Reform and Consumer Laws in the Note Business
Friday, September 18
NNG on the Necessary Steps to ComplyWith CFPB Amended RegulationsIt’s said that rules are essential to keep organization and enhance clarity in communication throughout society. Some people need guidelines to better comprehend things and/or simply for protection. The CFPB is one such agency geare...
Knowing Where You Stand With Homeowners
Tuesday, September 08
This is a business! Once you have acknowledged that note buying is indeed a business you can then proceed to a well written plan of action and successfully begin cash flowing. If you cannot grasp the concept however, your cash flow will suffer, to say the least. Simply admiring the shiny object i...
The Note Business: An Industry On The Rise
Friday, August 28
NNG Explains How to Grow in your Business and Succeed with Notes.By: National Note GroupSome make the move from one profession into the note business, which can be quite lucrative. Is it the best choice for everyone? Not necessarily; that is for one to decide on their own. What we are saying howe...
Servicing Setup In The Note Business
Tuesday, August 18
To service a loan that re-performs, you would need a servicer’s assistance. Getting the right servicer for your loan can sometimes be tricky according to your needs and desires. FCI Lender Services, Madison Management and Landhome are a few of the servicers NNG uses. The largest one of these is F...
How to get on the bidders list and stay on it.
Tuesday, August 11
Meeting Qualifications and Knowing the Fundamentals.Like most processes in life there are obstacles and requirements to qualifying as a “bidder;” however, nothing impossible or too difficult. This business isn’t meant to be hard it really just takes proper preparation and practice. Many times NNG...
No Hiding with Homeowner Financials
Wednesday, July 29
Verifying Homeowner Financials and other Essential InformationBeing a note buyer means more than notes and cash flow; it also means knowing your homeowner. At any point a homeowner can deny having the money to meet pending payments. Don’t be too quick to take their word or the payment amount they...