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Seller: Regional Finance Company
Asset Class: Auto
Remaining Balance: $109,716,775
Performance: Non-performing, deficiency balances
Number of Loans: 27,597
Listing Expiration: 8/11/2010
Please log-in to your account to find more information on the
above listing. If you are not yet a member of DebtMarket, we
invite you to sign-up.
Getting Started With DebtMarket, Wednesday 7/28 at 11:00 am PDT. Register here.
This demonstration will familiarize new members with the basics of using DebtMarket:
Buyers will learn how to:
Sellers will learn how to:
Please log-in to your account to find more information on the
below listings. If you are not yet a member of DebtMarket, we
invite you to sign-up – it’s easy and free.
SELLER: Regional Finance Company
Asset Class: Commercial Mortgage
Remaining Balance: $1,650,000
Performance: Performing
Number of Loans: 2
WAC: 14%
Listing Expiration: 8/02/10
SELLER: Regional Finance Company
Asset Class: Auto
Remaining Balance: $1,461,898
Performance: Charged-off
Number of Loans: 234
WAC: 15%
Listing Expiration: 7/26/10
SELLER: Nationwide Career College
Asset Class: Private Student Loans
Remaining Balance: $820,434
Performance: In Re-Payment
Number of Loans: 35
WAC 9%
Listing Expiration: 7/29/10
SELLER: Nationwide Career College
Asset Class: Private Student Loans
Remaining Balance: $764,090
Performance: In Re-Payment
Number of Loans: 34
WAC 9%
Listing Expiration: 7/22/10
SELLER: Regional Finance Company
Asset Class: Auto
Remaining Balance: $405,567
Performance: Performing
Number of Loans: 95
WAC: 17%
Listing Expiration: 7/16/10
SELLER: Nationwide Career College
Asset Class: Private Student Loans
Remaining Balance: $116,432
Performance: Charged-off
Number of Loans: 63
Listing Expiration: 10/10/10
SELLER: Nationwide Career College
Asset Class: Private Student Loans
Remaining Balance: $89,259
Performance: Charged-off
Number of Loans: 55
Listing Expiration: 10/10/10
SELLER: Regional Finance Company
Asset Class: Auto
Remaining Balance: $12,450
Performance: Performing
Number of Loans: 1
WAC: 11%
Listing Expiration: 7/23/10
Join us for a Webinar on July 14 at 11:00 AM PDT. Click here to register.
DebtMarket presents industry experts: Doug Henkel and Larry Chiavaro from 1st Associates to discuss recent changes and current challenges in loan servicing and how financial services organizations can improve portfolio performance in this dynamic environment. Topics include:
Register today for this complimentary webinar.
1st Associates, Inc. is a loan servicer partner of DebtMarket. 1st Associates is one of the nation’s premier consumer loan servicing firms with more than 20 years of experience. The company is 100% dedicated to loan servicing and does not lend or outsource for other functions, making them a cost-effective and smart alternative.
DebtMarket’s partner program brings together some of the industry’s best financial services vendors to provide buyers and sellers with quality resources for secondary market transactions. Partners include loan servicers, loan brokers, loan origination platforms, due diligence firms, CPAs and data analytics providers. If you are interested in learning more about the program or want to become a DebtMarket services partner, please contact Vanessa Towning at 866-559-4339 or vanessa [Email address: vanessa #AT# debtmarket.com - replace #AT# with @ ]
Read More.Getting Started With DebtMarket, Wednesday 7/21 at 11:00 am PDT: Register here.
This demonstration will familiarize new members with the basics of using DebtMarket:
Buyers will learn how to:
Sellers will learn how to:
SELLER: Bank Advisor
Asset Class: Auto
Remaining Balance: $1,464,898
Performance: Non-performing
Number of Loans: 234
WAC: 15%
Listing Expiration: 6/29/10
NEW SELLER: Advisor
Asset Class: Auto
Remaining Balance: $405,567
Performance: Performing
Number of Loans: 95
WAC: 17%
Listing Expiration: 7/16/10
NEW SELLER: Auto Dealer
Asset Class: Auto
Remaining Balance: $143,420
Performance: Performing
Number of Loans: 15
WAC: 28%Listing Expiration: 7/02/10
NEW SELLER: Auto Dealer
Asset Class: Auto
Remaining Balance: $80,568
Performance: Performing
Number of Loans: 22
WAC: 10%
Listing Expiration: 7/01/10
Please log-in to your account to find more information on the
above listings. If you are not yet a member of DebtMarket, we
invite you to sign-up – it’s easy and free.
NEW SELLER: Bank Advisor
Asset Class: Auto
Remaining Balance: $1,464,898
Performance: Non-performing
Number of Loans: 234
WAC: 15%
Listing Expiration: 6/29/10
NEW SELLER: Auto Dealer
Asset Class: Auto
Remaining Balance: $45,685
Performance: Performing
Number of Loans: 5
WAC: 28%
Listing Expiration: 6/20/10
Please log-in to your account to find more information on the
above listings. If you are not yet a member of DebtMarket, we
invite you to sign-up – it’s easy and free.
NEW SELLER: Educational Institution
Remaining Balance: $781,843
Asset Class: Private Student Loans
Performance: In Repayment
Number of Loans: 34
WAC: 9%
Listing Expiration: 7/1/2010
NEW SELLER: Regional Finance Company
Remaining Balance: $1,064,000
Asset Class: Auto
Performance: Performing
Number of Loans: 14
WAC: 10%
Listing Expiration: 6/09/10
NEW SELLER: National Finance Company
Remaining Balance: $14,686
Asset Class: Auto
Performance: Performing
Number of Loans: 3
WAC: 21%
Listing Expiration: 6/11/10
Please log-in to your account to find more information on
the above listings and to view all portfolios listed for sale.
If you are not yet a member of DebtMarket, we invite you
to sign-up – it’s easy and free!
NEW SELLER: Advisor for a Bank
Remaining Balance: $24,428,676
Asset Class: Commercial Mortgage
Performance: Performing and Non-performing
Number of Loans: 10
WAC: 6%
Avg. Original Term: 58 Months
Avg. Remaining Term: 27 months
Listing Expiration: 5/27/10
Please log-in to your account to find more information on the
above listing. If you are not yet a member of DebtMarket, we invite
you to sign-up – it’s easy and free!
Hot on the heels of the DebtMarket V2.6 release, we have made some additional improvements to the DebtMarket application including speed increases, larger loan capabilities for detailed listings and an updated Seller Survey. Just a few weeks ago we released our brand new listing process. We have received a lot of feedback from our members and in this release we have made some adjustments. We will continue to fine tune our listing process and as always, we appreciate the suggestions and feedback from our seller members. Below are a brief synopsis of two of the more important features of our V2.7 release.
Improved Transaction Process
DebtMarket is an end-to-end transaction management platform and we have had tremendous success bringing buyers and sellers together in our marketplace. However, we recognize that whole loan transactions benefit from a standard, efficient and clear due diligence, contract negotiation and funding process. DebtMarket is developing a more robust system that will focus on the post-marketplace transaction process . Our first step in this process starts with this V2.7 release. Now, our transaction management system starts immediately upon a Seller listing a portfolio. This feature improves a DebtMarket Seller’s ability to manage and track multiple portfolios in various transaction stages on DebtMarket. Sellers will notice a new column on the Active Listings screen indicating any ”NEXT STEPS” required to move any portfolio sale towards closing. This improvement is the first of many our user experience team will be implementing over the next 6 months. The image below displays this new column.
Updated Seller Survey
We’ve begun to improve our automatic reporting and with this release buyers will see enhancements to our automatically generated Seller Survey. Upon listing, Sellers fill out a standard questionnaire. DebtMarket collects this information and our reporting engine generates the seller survey providing potential buyers with a better understanding of their transaction counter-party. Transparency continues to be one of DebtMarket’s ultimate objectives and we will listen to our members suggestions and implement features and functionality that help us achieve our goal.
As always, if there are any ways we can improve your experience with DebtMarket or help you list a portfolio for sale, do not hesitate to contact us at feedback [Email address: feedback #AT# debtmarket.com - replace #AT# with @ ]or call us at 866-559-4339.
Read More.