By Noteworthy on Jan 11, 2011

Attention Note Investors:

You’ve seen the headlines about homeowners successfully challenging lenders or servicers attempting to foreclose without proper documentation. The lesson here for note investors is that borrowers and their attorneys are getting better at playing the game of real estate.

But “Foreclosure-Gate” isn’t the real story here…

The real story is that borrowers and even GSEs are starting to think like note investors and real estate entrepreneurs, and this shift will affect how we do business…

How so? [Read more...]