MH Note Portfolio Valuation - Posted by DAuten

import · April 26, 2007, 12:10pm

Posted by Marc Faulkner on April 26, 2007 at 18:22:47:

If the pool has a larger outstanding balance then we like it if they are spread out. This allows us to spread out our risk while increasing our area of influence!
Live
Marc Faulkner

import · April 26, 2007, 12:10pm

Posted by DAuten on April 26, 2007 at 12:10:26:

Does it make a major difference if the MH notes are spread throughout the U.S.,
as opposed to being consolidated in one State or geographical area.

Thanks
David

import · April 26, 2007, 4:57pm

Re: MH Note Portfolio Valuation - Posted by Anne_ND

Posted by Anne_ND on April 26, 2007 at 16:57:09:

Hi David,

Your answer depends on the MH note buyer.

For me, the answer is that having the notes all co-located is worth a great deal. For a large buyer, the answer is perhaps “No”, but they may have other requirements, such as having the notes all written a certain way (title in the name of payor vs. title in the name of note-holder is just one example).

Anne