Delinquency Dollars

A Loan Officer's Guide to Beating Foreclosure


Delinquent loans provide a unique opportunity to make a dramatic difference in your borrower's life and earn more commissions. But most loan officers don't know enough about the foreclosure process to be able to help delinquent borrowers.

Martin Goodman, the founder of Residential Capital, wrote Delinquency Dollars to help loan officers to understand the foreclosure process in detail, from the inside out. So, they can be the champions and angels for their borrowers and successfully get them out of their difficult financial situation.

This book covers all aspects of foreclosure including the basics of non-judicial foreclosures, important lending terms and concepts, why hard money loans are expensive, how to prepare a loan package and process a hard money loan, an overview of bankruptcy, and licensing requirements.

Processing a loan for a delinquent borrower is challenging, but if done right, it can be the most rewarding loan you have ever written.

Delinquency Dollars is available online for just $11.95 at: