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August 2017 Remittance – Day #1 Observations

Sadly, we include an analysis of exposure to Hurricane Harvey. We performed this same analysis back in 2005 with Hurricane Katrina and in 2012 with Superstorm Sandy.

Topics:

  • Called Deals – so far, our LoanPerformance data shows no deals called this month

  • Exposure to Hurricane Harvey

  • In hindsight, too much was forgiven and no Shared Equity Appreciation? HUH?

  • Large Losses – August 2017 Remittance

More data arrives tonight. The LoanPerformance data on some RFC deals was incorrect in Friday’s data delivery. Hopefully fixed tonight.

Contact us at 203-276-0672 to become a client and access all reports and attachments.

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