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Wednesday, June 04, 2008

Monster mash

If the two-signature/two-date rule was Jason, and COMADs call to mind NOMAD, then what is the Cost-Effectiveness Review (CER)? I recently compared it to Frankenstein's monster, but now it has reached a new level of evil.

I just picked up a new client, and right off the bat, I'm hit with a CER. Only it's for a 2005-2006 FRN for which disbursements are complete. So the client may be looking at a COMAD. It's like Frankenstein's monster and NOMAD working together. And they have a time machine.

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