Paul S.
Collateral Charge vs. Standard Charge Mortgage
Hi everyone.
This is regarding a Canadian property and Canadian lender. The lender gave me 2 options:
1) Standard Charge: I pay it off over the years per usual
2) Collateral Charge: the registered amount does not r...
Chad U.
Mortgage or Loan Charge-off
Hey all Note experts out there, hopefully someone can help out here. I'm doing DD on an NPN that I got a bid accepted on, and upon review of the collateral and servicing notes, it's indicated that the mortgage was ch...
Danny Ferrari
Mortgage Lender Charging For Credit Check
Hello! New investor here 👋🏻 Is it standard practice for a lender to charge for a credit check? Currently being charged $40 for a "credit report payment authorization".
Richard Warren
5 charged in 'nightmare' $70M mortgage scheme
Here we go again.
(AP) More than 1,000 people were defrauded out of about $70 million by a group advertising the dream of homeownership in what turned out to be a nightmare Ponzi scheme, federal and Maryland official...
Mike B.
Points charged on Mortgages <$100K in St. Louis?
Good Afternoon All!I'm in my last steps to lock up financing (conventional) on my first investment property - final inspection was this morning and am discussing options with my lender. For those purchasing homes tha...
Corey Dutton
Kansas Man Faces Charges of Mortgage Fraud Conspiracy
A Kansas man could face up to 120 years in prison, as told by MPAMag.com. Terrence Matthew Brown purchased 10 homes in Kansas City, all of which ended up in default. He also received over $200,000 in kickbacks as a...
Corey Dutton
Kansas Man Faces Charges of Mortgage Fraud Conspiracy
A Kansas man could face up to 120 years in prison, as told by MPAMag.com. Terrence Matthew Brown purchased 10 homes in Kansas City, all of which ended up in default. He also received over $200,000 in kickbacks as a...
Josh Kindlesparker
Mortgage charged off. Still active due to debt puchase.
Just need some pointers so I handle this situation correctly
I got a call from a lady wanting to sell her house.
She thought it was free and clear except for delinquent taxs. $2000
She will sign the deed over to me f...
Tony Ferrara
Do mortgage charge offs attach to new property deed?
Hello everyone I'm so glad I found this website!My wife and I have saved a substantial amount of money and ready to start investing in real estate, we are looking to do a cash purchase deal on a home or two flat and u...
Account Closed
being charged 5.125% mortgage rate for credit score of 845.
Hello,I am buying my first out of state investment property in PA. 3/1.5 SFH.Purchase Price is 110k , needs a new roof, some TLC. Planning for 20 % down.Similar fixed up properties there are going for 150-155k in tha...