BUt, knowing where they are doesn't help with collectibility any if they have no assets or credit to protect.  

Obtaining the quit claim deed as well could save them costs as w/the bk discharge they can't attempt to collect/contact if chp7 without a reaffirmation agreement.  

Even though the buyer bought the note at a discount they are still allowed in most cases to collect the full value. 

One for rent collection, one one for maintenance, and you can set up more for other reasons.

After 2.5 years I found out after receiving several payoffs, and consummating several note sales/short sales that it was an assumed practice (by collection agency) after Chase bought out Advanta. 

My 15 yr loans are good but we have a chance to refi to 20yrs loan allowing us to collect more cash flow.

In regards to collecting payments, you can use a licensed Mortgage Servicer.  

Owner has NOT collected or asked for rent in 2 years.Please PM me or call 323-813-5050

However, a self-sustaining core economy must be the foundation of which tourism is built upon.Finally, the tax revenue collected by the city has made it possible for the city council to guide the progress of The Dalles for the better.

Only comes into play when you're acting as a buyer on a short sale, or some REO's, and trying to also collect the buyer agent commission.