EP31: Loss Mitigation Strategies for Your Note Business

Purchasing a note is just the start of the journey most times. If in the case you need to do a workout strategy with the borrower, you will need some sort of loss mitigation process along the way. 

On this episode of the Paperstac Podcast, Rick Allen breaks down his process of how he best handles all aspects of a workout strategy. 

Whether you're doing a Deed in Lieu of Foreclosure or you are planning on having to head into foreclosure you need to have systems in place. These are the tried and true practices that Rick Allen has done in his note business.

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