I recently participated in the bidding process on a pool of 180 non-performing second mortgages. It was a big hype because it was direct...

When I was in college, I took an economics course. While I only got a “C” in the class, one thing I did takeaway was the concept of...

In the world of distressed second mortgages, we use servicing companies for two main reasons. The first is for “insurance reasons” (I’ll...