Sandy Uhlmann
How do I figure out who to send a QWR to?
I purchased a note that had a UPB that was near $100,000 on the tape. When all said and done and boarded with a servicer the UPB was recorded as about 3/4 of that number. The borrower admittted to owing the higher...
Jacob Pereira
Client was accidentally foreclosed on and now gets a 40 year loan. Legit?
Keep in mind that this is second hand, so some of the details might be off, but here's my understanding of the situation. One of my client's loans was sold to another provider, who didn't do a good job reaching out to...
Challenor Jack
Newbie to Notes
Hi all,I am looking to get started with notes investing. The more I read the more I am confused as to where to begin. So here are some of my questions and I hope someone can point me in the right direction. Should I...
Eran Linker
Mortgage insurance approved servicer
Hi all,I bought a NPN in WI that has a Radian MI with it. the problem is that i can't find a servicer that is "approved Radian servicer".Peak and FCI are not approved ...Radian can't share their list either due to leg...
Kim Garrett
Loan Ammoritization software or?
Hello everyone,We are selling a house in Richwood WV 9( sales price $55k)and we are going to carry the paper on it. I would like to have someone service the loan but most seem to want at least $45 a month which seems...
Mark Rechkemmer
Caliber Home Loans contact
I found a property nearby that Caliber Home Loans (hedge fund lender) has taken via foreclosure from the owner and the property is sitting vacant since Spring. Has anyone worked with this lender before that would have...
Account Closed
Subject to paperwork
I'm closing on a property in Douglas County, Colorado subject to today. This is my first sub2 purchase. I'm trying to confirm if a signed POA along with a signed Auth to Release Info sheet is satisfactory for accessin...
Joe Daigle
Are Note Yields affected by the cost to maintain the note yearly?
Doesn't the cost of holding a note, change the yield that's projected? (i.e. monthly servicing costs etc.) And, if so, how do you remedy that?
Thanks for any advise.
Shatrice Cherry
Ohio Mortgage Broker
I’m trying to get loan for my first rental investment and I was wondering does anybody have experience using a Mortgage broker that service the Cleveland, Columbus, Dayton, Springfield Ohio areas? Thank you.
Tim Kanak
Any Investment Loan Tricks?
Can you get a conventional 5% loan or an FHA loan if you are living in another house? How would the lender know?Can you get the new loan, move in - then move back out to your old home? Any leveraging tricks I can b...