Updated about 2 years ago on . Most recent reply
Costs Are Increasing !!!!
As inflation rises, note investors need to take a closer look at their costs. This is why it is first and foremost critical to understand the costs of owning a note.
Things like legal fees, servicing, and insurance are all getting more expensive. This will have a significant impact on your loans, especially on lower balance loans or loans with low payments.
So now that you are informed, what should you do? You might want to go back and check on those notes you bought for example two years ago and rerun your numbers. Just like MF deals are down in asset valuations, so are notes. So what was a good deal back then might not be as good a deal now.
It's important to check your investments and adjust to these changes.
- Chris Seveney



