Initial Observations of the November 2015 remittance
In today’s commentary, we investigate in detail, three borrowers who have inflicted serious losses onto RMBS investors. Amazingly, the...
Step-up Interest Rates and the effect on Deal Performance
The Making Home Affordable © (MHA) data file provided by the U.S. Treasury tells us exactly what payment shock borrowers will experience...
Countrywide RMBS Settlement – Who is actually servicing the loans?
If you think Bank of America is servicing most of these loans, then think again. Bank of America is actually servicing 52% of the loans,...
Legacy Second Lien Deals
For Non-Agency Legacy RMBS, we track 219 second lien deals with $6+ billion in unpaid principal balance. If you are interested in these...
