals, their forbearance...
