Ocwen’s Rising Modification Re-default Rate
Ocwen’s 6-month modification re-default rate has been rising and will most likely keep rising. That is not a knock on Ocwen, but a...
September 2016 Remittance – Initial Observations
A bunch of interesting table/charts · Performance Statistics – 4 year snapshots - CPR/CDR/Severity and more · Performance...
Ocwen Modifications, Servicing Transfers and more
Topics in today’s Commentary · 375 Tennessee loans serviced by Ocwen just had their interest rate drop below their lifetime floor....
Items of Interest plus Estimating Escrow & Corporate Advances
Topics Today include · Ocwen - Informational Notice Regarding Master Servicer Examination Report is available · Did you...
Loss Severities for Data Geeks like us (with attachment)
Today we provide loss severity data and lots of it. We like to provide data to our clients to study and learn from as opposed to...
REO Liquidations still sitting in your Deals
Back in March we discovered 253 Ocwen serviced loans for $70MM UPB that had been liquidated (REO sold), but the trust still showed them...
Wells Fargo posts 17 Delinquency Servicer Event of Termination Notices on CTSLink, however 6+ years
Ocwen serviced: 16 deals, SLS serviced: 1 deal Contact us at 203-276-0672 to become a client and access all reports and attachments....
Unrecognized Principal Forbearance
We've received many requests to produce estimates of outstanding unrecognized principal forbearance. With the oddities associated with...
Title Insurance
Today’s commentary documents the case of an undisclosed heir taking sole possession of a property, which is a situation that a mortgage...
Ocwen – Uh Oh – Liquidation Proceeds not remitted to the Trust?
Typical Language in a Pooling & Servicing Agreement “The Servicer shall withdraw or shall cause to be withdrawn from the related...
