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Posts Tagged ‘Defaulted Loan’

The Reasoning Lenders Use for Unloading Non-Performing Mortgage Notes as Well as Bulk REO Properties

June 26th, 2009
Bulk REO Video Training Everyone feels the negative brunt of non-performing assets, not just the lenders. Non-performing mortgage assets could cripple lenders abilities to borrow by just under 1000%. Lenders can be blocked from borrowing up to $900,000 on a defaulted loan of just $100,000, that is, until the property is divested. Plus, as defaulted assets lose value banks are forced to write down the lower value and bear the loss. (A quick note from the editor: For related informat

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