May 2015 Remittance – more observations
Topics SLS – Big Chargeoffs this month Modification of a REO? Transfer from Ocwen to SPS to be completed by mid-June 2015 (4 deals) Bank...
May 2015 Remittance – Day #1 Observations
With 75% of the deals that CoreLogic LoanPerformance tracks Prime CPR/CDR Loss Reversal Rep & Warranty – Losses made whole NYC 2-4 Unit...
April 2015 Remittance – more observations
Topics Uncured Breach of any Rep & Warranty OR Insurance Claim? Ocwen 10-K filed 5/11/2015 (some excerpts) Servicing transfer to Select...
Unrecognized Principal Forbearance
We've received many requests to produce estimates of outstanding unrecognized principal forbearance. With the oddities associated with...
Title Insurance
Today’s commentary documents the case of an undisclosed heir taking sole possession of a property, which is a situation that a mortgage...
