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Updated over 6 years ago,
Mortgage Note Price Inflation
Any note investors notice lately the prices to purchase 1st lien distressed loans have been increasing? The days of picking up a note for 30 cents to the dollar but 60% for non performing is getting a little out of hand.
Our note broker so far has not increased the prices for us so we still get good deals but I hope it doesn't get out of hand for everyone.