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
Foreclosure Activity Increases 9 Percent in First Quarter of 2021; Foreclosure Starts Increase 3 Percent From Last Quarter; Average Foreclosure Timeline Increases 38 Percent From Last Year IRVINE, Calif. – April 15, 2021 — ATTOM Data Solutions, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), today released its Q1 2021 U.S. Foreclosure Market […] The post U.S. Foreclosure Activity Continues to Increase Despite Government Moratorium appeared first on ATTOM. The post U.S. Foreclosure Activity Continues to Increase Despite Government Moratorium first appeared on FIXnotes. [...]
According to CoreLogic, for the month of January, 5.6% of all mortgages in the U.S. were in some stage of delinquency (defined as 30 days or more past due, including those in foreclosure), a 2.1-percentage point increase year-over-year. Nationally, the... The post Delinquencies at Lowest Levels Since Pandemic Start first appeared on FIXnotes. [...]
dsnews.com - By adopting a new version of the Home Affordable Refinance Program (HARP), Urban Institute authors feel they may have an answer to preventing mortgage defaults. The post Curing Defaults Through Streamlined Refis first appeared on FIXnotes. [...]
The share of mortgages in forbearance dropped for a sixth straight week, showing one of the largest decreases in the rate since the pandemic began. The post Economic recovery sends mortgage forbearance level plummeting first appeared on FIXnotes. [...]
Posted To: MND NewsWireBoth Fannie Mae and Freddie Mac (the GSEs) have released information to their lenders confirming that any loans they purchase after July 1, 2021 must conform to the agreement made on their behalf in January by the Federal Housing... The post Fannie/Freddie Announce End Dates for QM Rules first appeared on FIXnotes. [...]
Jerome Powell points to a key unknown that could send recovery into a tailspin The post Fed chair sees major risk to recovery first appeared on FIXnotes. [...]
Economists show that anecdotal stories are borne out by data, point to unique insights The post Fannie Mae has just quantified a key housing market trend first appeared on FIXnotes. [...]
"Unprecedented" demand for housing in 2020 "will probably decline over the year," says new report The post Normal levels of home-price growth expected this year – report first appeared on FIXnotes. [...]
wp.fxempire.com - Mortgage rates fall for the first time in 9-weeks. Rising house prices and low inventories continued to limit buying activity, however The post U.S Mortgage Rates Fall for the First Time in 9-Weeks first appeared on FIXnotes. [...]
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