Who says bad can’t be good?

Who Says Bad Can’t Be Good When Note Buying? 

NNG Targets Non­Performing Residential Mortgage Notes for Cash Flow. 

As most of us know, growth comes with responsibility. Unlike the Barbie and Ken dolls most children played with, our dream houses come with a cost and they can vary in expense. In addition to the primary mortgage loan, many homeowners take out an additional mortgage on their property, at which point money management can become tricky. Does it have to be this way though? Absolutely not. Our company National Note Group (NNG) believes the right strategies can help homeowners by providing creative financial solutions to avoid foreclosure, while transforming these non­performing mortgage notes into secured cash flow for companies and performing note buyers as well as. As a company, we acquire, manage, and liquidate defaulted residential mortgages. Different from most banks, we neither lend money nor originate 
mortgages. NNG buys mortgages, secured by real property, at discounted purchase prices and either sells these to note buyers or keeps them in the company portfolio. 

As a note holder, you are responsible for managing the mortgage notes and collecting mortgage payments from homeowners. Homeowners do not always pay, however, and that can result in non­performing mortgages notes. Nonperforming mortgage notes result from owner’s failure to make payments for 90 days or more on their mortgage loans. This is oftentimes referred to as “bad paper,” which in this real estate market is fairly common and very inexpensive. Our specialty lies in these non­performing mortgage notes! NNG’s deal execution is focused on borrowers and helping them. 

Our business model is to purchase banks’ bad asset, contact the homeowner and conduct research on their financial history and find out what led to these hardships. Finally, we modify the payment plan so they can successfully make their payments. Because NNG is able to acquire mortgage notes at a discount, we are able to negotiate beneficial terms with the homeowners, allowing them to stay in their homes. So I’ll ask you again, still think non­performing mortgages aren’t worth investing in?