I could spend $30 on a mobile home book, flip 4 trailers, and have over a grand a month of income for over 4 years.I have no problem with NR as an education instrument, I have a problem with its price and the MLM portion to it that turns newb investors in zealots.Sorry, this doesn't answer your question, but it is my strong opinion.

The court can issue a 1099 (to the borrower) for the difference or they may send the borrower to a collections agency, or even garnish the borrower's wages.In regards to foreclosures, Trust Deeds are a written instrument legally conveying real property to a trustee (or a third party) used to secure a mortgage or promissory note.Trustee's SaleA sale conducted by a Trustee, in the case of foreclosures, this refers to the sale of the property in question.Notice of DefaultWritten notice sent by a lender notifying the borrower that he/she has not met his/her obligations under the loan contract, and the lender may take legal action to enforce said agreement.

The option is also powerful in that you can just make it a condition of the wholesale that the seller sells to the end buyer and you get paid on the HUD as a satisfaction of your lien instrument.

People generally buy notes as income instruments, not as back-door purchases.

The funds sought to maintain a $1 share price and only invested in the safest short-term instruments available.

Oh and by the way Krzy... that is a five string bass that i do solo instrumental stuff on.

The expectation is that these two (the CDS and the loan) balance out, but when they move out of step, the bank's balance sheet becomes very volatile.The argument against mark-to-market is that its hard to value these instruments.

There are other types of instruments that I work with as well.

As far as they know, I'm just an Instrument Technician at a paper mill (which I enjoy keeping my time occupied with).

The land on which the mobile home sits is titled by a deed or other recorded instrument through the county recorder.An older mobile home can also be mortgaged, but there are some factors to consider, such as whether the home is on a foundation, whether the home has a garage or porches added on to it, and the age of the home.