Non performing and distressed assets.
My name is Darren I am a loan acquisition specialist my company NotesOne has partnered with a company that purchases“distressed assets" Now Banks can bundle all of their non performing or “distressed assets" loans together into what is known as a “pool” and sell them off to investors. The definition for a “Non Performing” loan is a loan that has not been paid on for over 90 days, but has not yet been foreclosed on. To all BANKS AND BANKERS WE CAN HELP YOU GET THESE DISTRESSED ASSETS OFF YOUR BOOKS!
Non Performing loans are purchased with the goal of "working out" the loan with the home owner. This could mean possibly reducing the principle amount that is owed and also reducing the interest rate, So that the home owner will not, in most cases, be foreclosed on. I look for to working with you on this subject.