March 2017 Remittance – More Observations
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Topics in today’s Commentary
March 2017 Remittance
2016 - 2017
Wells Fargo, as Securities Administrator, is reporting FALSE Liquidations (we discussed this in September 2016)
Sample Deals where Bloomberg is reporting bad Vol CPR, CDR and Severity – March 2017 Remittance
Loan Level – Voluntary Payoffs incorrectly reported as a Liquidation by Wells Fargo due to a loss under $1,000 – March 2017
Crazy Home Loans that really exist (aka big losses coming on DQ loans)
As reported by the press
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