The Preforeclosure Daily Grind » Blog Archive » Why Foreclosing Lenders Charge Off Bad Debt and Where That Debt is Sent!

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Why Foreclosing Lenders Charge Off Bad Debt and Where That Debt is Sent!

Posted by Bob Lachance in Preforeclosure, Short Sales on 04 15th, 2009 | one response

This week’s PreForeclosure Daily Grind video will give you some great inside information on why and how banks access and calculate what they are willing to take in their pockets in order to accept a short sale. This video is focused around the 2nd lien position and we got this info from a Recovery Departments Supervisor. Also, we announce our ManageMyShortSale.com Newsletter and our 5 part webinar series for our ManagemyShortSale.com students.

One Response to “Why Foreclosing Lenders Charge Off Bad Debt and Where That Debt is Sent!”

Lance Perschau says:

June 25, 2009 at 7:54 am

Great job guys. Very informative site. I have learned so much about the ins and outs of real estate transactions and I am always looking forward to your next segment.
Keep up the great work!!
Great BU game!!!!!

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