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....
Losses that should not be
Investors should always pursue the trustee for loan activity/non-activity that doesn’t make any sense. Today we highlight some of these...
Deferred Principal Outstanding & Recovery Rates
Three of the major trustees provide loan level deferred balance data. HAMP’s Principal Reduction Alternative (PRA) modifications make...
January 2016 Remittance - More Observations
Topics Called Deals – January 2016 Remittance Servicing Transfers: o Wells Fargo to SLS – effective January 2016 Remittance o ...
Lots of Notice to Holders on Wells Fargo CTSLink
Lots of Notice to Holders have been popping up on Wells Fargo CTSLink over the past week. The most interesting we found was the notice...
HPI is an awful predictor of REO Sales Price
Using actual REO sales prices, we conducted a study to determine just how bad a HPI-adjusted original appraisal is at predicting the true...