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Results (10000)
Erick V. When should I hire a Servicing Company?
6 January 2014 | 3 replies

I've read on this forum about small servicing companies that note buyers hire after purchasing notes.

When should I hire one and what would they do for me? Is it recommended to always have one and let them se...

Bob Malecki Lender compliance for direct borrower contact in N. Carolina
7 May 2015 | 5 replies

I saw this item on an email from my servicer and am concerned if we are violating any state regs for NC since we have loans in Charlotte and one of my VAs has been doing the consumer outreach for workouts. Our service...

Mike NA What happens if my lender goes bankrupt?
17 August 2007 | 4 replies

I've got property with Countrywide and it is starting to look bad for them. What happens to me if they go bankrupt? How will I be affected?

Thanks.

David C. How are PML/HML's handling the insurance crunch?
28 September 2023 | 22 replies

I have a note in FL, borrower isn’t paying the insurance, too expensive, I guess.

Borrower is very abusive and uncooperative with loan servicing … I’ve given up trying to work things out with them. I don’t want to...

Mike Mitchell Note Servicing Companies
14 August 2024 | 42 replies

Lately I find myself doing clerical duties making sure that I'm escrowing enough for taxes and insurance when I should be buying and selling notes and properties. I don't see much discussion on here about servicing o...

Rod Walker Providing seller financing-Sample contract
9 March 2014 | 9 replies

BP Community,

First post...

I own a triplex property free and clear. I have buyer but need sample contract and understanding of how to put loan servicing piece in place. Any suggestions around where I c...

Neil Robertson Seller Financing Question
22 May 2018 | 13 replies

Seller financing question....I'm thinking about proposing this to a seller.  Purchase price 600k, I give him 60k for a down payment, then 5k per month for 1 year (60K). After 1 year I owe him the rest of the price for...

Robert Kriedermann My lender spent my escrow on taxes for the wrong parcel.
5 June 2020 | 3 replies

A few years a go I purchased 2 duplexes from a single seller with cash that are about a quarter mile from each other on the same street.Over a year ago I refinanced just one of the properties. The payment was $857.70 ...

Chris Seveney Start Small Think Big
24 March 2019 | 15 replies

I get asked a lot where should I start / what should I buy when investing in notes if I want to learn the business. I typically recommend someone buy a low balance (with equity) performing asset so they understand the...

Justin Gross note finding
18 March 2010 | 16 replies

How do I start looking for mortgage notes? I have heard about going to the local court house but, where do I look? Also are investors more interested in buying 1st mortgages then 2nd mortgages? I would love to get...