December 2016 Remittance – Initial Observations
We will have much more once everyone returns from the holiday break. Have a safe and prosperous new year. There is still over $500 billion of collateral outstanding that needs to be monitored on behalf of RMBS investors. We will continue to work hard to protect your investments.
Update from a previous Commentary – Deferred Debt collected at payoff/liquidation – Ocwen Master Servicing
We sent Ocwen Master Servicing our data and analysis and after investigating the issue, they now will begin to fix the data problem. We will see in the coming months just how they do it.
New Residential buying up all PHH’s MSR
Includes a list of Non-Agency RMBS deals serviced by PHH
Performance by Product 2013-2016
90+, FC Pipelines by State
AZ, CA, FL, GA, IL, NJ, NY, TX
Big Losses – December 2016
Big Loss Coming soon
Deed in Lieu
We are always available to answer questions and investigate anything that disturbs you. We are pretty good at matching addresses to delinquent loans using the public records. Even better is the availability of updated valuations. We are your research team. Please call/email.
Contact us at 203-276-0672 to become a client and access all reports and attachments.