Sentences with phrase «distressed mortgages»

We are primarily focused on investing in distressed mortgage loans available for acquisition from financial institutions and engaging in correspondent lending.
We need serious loan modification for underwater and distressed mortgages on primary residences.
The question remains as to what the timing will be and how swiftly banks will be required to act to get distressed mortgages off of their balance sheets.
The assets comprise distressed mortgages and other types of debt.
American Home Preservation (AHP), a company that purchases distressed mortgages and then enables smaller investors to invest in the assets, has appointed a new CEO as long time founder Jorge Newbery become Chairman of the firm.
Kent, I have been focusing on distressed mortgages for a few years and wanted to expand to wholesaling & rehabbing after my relocation to DFW end of last year.
More wasted millions, just read that NY is now buying distressed mortgages.
Thus far, we've got a strong rally off the recent trough, with uninspiring sponsorship but good breadth, reasonable but not strikingly attractive valuations, and an overhang of increasingly distressed mortgage and non-residential debt that looks like Armageddon Part II in the offing, because we are doing nothing to restructure it.
As part of the revised provisions of the Home Affordable Modification Program (HAMP), plans are being made to permit FHA to refinance distressed mortgage loans for less than the current mortgage balances.
DRI strives to keep families in their homes by purchasing pools of distressed mortgages at deep discounts and restructuring their mortgages to affordable levels.
Discounts are not amortized (although people have bought this to amortize discounts of distressed mortgage portfolios using the constant yield method.
I have done this with my self directed ira to invest in distressed mortgage notes.
I find if I am consistently mailing once per week over a month period to «distressed mortgage situations» it yields higher responses than monthly mailings.
At Blackrock, he developed the «reality - based» loan - level approach to valuation of structured securities transactions, was instrumental in establishing BlackRock Mortgage Investors and setting up the BlackRock distressed mortgage fund, PennyMAC.
Starwood Waypoint is backed by Barry Sternlicht's Starwood Capital Group, a $ 44 billion real estate investment firm, while Colony American Homes is affiliated with billionaire Tom Barrack's Colony Capital Inc., whose assets range from distressed mortgages to Michael Jackson's Neverland estate.
A controversial proposal that would allow local government officials to use the authority of eminent domain to condemn distressed mortgages...
Prior to joining Cerberus he served as a managing director of Nomura Securities from 2009 until October 2012, where he specialized in the sourcing and distribution of distressed mortgage assets and organized a securitized mortgage distribution team.
PIMCO's alternatives offerings span a global range of hedge fund and opportunistic / distressed strategies, including global macro, credit relative value, multi-asset volatility, and distressed mortgage, real estate and corporate credit opportunities.
-- Buys pools of non-performing residential mortgages and works with the borrower to address the cause of their distress
In 2007, as the numbers of distressed mortgages was mounting, Congress put a temporary policy in place to exclude forgiven home mortgage debt from any tax obligation.
Donna Bauer, nationally known as The Original NoteBuyer ®, is one of the nation's most recognized subject matter experts on Discounted Notes, Seller Financing, and Distressed Mortgages.
• The challenges in the far - spanning Cincinnati housing market have been more severe than those in most areas of the nation, as a high percentage of distressed mortgages and many severely underwater mortgages contribute to continued fragility.
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