Below you will find a collection of real-life resolutions, sales & failed deals. The victories & defeats below are actual situations that illustrate some of the scenarios you will encounter as a note investor.
This case study from Leicester North Carolina illustrates how a quick-thinking investor can pivot from a discounted payoff into a short sale when facing pressure from other lien holders. In this case, the Home Owner’s Association (HOA) enforced their lien by initiating foreclosure.
Table of Contents
I would be happy to get on a call, meet in person or answer an email if you need individual attention!
Robert Maxwell Hytha
FIXnotes, LLC
Meet the Author
Robert Maxwell Hytha is the founder of FIXnotes and a partner with US Mortgage Resolution, one of the country’s premier mortgage note investment firms.
Beginning in 2011, Rob has analyzed, purchased, managed and liquidated thousands of mortgage notes. He personally operates his own portfolio of rental properties & mortgage notes.
Rob has found his passion in teaching investors a better way to invest in real estate.
Need help? Give us a call!
Real Estate News
Posted To: Mortgage Rate WatchWhile it might not seem like the sort of thing mortgage rates should care about, the senate run-off election in Georgia was by far and away this week's most important event. This wasn't a surprise either. In fact, interest... The post Have We Seen The End of Record Low Rates? first appeared on FIXnotes. [...]
The estimates in the Bureau of Labor Statistics latest numbers were only marginally higher than the previous month, which may reflect more deliberate hiring and a preholiday slowdown. The post Nonbank mortgage jobs inch up to another series record first appeared on FIXnotes. [...]
Over a decade after passage of the ATR rule, many now see that regulating a borrower’s ability to repay while not restricting credit can be a balancing act. The post The mortgage industry should build ATR rule governance appeared first on HousingWire. The post The mortgage industry should build ATR rule governance first appeared on FIXnotes. [...]
After three consecutive weeks of increases, the number of loans in forbearance fell by 92,000 the first week of 2021, according to Black Knight. The post New year sees 2.74 million loans in forbearance appeared first on HousingWire. The post New year sees 2.74 million loans in forbearance first appeared on FIXnotes. [...]
In memos to their staffs, acting Comptroller of the Currency Brian Brooks and Consumer Financial Protection Bureau Director Kathy Kraninger denounced the violence perpetrated by President Trump's supporters and said both agencies remain in operation. The post CFPB, OCC leaders condemn Capitol riot first appeared on FIXnotes. [...]
Rocket Mortgage became the first lender to use eNotes when it closed a Ginnie Mae-backed loan in December. Now, it says the market is set to see widespread eClosings of Ginnie Mae loans by the end of this year. The post Rocket Mortgage performs first eNote close on Ginnie Mae mortgage appeared first on HousingWire. The post Rocket Mortgage performs first eNote close on Ginnie Mae mortgage first appeared on FIXnotes. [...]
Georgia's election results will impact struggling homeowners and rental property investors alike, political and housing-economics pundits predict. "With Democrats securing a majority in the Senate, a number of relief measures targeted at renters strug... The post What a Democratic Senate Could Mean for Property Owners first appeared on FIXnotes. [...]
For the second consecutive month, Fannie Mae’s Home Purchase Sentiment Index dropped six points in December to 74, its lowest since May 2020. The post Consumer confidence drops for second consecutive month appeared first on HousingWire. The post Consumer confidence drops for second consecutive month first appeared on FIXnotes. [...]
A taskforce established by the Consumer Financial Protection Bureau to examine the existing legal and regulatory environment facing consumers and financial services providers released its recommendations this week – a move that prompted conflicting reactions from the housing industry and consumer groups. The post Housing industry, consumer groups clash on CFPB taskforce results appeared first on HousingWire. The post Housing industry, consumer groups clash on CFPB taskforce results first appeared on FIXnotes. [...]
Less populous areas and counties located in the Midwest and South are more likely to have more affordable homebuying than renting options, according to a report from Attom Data Solutions. The post It’s cheaper to own a home than rent in 63% of markets first appeared on FIXnotes. [...]
PDF DOWNLOAD
Show your support with a $500 contribution!
Get a PDF download to print or read on all your devices.