The Lane Guide offers a complete reference of all banks on a nationwide basis. With the Guide, you get instant access to main offices, loan departments, specialized departments and key staff personnel. All this information is available nationwide on an Internet subscription or CD-ROM.
I recommend a yearly subscription to the Lane Guide. An important aspect of becoming an investor in the distressed mortgage market is to constantly be looking for new loans to purchase as well as new resources to purchase them from. Part of this process is identifying which banks offer second mortgages and to find out what they do with their non-performing loans. This can be an arduous task, but one that is necessary in order to find good, quality loans to purchase.