The “Power of the Network” contest (want free airfare to the Note Summit?)
"It's not what you know but who you know..."
(OK, so maybe it's both...)
I spend more time on the phone than a teenager. Why? My note buying business runs on relationships. If there's one thing that makes me a successful note buyer it's the relationships I've built over time with investors, sellers, brokers, fellow buyers, and the people who support the business on the backend. These give-and-take relationships are the fuel that powers my business.
Sure, I...
Massive relief…the little firm called MERS
Leave Dean a comment or question below!
A recent article by a noted Huffington Post writer, Ellen Brown, caught my eye.
"Landmark Decision Promises Massive Relief for Homeowners and Trouble for Banks" she wrote on HuffingtonPost.com, noting that a Kansas Supreme Court decision gave millions of distressed homeowners "the legal wedge they need to avoid foreclosure."
Read more here.
Over the past week, I've been forwarded that article from over a dozen concerned and worried students asking me...
The Dog Ate My Note
Another in our "Notes and the Law" series... Leave us a comment below!
Hi, Attorney Susie here again. One of my favorite professors in law school was A-OK with his students using the excuse “my dog ate my homework” to turn in a late assignment. However, in order to use the excuse, you had to produce the evidence proving your dog ate your homework. Not surprisingly, all of us opted to turn our assignments in...
Part I: Jail is not an...
Another in our “Notes and the Law” series… Leave us a comment below! Hi, Attorney Susie here again. Debbie Debtor is an old client of mine. The first time she came into my office, she was in tears, she had recently lost her job and had a...
Foreclosing on...
Announcing a new section on our blog we’re calling “Notes and the Law”… Enjoy–and leave us your comments! Hi – I’m Susie, I’ve practiced law, and Dean asked me to contribute tips and pointers to help make your life...
Trends in Note...
Trends at the Top: The Insider’s View I wanted to share with you some insight from an Insider who’s a loan sale advisor. One of the “quiet types” who’s happy to work inside larger trades. Here’s a summary of what he’s...
BFF: What “Bank Failure...
Bank Failures and Note Buying 101 A bank failure is not the same each time around. And they all represent different opportunities for a well-tuned note buyer. Here are the four key things to look for in bank failure announcements: 1) Did the failed bank...
Mortgage...
Cramdowns are back–how could it affect you? Barney Frank just announced today in the Huffington Post that he’s preparing to re-open the bankruptcy cramdown debate this fall in a financial regulatory reform bill – he claims there aren’t...
The Note and the Dead Parrot
Here’s a question I recently received: “When a securitized Note is foreclosed & sold at auction, & the court approves the sale back the bank, does the Note now become a non-securitized Note? Thanks, Steve” Great question –...