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...
People of the State of California vs. U.S. Bank
Superior Court of California for the County of Los Angeles Central District – Central Civil West Division, Case No. BC 488436 With a...
The Trial is over
U.S. Bank as Trustee of MARM 2006-OA2, MARM 2007-1 and MARM 2007-2 against UBS Real Estate Securities Inc. This is fascinating reading. ...
Deferred Principal Outstanding & Recovery Rates
Three of the major trustees provide loan level deferred balance data. HAMP’s Principal Reduction Alternative (PRA) modifications make...
Stop Advancing and the Allocation of Net Liquidation Proceeds
From the examples listed it appears that when Nationstar is involved, as either Servicer or Master Servicer, the Net Interest accrued but...