Mid-June Mind Dump
Topics include
Local Law enacted to prevent foreclosed vacant properties from becoming a public nuisance – Town of Hempstead, NY
Servicing Transfers
MSR Sale to SPS
Everbank to Nationstar
SBM7 1993-9: Last loan finally pays off
CPR/CDR as of May 2016 Remittance
Annual Changes
Delinquency
Modifications
Non-Agency RMBS Only – as of May 2016 Remittance
Counties with Highest Percentage of Seriously Delinquent Loans
Counties with Lowest Percentage of Seriously Delinquent Loans
Cumulative Loss Percentage by County (Highest & Lowest)
Application of Liquidation Proceeds – Accrued & Unpaid Interest (explains some unusually high severities)
Random Chase/SPS REOs
A Charming REO
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