|
Foreclosure Forum |
|
|
Re: Any tips on finding an assignment of commercial mortgage from a failed bank?In Reply to: Any tips on finding an assignment of commercial mortgage from a failed bank? posted by Ellis on May 17, 2010 at 9:26 PM Hey Ellis - Try posting on Creonline.com's cash flow forum and maybe you can get some help from David Butler or Mike Morongiello, who both work a lot of commercial paper. Also, Noteworthy.com has some of the same kind of noteheads around. Dean Engle from notebuyingprofits.com (who spoke at Ward's 2009 reunion) might know a contact or two. If you still get nowhere, contact me offline and I'll talk to my banker, whose Dad I've met and is a retired FDIC exec. Think the assignment could have been recorded in error? Not recorded? New owner screw up due to the error of a 23 year-old gum-snapping, chain-smoking clerk in the closing dept? Would you prefer to buy the loan for a song or sing hallelueah if the debt's been cancelled?
Follow Ups: Post a Followup:
|
Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.
Copyright © 1997-date("Y"), InnoVest Resource Management
http://www.foreclosureforum.com
InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455