info on defaulted notes

Can anyone give me the name of a good book or a source of information about buying defaulted notes?

With the fact that the majority of all loans are being sold on Wall Street, note buying and selling is becoming a lost art. It’s very difficult to buy a note from a conventional servicing company unless you are buying in packages of millions or if you are buying it from a secondary, third, etc. position.

If you are interested in buying notes ranging from 10 to 200 thousand dollars. I recommend you look into the private note market. It’s an easy market to get into. I apologize for not being able to suggest any good books to you.

Rich Meyer.