IMN NPL Mortgage Notes Series – The Economy & NPL Market
NPL stands for non-performing loans which close to default loan. Let’s discuss this topic briefly
Cody Faller had the pleasure of being interviewed by Louis Amaya with Capital Markets Today at the IMN NPL Mortgage Notes Forum in February 2019.
According to the latest data report from the S&P/Experian Consumer Credit Default Indices, the First mortgage default rate rose from November to December in 2018. In addition to raising default rates, the housing sector is pressured by rising prices and higher mortgage rates. Sales of both new and existing homes are weakening.
Joining the podcast to discuss the changing economic environment and to provide color on the NPL market is Cody Faller, President of Faller Financial. Cody has worked with many of the most sophisticated real estate and note operators in the country. Since 2011, Cody has personally facilitated and/or purchased over $150 million in residential notes across roughly two hundred transactions under the Faller Financial brand.
Call 844-433-6683 or email email@example.com to sell your mortgage note or request a consultation at fallerfinancial.com/contact.