Outstanding Forbearance – Bang Head Here
The industry should be ashamed of how awful the reporting of this important data element is. The governing documents don’t require the...
Yet another Reporting Error – Bank of America’s Imaginary Second Lien REOs
The Alleged Error: The statement below and the graph showing the increasing number of REOs outstanding for three of the CWL second lien...
March 2017 Remittance - Day #1 Observations
With 76% of the deals that CoreLogic LoanPerformance tracks. Topics in today’s Commentary Warning 18 Called Deals – March 2017 Rep &...
A Data Junkie’s Guide to Subsequent Recoveries
Happy Wednesday. Today we are sending out a lot of interesting data on subsequent recoveries. We are more than happy to walk you...
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...
We figured it out! Why the FC to REO transition rates dropped to practically 0% on most of the deal
It was obvious that something changed right after the allocable share of the $8.5 billion in settlement cash was distributed to...
Deferred Principal Outstanding & Recovery Rates
Three of the major trustees provide loan level deferred balance data. HAMP’s Principal Reduction Alternative (PRA) modifications make...