We are a private investment group that purchases notes from lenders and then reissues newly restructured loans based on the current actual value of the home.

The program offers the following benefits:

A new mortgage with a principal balance based off what the home is actually worth. A new loan based on prime + 4.0% or 7.99%, whichever is greater.

 

The new fixed loan monthly payment is based on 30 year amortization schedule.

 

No reasonable qualification limit to the loan amount because the property is part of multiple loans being submitted to the same lender in a portfolio grouping.

 

Individual characteristics are not important to the lender and the homeowner reaps the benefit of having bulk leverage working in his favor without having to recalculate or re-issue the note.

Investors:

The person who has money sitting in a Bank Certificate of Deposit, a savings account or an IRA, earning little or no money, needs a safe and high interest return.

This is a passive, high yielding investment.

This is a make-sense program that yields a maximum return with a high level of safety.

This is secured by investment in real estate mortgage notes discounted below today's market value.

It  doesn't make sense for a bank or a self-interested, persona/-bonus orientated Investment Firm to use your capital without your knowledge or control.

How does it work?
In February of 2009, Tim Geithner, the chairman of the Treasury, set aside $50 billion dollars for banks to sell bad loans / non performing loans presently on their books to a private investment company.

Not all banks qualify, but most banks are eager to negotiate down the value of their non performing assets.

Once our group has bought the note from the bank, we own the servicing rights to the loan.

We can adjust it to a new mortgage that is written at the market current value.

To the extent that huge, interconnected, “too big to fail” institutions contributed to the crisis, those institutions are now even larger, in part because of the substantial subsidies provided by TARP and other bailout programs.

TARP was extended until October 3, 2010, thus permitting Treasury to maintain a war chest of potential rescue funding.