Have you heard about the Real Estate Investor Summit Podcast on iTunes? It focuses on teaching others to gain financial freedom with real estate through investor interviews. Recently the host, Mitch Stephen, interviewed me on his new podcast. Considering he is an owner financing expert himself, it was a real honor to have him share this with his listeners: "Wow let me tell you … [Read more...] about Don’t Miss This RE Note Business Podcast
private mortgage notes
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
Is there a difference between the definition of a private mortgage note and a seller financed note? Better yet, does it even matter? A recent subscriber's questions are answered. "I am getting confused with - what is a private mortgage note and a seller finance note. They both seem the same. A private mortgage note is a note that someone is holding on what was … [Read more...] about Can You Please Define Private Mortgage Notes?
Note Buyers take notice; a U.S. Bankruptcy Judge has now ruled MERS's business practices are unlawful. Heard of robo-signing, burger king kids, and attorneys promising to stop foreclosure? Well that’s all part of the MERS mortgage lending mess and it just got a lot harder than calling for a cleanup on aisle 5. What’s the impact? L. Randall Wray, Professor of Economics, … [Read more...] about What Private Note Buyers Can Learn from MERS
Would you like to meet a note buyer that has been investing in private mortgages since 1981? Well I’m honored to introduce W. J. Mencarow, founder of the Paper Source, Inc. and the feature of this month’s Note Buyer Interview. Bill and Alison Mencarow have been publishing The Paper Source Journal since 1987. It is both the first and longest standing newsletter in the note … [Read more...] about Note Investor Interview with W. J. Mencarow Founder of Paper Source Online