http://www.realestatenoteauctions.com a current listing of real estate mortgage note auctions Sat, 11 Dec 2010 01:38:16 +0000 http://backend.userland.com/rss092 en As you all know, people who invest in mortgage notes use special servicers to help manage the loan. As the Wall Street Journal reports, many of these servicers are blazing new trails as the pace of foreclosures picks up: The firms, known as special servicers, are dealing with an influx of ... http://www.realestatenoteauctions.com/2010/12/wsj-report-special-servicers-getting-creative/ Non-performing loan investors are gearing up for a buying frenzy, according to a recent article from HousingWire: "From November 1, we've seen a resurgence of scratch-and-dent loans hitting the market," said Dario. "It could be loan owners clearing balance sheet, maybe it's robo-signing resolutions — none of the sellers ... http://www.realestatenoteauctions.com/2010/11/investors-ready-to-pounce-on-non-performing-loans/ Ever since the financial markets collapsed back in 2008, the residential mortgage securities market, once a main provider of capitol for the nation's financial institutions, has laid dormant. While there are many reasons for this, including tentative investors wary of wading back into mortgage securities, a recent article from Reuters ... http://www.realestatenoteauctions.com/2010/11/when-will-the-residential-mortgage-securities-market-pick-up/ This week, CoStar reporter Mark Heschmeyer wrote an interesting article aimed at tackling the question, has the CMBS market finally turned the recessionary corner? Heschmeyer wrote that recent trends "are being viewed as a positive indicator for 2011, when the volume of new deals is projected to more than ... http://www.realestatenoteauctions.com/2010/11/costar-asks-has-the-cmbs-market-finally-turned-a-corner/ An article from CoStar today asked the question, "Has the CMBS market finally turned the recessionary corner?" The author notes several optimistic trends as we approach 2011, "when the volume of new deals is projected to more than double from this year." The best news of the bunch? The decline in CMBS ... http://www.realestatenoteauctions.com/2010/11/costar-report-shines-optimistic-light-on-cmbs/ Exciting news! LFC's Vice President Shawn Miller has been chosen to speak at the upcoming "Best Practices in Short Sales and REO" conference in San Diego next month. Shawn will be part of a panel titled "Overcoming the Biggest Challenges in REO Today." Click here to see ... http://www.realestatenoteauctions.com/2010/10/lfc-vp-to-speak-at-upcoming-short-sales-and-reo-conference/ There was an interesting article in the Wall Street Journal this week that tried to answer the pressing question, where is the impending wave of foreclosures? The author provides several explanations for the lack of an REO wave: Some delinquent loans have “cured,” either naturally or through loan modifications. Even ... http://www.realestatenoteauctions.com/2010/09/wsj-asks-good-question-where%e2%80%99s-the-foreclosure-flood/ Now that you know about some of the different classifications of mortgage notes, let's take a closer look at performing notes. A performing note is current, meaning the borrower has made all of their monthly payments on time. These types of notes are arguably the easiest to deal with; the note ... http://www.realestatenoteauctions.com/2010/03/note-investing-101-performing-notes/ Now that we've explained what a mortgage note is and went over the various reasons to invest in notes, let's dive into the meat of note investing. Mortgage notes are classified by their recent pay history. There are several different classifications of mortgage notes on BigBidder.com. Performing: A performing note is a ... http://www.realestatenoteauctions.com/2010/01/note-investing-101-different-classifications-of-mortgage-notes/ Check out these new BigBidder.com auctions for notes backed by some beautiful homes throughout Georgia. Auction #230-1-9 Classification: Non-performing Loan Type: ARM Total Loan Amount: $477,570 Lien Position: First Interest Rate: 7.4% Minimum Bid: 73.29% Bid Deadline: January 21, 2010 Auction #230-1-6 Classification: Non-performing Loan Type: Fixed Total Loan Amount: $328,903 Lien Position: First Interest Rate: 5.4% Minimum Bid: 54.73% Bid Deadline: January 21, 2010 Auction #230-1-8 Classification: ... http://www.realestatenoteauctions.com/2010/01/new-auctions-for-georgia-notes/