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10 Easy Steps to Being a Mortgage Servicer

Posted by CM on October 29, 2009


10 Easy Steps to Being a Mortgage Servicer
with a Money Back Guarantee

  1. Become a Business
  2. Open a Line of Credit
  3. Pay $1 Million for 1,000 Loans Worth $100 Million
  4. Use your line of credit to ADVANCE each payment to the investors
  5. Accept monthly payments from the borrowers
  6. Repay your advances with borrowers’ monthly payments
  7. Make Money
  8. Pretend to help customers while you delay reporting defaults
  9. When you finally have to report a default, Foreclose….FAST
  10. Lastly, above all else, play by the CRAs’ Rules so your rating remains high

For more information and details about items 1-10 on being a mortgage servicer, click here

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One Response to “10 Easy Steps to Being a Mortgage Servicer”

  1. Having read this I believed it was really enlightening.
    I appreciate you spending some time and effort to put this article
    together. I once again find myself spending way too much time both reading and posting
    comments. But so what, it was still worthwhile!

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