December 2015 Remittance – Initial Observations
We end 2015 with a collection of observations, a bunch of tables and charts, an account of a borrower who beat the system, and a...
The story of two modifications that immediately fail
Any modification that immediately fails needs to be investigated just like any loan that never makes a single payment. It is even more...
Loss Severities for Data Geeks like us (with attachment)
Today we provide loss severity data and lots of it. We like to provide data to our clients to study and learn from as opposed to...
REO Liquidations still sitting in your Deals
Back in March we discovered 253 Ocwen serviced loans for $70MM UPB that had been liquidated (REO sold), but the trust still showed them...
