You really can’t trust Bloomberg for CPR, CDR or Severity
We now have discovered two (2) situations where Bloomberg is reporting incorrect CPR, CDR and Loss Severity. NEW REPORTING ERROR: Correct:...
April 2017 Remittance – Day #1 Observations
Initial observations on the first night of data from LoanPerformance. 80% of the deals they track. Much more to come as additional data...
March 2017 Remittance – More Observations
Happy Friday. We are always available to answer questions, locate properties, scan the public records, or work on ad-hoc requests....
September 2016 Remittance – Initial Observations
A bunch of interesting table/charts · Performance Statistics – 4 year snapshots - CPR/CDR/Severity and more · Performance...
Beware of False Liquidations - your Vol CPR is too low, your CDR is too high and your Severity is wa
What’s the problem? For voluntary payoffs, some Servicers are passing through to the Trust certain expenses that are not collectible from...
July 2016 Remittance – Initial Observations
Topics in today’s Commentary · Losses Made Whole · Called Bank of America Shelf Deals – July and June 2016 · ...
Initial Observations of the November 2015 remittance
In today’s commentary, we investigate in detail, three borrowers who have inflicted serious losses onto RMBS investors. Amazingly, the...
September 2015 Remittance – More Observations & Charts
Topics Losses Made Whole Called Deals Delinquency Rates by City Deemed Non-Recoverable? Non-Agency RMBS Delinquency Rates Charts...
