June 2016 Remittance – Trustee Notices, Called Deals, Forbearance Recovery and more
Topics in today’s Commentary
· Trustee Notice – Alleged Event of Default: WFMBS 2006-8, 2006-9, 2006-10, 2007-1, 2007-4, 2007-8
· Called / Terminated: June 2016 Remittance
· Non-Called BOAA/BOAMS deals with similar characteristics to deals recently called
· Called / Terminated: January – May 2016 Remittance
· Called / Terminated: July – December 2015 Remittances
· Non-Called RALI QS deals with similar characteristics to deals recently called
· Deals with Forbearance Recovery at Liquidation – 2016 Only
· Forbearance Recovery is possible even with a REO Liquidation
· Examples: Forbearance Recovery from REO Liquidation
· Forbearance Recovery is possible even with a FC Sale/Short Sale
· How to get a 208% Severity
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