November 2014 Remittance – Day 3
In today’s commentary, we continue our mission to look after investor interests. We present facts and observations with some detailed investigations into trustee and servicer practices. We have gone far beyond the CoreLogic LoanPerformance dataset to get you the answers you deserve. We believe there is no other source available for this type of information and it is the best way to stay on top of the increasingly complex issues affecting your Non-Agency RMBS investments. As always, we welcome your questions, comments, criticisms and ideas.
Rep & Warranty Repurchases – Losses Made Whole
Stop Advancing: Deals with the largest decrease this month
Stop Advancing: Deals with the largest increase this month
Principal Modifications: Deals with the largest increase this month
Modifications: Loans that have not made a payment in over 7 years
Principal Forgiveness with No Realized Loss?
Let’s see how another trustee treats Principal Forgiveness on Ocwen serviced loans
SPS sub-servicing arrangement with JPMorgan Chase
One Loan with lots of things to discuss and learn from
Contact us at 203-276-0672 to become a client and access all reports and attachments.