
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 – Initial Observations
We will have much more once everyone returns from the holiday break. Have a safe and prosperous new year. There is still over $500...

This is a disturbing data error by Ocwen as Master Servicer
Here is last Friday’s Commentary. With the long holiday weekend, we delayed distributing it as we assumed no one would be around to read...

Trustees & Servicers owe you answers now
This commentary is required reading. Seriously. Investors NOT paid back for Losses incurred from Deferred Debt when we highly suspect...

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...

Ocwen Modifications, Servicing Transfers and more
Topics in today’s Commentary · 375 Tennessee loans serviced by Ocwen just had their interest rate drop below their lifetime floor....

Welcome to Brooklyn – What a Foreclosure Mess
Under New York law, the statute of limitations in a mortgage foreclosure action is six years, which begins from the date of acceleration...

Florida Statute of Limitations
Facts Florida has a 5-year statute of limitations on mortgage foreclosures. The statute of limitations is a time limit to bringing on a...