Glass towers rising into fog, seen from below
What We Buy

We buy defaulted loans. $10 million and above.

Principal capital for banks, servicers, insurers, and funds. We bid at the top of the market, and your tape is never shopped.

Mandate

What we buy.

Maturity defaults are our specialty — and we price to win the tape. Clean first liens, bid at the top of the market.

  • 01 Maturity defaults — loans past their balloon or term date
  • 02 Payment defaults
  • 03 Non-performing and sub-performing loans
  • 04 First-lien residential and commercial notes
  • 05 Judgments and charged-off portfolios
  • 06 REO tails
Counterparties

Who we work with.

Banks
Credit unions
Insurance companies
Special servicers
Private funds
Agencies

Every conversation begins and ends in confidence.

Process

Tape to wire, on a calendar.

NDA

Executed same day. Your portfolio is never shopped.

Data tape

Secure transfer and immediate analysis by our underwriting team.

Indicative bid

Top-of-market pricing delivered within 48 to 72 hours of tape receipt.

Diligence

A defined scope on a defined calendar — typically two to three weeks.

Close

MLPA execution, custodial delivery, and wire on the scheduled date.

Our Commitments

We do not re-trade.

The bid you accept is the price that wires. Diligence confirms; it does not renegotiate.

We do not shop your tape.

Your data stays inside our underwriting team, under NDA, without exception.

Proof of funds, on request.

Principal capital, verifiable before you commit a single document.

Engage

Selling a portfolio?

Send a high-level summary — asset class, UPB, and geography. We will respond within two business days.

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