Mortgage Assignments

[nsi]

Hello everyone this is my first thread and I want to talk about and ask questions about  Mortgage Assignments. The "BUZZ" I am hearing is that MA is a lucrative part or real estate investing today.

• Is MA is as lucrative now as it was in the 80's?
• My wonders, are they as easily doable today as they were almost 30 years ago?
• Are lenders making new provisions on how we should work with a no sell seller to a no credit house buyer?
• What is the paperwork needed to give to the lender?

I have a few million questions. I wonder if anyone here is working with MA and can show me how to work with MA?

[javipa]

I just slogged through a MA webinar yesterday thinking I was getting in on the cutting edge of something new.  Yawn. 

As far as I could tell, they just renamed "Subject To" as "MA."  "MA's" are glorified Sub2 deals (not that glorified).

Unless I missed something drastic, this is not "mortgage assignment" as it might sound on the surface.  It's a "Deed Assignment" subject to the existing loans.

I'm happy to be corrected, cuz that means I listened to a cruddy "MA" webinar last night.   

Otherwise, if the deed isn't transferred, but the payments are, it's called an "Option."

Jay

[mariest]

Hi Family. 
I am a wholesaler.
I am doing ads for mortgage assignments.
Will someone kindly email me with step-by-step
necessary paperwork?
I have many contracts just which to homeowner
and my end buyer _> and to closing agent?

Thanks,
Marie
Georgia/Carolina Wholesaler