fciLogoTransBg
Register Free
Log In

Seller asking: $402,977.54 (73.94% of UPB)
Pricing may vary over time and is subject to Seller Approval
 

General Note Information
Product ID
0041152
Lien Position
2nd Mortgage/Deed of Trust
Note Status
Non Performing
Bankruptcy
Note Type
Conventional
# of Payments Last 12 Months
11
Paid To
11/01/2016
Loan Maturity
05/01/2037
Property Type
Single Family Res
Original Balance
$284,000.00
Principal Balance
$545,006.14
Est. Market Value
$1,281,225.00
Payment Amount
$7,294.09
Note Rate
11.365%
Sold Rate
11.365%
Detailed Note Information below
Actions
Order BPO
Order Title
Search
Pay History
Area
Foreclosures
Sample Purchase
Agreement
Zillow.com
Similar Listings
Prod. ID: 0030245
2nd Mortgage
UPB: $214,599.88
Note Rate: 9.000%
SANTA CRUZ, CA
Prod. ID: 0040799
2nd Mortgage
UPB: $181,193.52
Note Rate: 8.000%
SAN DIEGO, CA
Prod. ID: 0040893
2nd Mortgage
UPB: $108,552.41
Note Rate: 6.000%
POWAY, CA
Prod. ID: 0040890
2nd Mortgage
UPB: $176,181.98
Note Rate: 5.250%
TEMPLE CITY, CA
Prod. ID: 0041040
2nd Mortgage
UPB: $167,476.02
Note Rate: 6.250%
ANAHEIM, CA
Prod. ID: 0040829
2nd Mortgage
UPB: $109,802.15
Note Rate: 8.250%
DELHI, CA
Prod. ID: 0040871
2nd Mortgage
UPB: $11,000.00
Note Rate: 0.000%
BEAUMONT, CA
Prod. ID: 0040885
2nd Mortgage
UPB: $65,499.58
Note Rate: 7.250%
LAKEWOOD, CA
Prod. ID: 0041028
2nd Mortgage
UPB: $47,107.91
Note Rate: 9.375%
SAN MARCO, CA
Prod. ID: 0041134
2nd Mortgage
UPB: $18,409.45
Note Rate: 5.000%
GARDEN GROVE, CA
Prod. ID: 0041146
2nd Mortgage
UPB: $94,312.81
Note Rate: 5.500%
WHITTIER, CA
Prod. ID: 0029938
2nd Mortgage
UPB: $34,619.78
Note Rate: 7.750%
Sacramento, CA


Detailed Note Information
  • Note Terms
  • Note Dates
  • Senior Lien
  • Bankruptcy
Lien Position: 2nd Mortgage/Deed of Trust Amortization Type: Fully Amortized Loan Type: Conventional
Original Balance: $284,000.00 Current Balance: $545,006.14 PI: $7,294.09
Total Payment: $7,294.09 Note Rate: 11.365% Sold Rate: 11.365%
Total in Trust: 0 Unpaid Interest: $0.00
Late Charges is:
5.00% after 10 days
Unpaid Charges: $0.00 Prepayment Penalty: No Rate Type: Fixed Rate
Balloon Payment: No Loan Terms Modified: No Registered w/MERS: No
On Forbearance Plan: No In Foreclosure: No In Bankruptcy: Yes



Seller Comments:
Borrower is in active Chapter 11 Bankruptcy. Pre-Petition arrears of $270,653.03 is to be paid through the bankruptcy trustee. Post-Petition balance of $274,353.11 is to paid through the modified terms. Monthly Payment will change to $2,783.21 on 1/1/2021.
Origination Date: 04/18/2007
First Payment Date: 06/01/2007
Paid to Date: 11/01/2016
Next Due Date: 12/01/2016
Maturity Date: 05/01/2037
Last Payment Received: 02/27/2017
# of Payments Last 12: 11
Note Payment Amount: $0.00
Tax Portion: $0.00
Insurance Portion: $0.00
Trust Balance: $0.00
1st Trust

Lien Position: 1st Trust Deed/Mortgage Principal Balance: $ 600,265.73
Monthly Payment: $ 3,261.80 Modified: No
Current: No Information as of: 09/07/2016


2nd Trust

Lien Position: 2nd Trust Deed/Mortgage Principal Balance: $ 0.00
Monthly Payment: $ 0.00 Modified: Unknown
Current: Unknown Information as of: - - -
BK Discharge Date: - - -
BK Chapter: Chapter 11: Reorganization
BK Dismissal Date: - - -
BK Filing Date: 12/18/2015
Date Opened: - - -
Schedule Sale Date: - - -
Draw Period Start Date: - - -
Repayment Period Start Date: - - -
Current Index Name:
Margin: - - - %
Ceiling: - - - %
Floor: - - - %
Next Adjustment:
Adjustment Frequency: 0   Months

Properties


Please Register Free or Log In to view Loan Details.

If you have any questions or concerns please contact FCI EXCHANGE at admin@fciexchange.com or call (800)931-2424 x750

Use of this Web site constitutes acceptance of FCI EXCHANGE Terms of Use for Trading on This Site and the Website Usage Terms & Conditions
8190 E. Kaiser Blvd, Anaheim Hills, CA 92808 | Phone (800) 931-2424 | BRE # 01022780
Copyright 2010 FCI EXCHANGE, INC. All Rights Reserved.