We focus primarily on nonperforming 2nd liens on owner occupied properties nationwide. We work with the borrower to get the notes performing whenever possible, and plan to resell them after 12-24 months as re-performing assets. We look to purchase assets at below 40% of the UPB.
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Investment Criteria
$100000$1000000
Locations
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTWAWIWVWYAssets Types
Description
We focus primarily on nonperforming 2nd liens on owner occupied properties nationwide. We work with the borrower to get the notes performing whenever possible, and plan to resell them after 12-24 months as re-performing assets. We look to purchase assets at below 40% of the UPB.
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Description
We focus primarily on nonperforming 2nd liens on owner occupied properties nationwide. We work with the borrower to get the notes performing whenever possible, and plan to resell them after 12-24 months as re-performing assets. We look to purchase assets at below 40% of the UPB.
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