Fannie Mae Sheds 3,400 Delinquent Loans in NPL Sale

Fannie Mae Sheds 3,400 Delinquent Loans in NPL Sale

After nearly a month of marketing, Fannie Mae, in conjunction with Wells Fargo Securities and The Williams Capital Group, has sold 3,418 loans with a cumulative unpaid principle balance (UPB) of $581 million in a continued effort to reduce the number of delinquent loans in its portfolio. This is the companies 10th nonperforming loan sale.

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U.S. Foreclosure Activity in April 2017 Drops to Lowest Level Since November 2005

U.S. Foreclosure Activity in April 2017 Drops to Lowest Level Since November 2005

IRVINE, Calif. – May 11, 2017 – ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its April 2017 U.S. Foreclosure Market data, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 77,049 U.S. properties in April, down 7 percent from the previous month and down 23 percent from a year ago to the lowest level since November 2005.

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Note Camp 3.0 - Dealflow and Systems - Saturday 11:45am

Note Camp 3.0 - Dealflow and Systems - Saturday 11:45am

For all of those tuning in to Scott Carson's Note Camp 3.0, my presentation has been bumped up a day. I'll be speaking on Saturday at 11:45 am. I'll be going over the systems I use to pump out blogs to touch thousands of people per day. I'll also be going over Pipedrive, my CRM of choice to kill that squirrel and stay on top of my deals, but for purchasing and working them out.

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Came Back From Mastermind And Felt Like A Rockstar

Scott Carson's
Note Mastermind

April 7-9 2017
 

Another great Mastermind wrapped up. I really needed a day to rest, but I was rocking and rolling on Monday. What's that saying? I'll sleep when I'm dead. We had a great time and learned a few more tidbits. I came home with two awards. Rookie of the Year, which I shared with a couple of other rookies. I think we all finished with about the same amount of notes purchased for the year. I believe between the three of us we purchased close to 80 notes. I was also awarded the Social Media Superstar Award for my presence on social media.