Non-performing note investor--2014 New Law ?'s

[Tricia Haggard]

I currently invest in non-performing notes (seconds). I attempt to get the borrower back on track using a variety of work-outs that benefit both the borrower and me.

I use FCI to service the loans once they become performing. Recently, I spoke with FCI and they said many large companies and self-servicers have stopped servicing their NPN's due to new laws as of January 2014.

My question is what new laws would apply to a npn investor? Should I begin letting FCI do full servicing and collections on my npn notes to be safe?

Any advice is appreciated!