March 2015 Remittance – Day #1 Observations
We have a smorgasbord of observations today. Topics Losses Made Whole Servicer Legal Fees charged to the trust by Ocwen –What is this?...
Ocwen Legal Fees charged to Trust?
Ocwen is the only servicer to have the extra line “Servicer Legal Fees” added to the Interest Fee section of the Deutsche Bank remittance...
Servicer Event of Default – Now Nationstar plus some more Ocwen
We have also included a spreadsheet of all deals with a Servicer Event of Default with links to the actual notices. Nationstar Deals SABR...
Ocwen Termination Votes - 3/13/2015
On Friday, March 13, 2015, Wells Fargo released the results of the Notice of Event of Default and request for direction regarding whether...
Call Rights and Excess MSRs
Non-Agency Cleanup Call Rights Ocwen had stated that they are turning to cleanup calls to generate profits in 2015. New Residential’s...
