The number of notes created through owner financing in 2019 reached $23.9 Billion. 2019 Owner Financing Numbers At A Glance There were 86,155 seller financed 1st position notes in 2019 compared to 91,605 in 2018, a 5.95% decrease.The dollar volume of $23.9 Billion was a 7.41% decrease from the $24.9 Billion in 2018.Almost 70% of the notes were created in just ten … [Read more...] about Owner Financing By The Numbers 2019
Loan to Value
Billions of Non Performing Notes Selling in 2015
We’re not even half way through the year and sales of non-performing note portfolios are already robust for 2015. Part of the credit goes to requirements issued by The Federal Housing Finance Agency (FHFA) to reduce the number of delinquent loans in the portfolios of Freddie Mac and Fannie Mae prompting several sales by these GSEs (Government Sponsored Enterprises). Largest … [Read more...] about Billions of Non Performing Notes Selling in 2015
What is LTV and ITV?
You have probably heard a lot of acronyms thrown around in the note industry. Many have to do with note values and calculating price. Including LTV and ITV. LTV - Loan to Value LTV stands for Loan to Value. This is shown as a percentage. LTV tells note investors how much the buyer or payer owes against the property. It helps answer an important question based on the … [Read more...] about What is LTV and ITV?
