Question For Finding Leads.
Let me preface this post, I'm a newbie.
I have a great relationship with the President of my credit union. Are there any advantages I can use with this relationship? (i.e finding out loans that are in default) that are above the board and legal?
I am trying to be creative in finding leads and just thought I would throw that out there. Any suggestions will be appreciated.
Thanks 
You need to speak with the President of your Credit Union and find out what he/she might be able to do. You are not likely to get information without permission of the borrower. Your President will likely need to contact the borrower for permission to have you make contact. If I were to make a bet, he/she will not be comfortable with this. That being said, it never hurts to ask.
Thanks for the reply Ed. That's kind of what I thought. Just trying to think "outside the box" and thought that it wouldn't hurt to ask.
If the credit union does mortgages, then you can still do some deals through the bank. You might want to ask the president about their bank REOs, instead of foreclosure listings. A bank REO (real-estate owned) is property the bank acquires after it has gone through the foreclosure auction without any bids or not high enough of a bid. Bank REOs are usually listed with realtors until they are sold, which sometimes can take over year. You should be able to get some good deals from their REO department.
Tanya