Desperate non-performing note buyers beware! More hurdles ahead

[Rick H.]

Federal policy makers want to keep you from buying and profiting from openly traded non-performing notes (NPN).

The bias is against private investors who purchase 1st and 2nd mortgages of delinquent homeowners in favor of non-profit entities who are deemed to be more likely to find ways to mitigate or negotiate favorable modifications or forgive debt entirely.

During this phase of real estate cycle, investors tempted to buy from the remaining inventory of bad paper must consider practical side of their profit and exit plan as lawmakers conspire to make it more difficult for you to benefit from loans you've acquired.

Read the full article from an industry newsletter here:

http://www.dsnews.com/news/09-30-2015/elizabeth-warren-leads-protest-of-agency-npl-practices