Decision Tree Junior Liens

This is a decision tree that covers 90% or so of possible outcomes/scenarios with non-performing junior liens behind performing seniors.

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Decision Tree Junior Liens by Mind Map: Decision Tree Junior Liens

1. Note Purchased and Boarded

1.1. Demand Letter Sent

1.1.1. Borrower Makes Contact Within 2 Week Window Yes Willing to Pay Off in Full? No Begin Foreclosure Additional Scenarios at Any Stage Borrower Files BK (Discontinue Direct Borrower Contact and Go Through Attorney*) Senior Goes into Default