Delinquency Dollars

About the Book

Most loan officers want to earn more commissions. Delinquent loans provide a unique way to make a dramatic difference in your client's life and earn more.

At least 25 percent of the homeowners that I've spoken to who have lost their home in foreclosure told me, "The loan officer is taking care of it." Their home was lost because the loan officer knew how to process a regular loan, but had no idea how to navigate through the murky depths of foreclosure.

This book helps 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 help them obtain the best loan for their situation.

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

Martin Goodman, Founder
Residential Capital, L.P.

About the Author

Martin I. Goodman was born and raised in Cleveland, Ohio, and moved to San Diego, California, in 1986, where he now resides. Martin has over fifteen years experience as a business entrepreneur including direct sales, marketing, and systems development. He is founder of Residential Capital, LP (ResCapLender.com), Residential Capital Mortgage Income Fund (ResCapFunds.com). Prior to originating loans, Martin brokered real estate loans, and also purchased and resold more than 500 residential properties for his various businesses.

He is a graduate of Miami University (Oxford, OH), where he graduated Magna Cum Laude in 1984 with a B.S. in Business, and he earned an MBA from the University of San Diego in 1997, graduating Valedictorian of his class. He holds a California Department of Real Estate Broker?s License, California Finance Lender Licenses (#603-9040, 603-9041, 603-9039, 603-9952), and California Department of Corporations Securities Permit (#309-3236).

He is an active member of several organizations, including the California Mortgage Association, the California Association of Mortgage Brokers, the California Association of Realtors, and the Mortgage Bankers Association.

Martin is an active philanthropist and founded the non-profit ?Residential Capital Foundation? which supports youth and families in need.