March 2018 Remittance – Initial Observations
Topics: Called Deals – March 2018 (preliminary) Servicing Transfers New REOs – March 2018 Big Losses – March 2018 6 Month Loss Severity –...
October 2017 Remittance – Day #1 Observations
Called Deals – October 2017 (so far) Current to 30 Roll Rates (OTS) – Hurricane Harvey Bloomberg is still reporting incorrect CPR, CDR...
October 2017 Remittance – Day #1 Observations
Loan level data from CoreLogic on 70-80% of the active deals always arrive the evening of the remittance, which is tonight. As of...
July 2017 Remittance - Observations
Topics included: Call Rights and Trustee Litigation Spreadsheet – Updated as of July 2017 Remittance (attached) Servicing Transfer: ...
Beware of Fake REOs
Our Claim: We have discovered 420 Nationstar serviced loans that we suspect are sitting in the trusts listed as a REO yet: have...
SAMI Bonds - Beware of REOs that have already been sold
Happy St. Patrick’s Day. You may need a stiff drink after reading through today’s commentary. We have found a number of loans in SAMI...
Servicer & Trustees - Alleged Errors
#1: Alleged Errors by Servicers: REO Liquidations still sitting in your deals Explanation: Sold REOs (deed transferred from trustee to...
December 2016 Remittance - Servicing Transfers and REOs
We are always available to answer questions and investigate anything that disturbs you. Feel free to suggest a topic that we should look...
June 2016 Remittance – Final Observations
Making money is great but saving your firm money is also pretty impressive. If you are using anyone besides us to host your data, then...
Mid April 2016 Observations
Happy Friday before Tax Day. Topics today include: Deferred Debt Fully Recovered – even for a Condo in Florida – AMAZING!! A very bad...
