Professionally, my interest was specifically bond- tax free munis, fannie, freddie and higher yielding corp. stuff- nobody but institutions do that kind of biz these days.

DFI Halts Community from LendingThe Department of Financial Institutions has issued an order to Cloverleaf Park LLC in Clintonville to stop acting as a mortgage banker, loan originator or mortgage broker with- out the appropriate state license.

Many mortgages are private rather than institutional, many liens other than mortgages can exist.

For a commercial loan or residential, how do you normally find your loans.Do you go directly through institutional banks like BofA, Wells Fargo, etc or do you go through a mortgage broker who seeks out loans?

I don't think I am allowed to put his email or phone number in this post, but his company GFA Management is listed in the Indianapolis area phone listings, and his number is also on the Manufactured Housing Institute websites under Indiana members.

I used this one years ago but they are all the samehttp://www.yelp.com/biz/real-estate-institute-niles?

I was in attendance at the last Real Estate Trends conference for the Urban Land Institute here in Indianapolis.

I have to admit that I'm very confused on how to buy at retail, get an institutional loan, rent it for fair market value and cover the mortgage, insurance and property taxes.

Not an experienced note buyer, but I can tell you "one offs" are not when a fund buys one note at a time from an institution.

You never know how the sheets will be split between parting partners.Avoid potential issues, hold all major players responsible, enforce terms jointly and severally, take the position to collect amounts due from the most economical path in a timely manner.It's prudent lending practice, failing to do so is poor management identified by regulators for insured institutional lenders if major players are not held responsible.