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February 2017 Remittance – Initial Observations

Lots more to come...

Topics in today’s commentary

  • Called Deals (with spreadsheet)

  • Rep & Warranty – Loss made Whole

  • Big Losses – February 2017 Remittance

  • New Massive REO

  • Update on the BNY Mellon Countrywide RMBS Settlement Deals and those bad FC to REO transition rates (with spreadsheet)

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