ForeclosureDefenseLead.com aggregates the two strongest data sets in the marketplace for the foreclosure defense industry. Much has recently changed with the government targeting businesses that were selling credit bureau data. Until recently, loan modification and foreclosure defense firms could easily pick up mortgage data based with high loan to value ratios and late payments. The landscape has indeed changed. For those that continue to offer and work with this non-compliant data, there is tremendous risk. So what should loan modification and foreclosure defense firms do for their telemarketing and direct mail data needs?
The first appropriate data available to the foreclosure defense industry is the notice of default data also known as NOD data. When delinquent mortgage payments stack up at 90 days or beyond, the mortgage companies work through the courts to enforce the terms of the mortgage and seek to begin the foreclosure process. Notice of default is recorded down at the county and is a matter of public record. Unlike credit bureau data, which is only supposed to be used in marketing and sales where fair offer of credit is being made, NOD data is compliant. Firms that are working with this data have filtering options that include the date that the Notice of Default was filed. We work through court abstractors to obtain the most accurate and up to date Notice Of Default records in the industry, on a national level. We are obtaining fresh batches of NOD data on a weekly basis that is available to the foreclosure defense industry. The public record notice of default data is used in both telemarketing and direct mail campaigns.
The second foreclosure defense data that we offer is the Notice of Trustee Sale Data. This data set represents a home owner that is dangerously close to having their home sold out from under them. We see foreclosure defense, foreclosure prevention, bankruptcy, and eviction delay firms work this data. Because the notice of trustee sale represents the date that a home is set to be foreclosed on and sold at auction, filtering for trustee sale dates that are further out is standard practice. Just as is the case with the Notice of Default Data, we are getting fresh batches of Notice of Trustee Sale Data in weekly. As a matter of public record, notice of trustee sale data is being used in telemarketing and direct mail campaigns on a national basis by foreclosure defense firms.
These two foreclosure defense data sets represent the best alternatives to credit bureau data which was prevalent until very recently. Filter options include: city, state, loan amount, notice of default date and notice of trustee sale date.
