Survey: Companies that provide private note leads info

[Khenkis K.]

Hey BPers,

I want to see who else is in the private notes scene and what lead gen companies/sites you get your lists from. If you don't want to disclose the source, that's fine; I'm actually specifically interested in knowing if your source provides you with details about the private note itself. So, maturity date, terms, you get the gist. Any enlightenment is highly appreciated.

[Sean OToole]

@Khenkis K. - there seems to be confusion in this thread between public records data, and private data. The firms you mention will have public records data on notes (actually the deed of trust or mortgage that is recorded to secure the note). Whereas private sellers of notes may be able to offer non-recorded private information in some circumstances.

I believe @Sam Shueh and @Christopher Winkler think you are asking for the later non-recorded data, and if so, it is likely you'll never build a good data set on which to turn ai loose, and whatever data you do acquire will be through hard earned relationships with note sellers, as they mention.

If you are, however, just looking for public records data, then all the sources your mentioned will offer roughly the same data. The primary limitation being what data is actually recorded. For example, you will typically find interest rate date on adjustable rate mortgages, thanks to the requirements for adjustable rate riders. At the same time you typically will NOT find rates for fixed rate mortgages.

Since you specifically mention "private" notes, I personally believe public records are what you actually want, and the best opportunity - why buy stuff other buyers or servicers don't want when you can go directly to the source? To find out what data is available from public records you can a) ask various vendors like the one's you mentioned, or b) go pull some mortgage or deed of trust documents in the area you are interested in, read them and see for yourself what they offer. I recommend the later regardless as you'll then be able to judge how complete each vendors offering is compared to the data actually available.

Unfortunately, while we are working to expand to your area, we have not yet done this analysis for GA.