HPI is an awful predictor of REO Sales Price
Using actual REO sales prices, we conducted a study to determine just how bad a HPI-adjusted original appraisal is at predicting the true REO sales price. We also investigated whether any adjustments can be made to improve the reliability of the estimate.
Also, we have attached some investor notices that have appeared on Wells Fargo CTS Link this month. Some may be old, but they just showed up on the site.
Investor Notice #1:
BOAMS 2005-H
BOAMS 2005-K
BOAMS 2005-L
Investor Notice #2: Acceptance of the Settlement Agreement
DBALT 2006-OA1
Investor Notice #3: Repurchase of Countrywide Loans by Non-Countrywide Trusts
ARMT 2006-3
ARMT 2007-1
ARMT 2007-2
BAFC 2004-B
BAFC 2007-4
BSARM 2004-1
BSARM 2004-12
CMLTI 2005-3
CSAB 2007-1
CSMC 2006-7
CSMC 2006-9
CSMC 2007-1
CSMC 2007-3
GSAA 2006-1
GSAA 2006-5
GSAA 2007-3
GSR 2004-8F
GSR 2006-2F
GSR 2006-5F
GSR 2006-8F
HVMLT 2005-1
HVMLT 2005-10
HVMLT 2005-12
HVMLT 2005-13
HVMLT 2005-16
HVMLT 2005-2
HVMLT 2005-3
HVMLT 2005-8
JPALT 2006-A2
JPALT 2006-A6
JPALT 2006-S1
JPALT 2007-A2
JPMAC 2006-CW1
JPMMT 2006-A6
JPMMT 2006-S3
LXS 2005-5N
LXS 2005-7N
LXS 2007-4N
LXS 2007-7N
MALT 2007-1
MARM 2006-OA2
MARM 2007-3
SARM 2006-11
SARM 2006-12
SARM 2006-3
SASC 2006-BC3
WMALT 2006-AR8
Investor Notice #4: Potential Breaches of Rep and Warranties
MANA 2007-OAR5
Investor Notice #5: Potential Breaches of Rep and Warranties
NAA 2005-WF1
Investor Notice #6: Potential Breaches of Rep and Warranties
NAA 2006-AR2
Contact us at 203-276-0672 to become a client and access all reports and attachments.
