Only 2 weeks until the 2020 Virtual Paper Source Note Symposium!
Hi ,
The nationwide eviction moratorium preventing landlords from evicting renters that meet specific criteria through the end of the year is causing concern among property owners. The reason? Because while the rule may temporarily assist struggling renters, it fails to help landlords who must still make their mortgage payments and meet other financial obligations on the properties they own. The National
Association of REALTORS®, along with other housing leaders, have voiced concern about the moratorium.
Read more in our Note & Real Estate News section below.
For The First Time In 30 Years, We Are Bringing The Note Symposium To You
Whether you’re a newbie or pro, investor, broker or both, this symposium will give you great new ideas. The Paper Source has been teaching note investors since 1987.
• LEARN to buy and/or broker cash flows you never knew existed.
• CREATE multiple streams of income and new profit center.
• NETWORK on the members-only private group.
This incredible event will take place online October 1-3, 2020. Registration is only $97 and includes non-expiring access to the speakers' videos and MP3s. Don't delay - register today!
Cheers, 𝐵𝒾𝓁𝓁
W. J. Mencarow
President, The Paper Source, Inc.
P.S. If you are a beginner or want a refresher before the Note Symposium, I highly recommend Jeff Armstrong's Notes 101 video course. CLICK HERE for information.
While the rule may temporarily assist struggling renters, it fails to help landlords who must still make their payments and obligations on properties, real estate professionals say. The National Association of REALTORS®, along with other housing leaders, have voiced concern about the moratorium.
Mortgage rates have plunged nearly 80 basis points since the beginning of the year, which translates to a decrease in monthly mortgage payments of $120 for the typical American, NAR reports.
Democrat presidential candidate Joe Biden is touting Wall Street’s support for his $640 billion housing plan that would force low-income, multi-family housing developments into America’s suburban communities.
In May, 7.3% of mortgages were at least 30 days late, according to CoreLogic. The cause? Reverberations of the recession on loan performance.
CoreLogic’s latest Loan Performance Insights Report reveals that, compared to the same point last year, that 7.3% represents an increase of 3.7% in the overall delinquency rate.
