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Updated about 5 years ago on . Most recent reply

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30
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5
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Micah A.
  • Kapolei, HI
5
Votes |
30
Posts

Can note lender contact borrower directly?

Micah A.
  • Kapolei, HI
Posted

Is it legal for me to contact borrowers directly to discuss modifying loans?

Currently own two non-performing junior liens in Connecticut. I have an LLC which I used to buy notes and currently have both notes boarded with a servicing company.

Most Popular Reply

User Stats

110
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251
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Adam Adams
  • Investor
  • Small Town, TX
251
Votes |
110
Posts
Adam Adams
  • Investor
  • Small Town, TX
Replied

I usually hire loss mitigation experts. I haven't found a servicer that I am happy with in regards to loss mit.  Polaris Counselling and Singer Law Group are who I recommend. Both are out of California.

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