Archive for May, 2009
Why Lenders Sell Bulk REO and Non-Performing Mortgage Notes
Wednesday, May 13th, 2009Bulk REO Video Training
When a property is not yielding income it has dire consequences for the lenders and the general economy as well. Non-performing mortgage assets could cripple lenders abilities to borrow by just under 1000%. If the property in question is defaulted on, leaving $100,000 owed, the mortgage lender is hindered from borrowing up […]
