Posts tagged as:

foreclosures

The Reason Banks Made the Decision to Sell Non-Performing Mortgage Notes and Bulk REO’s

by Bruce

Bulk REO Video Training
Defaulted mortgages create a backlash whose effects are felt by not only the lenders, but the economy as a whole suffers as well.  Non-performing mortgages limit lenders borrowing power by up to 900% in many cases.  If the property in question is defaulted on, leaving $100,000 owed, the mortgage lender is hindered [...]

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