January 2016 Remittance - More Observations
Topics
Called Deals – January 2016 Remittance
Servicing Transfers:
o Wells Fargo to SLS – effective January 2016 Remittance
o Everbank to Nationstar – effective March 2016 Remittance
Lehman RMBS bondholders - $100+ million in expenses coming your way: Follow-up from our April 27th Commentary
o Lehman Shelves: Extraordinary Trust Expenses from US Bank remittances (attached spreadsheet)
Large REOs
o CWHL 2006-TM1; Loan # 112890935; Servicer: Bayview (previously BAC/CW)
o SAMI 2004-AR5; Loan # 0045509462; Servicer: Nationstar (previously BAC)
o TMST 2007-3; Loan # 0018913319; Servicer: Nationstar (previously BAC)
o HVMLT 2007-5; Loan # 0001737369; Servicer: Ocwen (Homeward 3/13)
* Why did it take 7 years from last payment to recover the property?
Recent Ocwen Non-HAMP Modifications
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