April 2016 Remittance - Day #1 Observations
We have some interesting Zillow data starting on page 6. It is worth spending some time reviewing. The property in the first story today is quite fascinating. Never seen this situation before.
Topics
RALI 2006-QO9 Devil House
Non-Agency RMBS performance statistics - 73% available from CoreLogic for April 2016
Voluntary CPR comparison by Product, State
Zillow Market Overview and Home Value Index by State
Large REOs
Large Losses
Surprise! Forbearance recovery from Short Sale
NY State Courts - no new docket entries for RMBS litigation
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