In other words, banks are permitted to own a tax lien where there is still some hope that the homeowner will redeem, but as soon as that looks unlikely, the banks are supposed to dump the liens because they aren't supposed to own more than a certain percentage of non-performing assets.Not having read Dodd Frank in detail, I couldn't really call BS on it, but this is not my understanding of the overall content of Dodd Frank.  

Flood insurance was supposed to go up on everyone last year, but congress kicked the can down the road and "fixed" it by giving owner occupants a $25 surcharge and businesses and non-O/O a $250 surcharge. 

We don't like to get dirty, so we either buy REO's or vacant Contract for Deeds and sell to rehabbers, or buy Non-Performing Notes & fix & flip the note, or get a Deed-In-Lieu or Foreclose if they won't repay.We would, depending on the investors exit time frame;1.

Response rate is often misused as blanket term, really meaningless as far as non-vanity analytics is concerned, here is why; - Response rate is only relevant when derived from a specific segment or target.

If my buyer screws up I get to foreclose and own the house at a much lower cost basis so I'd win again if I have to back up my loan guarantee.Ask around in non-conventional lending circles if a broker has created long term wrapable funds. 

This seems like a non-conventional method, but if they do the trick, I think it's an awesome idea.  

There are pet fees, non-refundable cleaning fees, pro-rated rent, et cetera. 

They charge up front fees of $2500 and you are required to pay a $650 property valuation fee for each property (non-refundable).

@Ryan Dossey I really like your simplistic and friendly non-salesman approach on the voicemail.

A non-REA doesn't have those requirements to follow.Selling a contract isn't illegal.