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Bank Direct Asset Purchase
The Focus Group works
directly with numerous banks/financial institutions who wish to sell
performing, sub-performing and non-performing loans. This may be in
the form of singular loans or larger pools of assets.
A substantial number of financial institutions are under pressure to
rid themselves of assets to bring their internal ratios into
compliance with FDIC regulations, as well as clear their books of
“toxic” assets. Momentum of these sales has been slow to develop but
holders of these assets are becoming much more willing to do so as
they are able, or required, to write down and reclassify these loans.
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