How does note brokering work in practice?

When the broker receives a response from a motivated note seller, he submits a quote request to a note buyer along with pertinent information about the note (terms, collateral, unpaid principal balance, asking price, etc.). If the buyer elects to quote and the offer is accepted by the seller, the deal closes and the broker earns a fee.

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About working with funders and learning as you go

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The financial calculator made easy

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What is a Note Owner’s Manual and how it can change your financial life

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