Losses of past, present and future
We continue to highlight loans sitting in trusts with huge pending losses. While some of the losses are inevitable, others can be tamed somewhat, while some should have never occurred. We may be beyond the statute of limitations on some of our findings, but we will leave it up to you to determine that. We also keep finding loans sitting in trusts that the servicers had liquidated months to years prior. We are not certain who is to blame for that oversight. These are your investments. We are here to help protect your money. It only takes a save on one loan in one of your bonds to make us a very valuable resource.
Someone appears to have forgotten to pass a $2.2mm loss thru to the Trust
Fifth Payment Default - at least $1.5mm loss coming next month
40% of pool will soon vanish
Another loss coming that investors do not deserve
Borrower litigation and investors potentially face a $2mm+ loss - a third payment default
House abandoned over 4 years ago: 100%+ loss expected
House is demolished: 100%+ loss expected
How to get to a 160% severity (really 134% severity)
Contact us at 203-276-0672 to become a client and access all reports and attachments.