Updated over 7 years ago on . Most recent reply

Note question re: arrears
Sorry for the obvious ignorance, but I'm interested in note investing and have only done a little self-education. Do the notes listed for sale on exchange sites like FCI include arrears in the upb? I realize those are "retail" sites but that is all I have to go by to get used to the math involved.
Thanks,
Bryan
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Jay Hinrichs
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I don't think all the notes on FCI are NPN.. ... I have not checked lately.. but novice and NPN usually has a pretty steep learning curve.. be careful.. I have looked at some notes on that site and you can tell there are some pretty sophisticated sellers selling to some really unsophisticated buyers.
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