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Updated almost 8 years ago,
$40mil ABCP on the line - going to REIT's & Int'l investors soon
We have secured an offer to purchase a package of $40mil worth of ABCP + a consistent future flow to buy up non-performing commercial loans (not cherry picked, but definitely audited). Currently knocking on all known investor doors, both nationally&internationally, for $1.5 ($750k for the paper and $750k for our team to process and recover). There is always a lot of concern surrounding new regulatory agencies, but I've only seen big changes in residential and consumer debt, so here's the question:
What all have you seen/heard/been told in regards to changes controlling the recovery of commercial assets?