Servicer & Trustees - Alleged Errors
#1: Alleged Errors by Servicers: REO Liquidations still sitting in your deals Explanation: Sold REOs (deed transferred from trustee to...
Beware of False Liquidations - your Vol CPR is too low, your CDR is too high and your Severity is wa
What’s the problem? For voluntary payoffs, some Servicers are passing through to the Trust certain expenses that are not collectible from...
Welcome to Brooklyn – What a Foreclosure Mess
Under New York law, the statute of limitations in a mortgage foreclosure action is six years, which begins from the date of acceleration...
