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NEW SELLER: Regional Finance Company
Remaining Balance: $1,259,910
Asset Class: Semi-Truck
Performance: Performing
Number of Loans: 28
WAC: 27%
Avg. Seasoning: 11 Months
Wtd. Avg. Remaining Term: 29 months
Listing Expiration: 5/07/10
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!
BUYERS – DID YOU KNOW THAT YOU CAN DRIVE THE TYPE OF OF INVENTORY ON DEBTMARKET?
SELLERS - LOG IN NOW TO LEARN MORE ABOUT THESE REQUESTS.
Proactively message sellers who have listings on DebtMarket. Even if sellers have not listed
exactly the loans you want on DebtMarket, they may have them to sell. Do not hesitate to open
the lines of communication with active sellers. Submit “Portfolio Wanted” requests. Make
DebtMarket source deals for you! Accessed from your Dashboard, a “Portfolio Wanted” request
takes mere minutes to fill out and is sent immediately to all DebtMarket sellers. Submit
requests for each specific loan portfolio you are seeking – as often as you like. DebtMarket
averages 20 new member sign ups per week.
The most recent “Portfolios Wanted” requests are listed below.
| DEBT CLASS REMAINING BALANCE |
IDEAL WAC CREDIT QUALITY |
GEOGRAPHY/ STATES |
SELLER TYPE LOAN PERFORMANCE |
| ALL ASSET CLASSES $500K-$1Million |
15% Sub-prime, Deep Sub-prime |
West | Bank, Retail Dealers Non-performing |
| AUTO $5 Million |
7% Prime, Sub-prime, Deep Sub-prime |
Nationwide | Bank Performing |
| AUTO $300K |
18% Prime, Sub-prime,Deep sub-prime |
South-west | Dealer, Bank, Broker Performing |
| RESI & COMM MORTGAGE $40 Million |
7% Deep Sub-prime |
South-east Mid-west |
Bank, Broker Sub and Non-Performing |
| RESI MORTGAGE $100 Million |
10% Deep Sub-prime |
South-east | Bank, Finance Co, Broker Non-Performing |
| AUTO $10 Million |
21% Deep Sub-prime |
West | Bank, Finance Co, Dealer Performing |
To find more information on all portfolio listings please log in to your DebtMarket account.
If you are not yet a member of DebtMarket, we invite you to sign up – it’s easy and free.
NEW DEBTMARKET SELLERS’ LISTINGS:
Seller: Maryland Regional Finance Company
Remaining Balance: $425,702
Asset Class: Auto
Performance: Performing
Number of Loans: 44
WAC: 25%
Avg. Seasoning: 12 months
Wtd. Avg. Remaining Term: 42 months
Listing Expiration: 4/30/10
Seller: Medical School
Remaining Balance: $6,648,055
Asset Class: Private Student Loans
Performance: 100% Deferred
Number of Loans: 211
WAC: 8.5%
Avg. Initial Term: 240 months
Listing Expiration: 5/19/10
Seller: Nationwide Career College
Remaining Balance: $89,259
Asset Class: Private Student Loans
Performance: Charge Off
Number of Loans: 55
Avg. Initial Term: 46 months
Avg. Remaining Term: 44 months
Listing Expiration: 6/12/10
Seller: Nationwide Career College
Remaining Balance: $116,432
Asset Class: Private Student Loans
Performance: Charge Off
Number of Loans: 63
WAC: 12%
Avg. Initial Term: 25 months
Avg. Remaining Term: 24 months
Listing Expiration: 4/27/10
DebtMarket is featuring an exclusive $20mm sub prime auto portfolio for sale.
Seller: TX Auto Dealer
Debt Class: Sub Prime Auto Loans
Remaining Balance: $20,847,000
Number of Loans: 1,277
Performance: Performing
WAC: 21%
Avg. Initial Term: 48 months
Avg. Remaining Term: 41 months
Listing Expiration: 4/21/10
MORE SELLER LISTINGS ON DEBTMARKET
Seller: Consultant for Medical School
Debt Class: Private Student Loans
Remaining Balance: $31,841,635
Number of Loans: 1,492
WAC: 8.16%
Avg. Initial Term: 162 months
Payment Deferred: 54%
In Repayment: 14%
Interest Only: 32%
Listing Expiration: 4/16/10
Seller: Consultant for Medical School
Debt Class: Private Student Loans
Remaining Balance: $43,433,115
Number of Loans: 2,073
WAC: 7.67%
Avg. Initial Term: 179 months
Payment Deferred: 85%
In Repayment: 14%
In Forbearance: 15
Listing Expiration: 4/16/10
Seller: Regional Finance Co
Debt Class: Home Improvement Loans
Remaining Balance: $7,112,054
Number of Loans: 3,735
Performance: Performing
WAC: 18%
Avg. Initial Term: 50 months
Avg. Remaining Term: 30 months
Listing Expiration: 4/21/10
Please log in to your DebtMarket account to find detailed information on all portfolio
listings. If you are not yet a member of DebtMarket, we invite you to sign-up for an account – it’s easy and free.
Greetings from DebtMarket! We continue to roll-out our new and improved user interface (UI) this month and are excited to introduce:
DebtMarket now has three ways you can list a portfolio:
In 2.5 we gave you a first look at our new UI with our redesigned marketplace. We continue our new and improved listing process in 2.6, which makes is easy to list your Mortgage, Vehicular, or Student Loan portfolio. We recommend Detailed Listing using our standardized templates that automatically creates detailed graphs and charts greatly increasing the possibility of a more competitive bid.
Thanks to your feedback and comments, we’ve separated our Mortgage asset class into two distinct classes: Residential Mortgage and Commercial Mortgage. Commercial Mortgage listings have become popular, and in addition have specific data, document and transaction needs. You can now list a Commercial Mortgage Portfolio with all the detailed information buyers need to analyze before bidding. We invite you to try it out.
If you’ve posted a Detailed Listing with us, you know we provide an asset specific spreadsheet template for your data. Using our spreadsheet allows our system to automatically analyze your data to provide detailed graphs and charts for prospective buyers. Thanks to your feedback, we have revised our templates to collect more of the data buyers want to see.
As much as we’d love our customers to spend all day on our site, we know you are a busy bunch and log in when you want something. In 2.6 we have introduced explanation text, pop-up help and tool-tips. Confused by something? Mouse-over the area and you’ll see a helpful tool-tip. We have just begun to add this roll-over help, so if you don’t see one yet, feel free to contact us to let us know.
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.New listing activity from DebtMarket sellers:
$42,957,200 Commercial Mortgage – Portfolio Preview*
Property Type: Hotels
Number of Loans: 33
WAC: 7%
Wtd Avg LTV: 65%
Current Term: 25 months
Remaining Term: 24 months
*A Portfolio Preview is high level information posted by a DebtMarket seller. DebtMarket buyers are encouraged
to provide feedback. The amount of buyer interest and specific feedback will influence the seller to convert
the preview to a summary or detailed listing on which buyers can bid.
Log in now to submit feedback on this preview.
$7,112,054 Home Improvement Loan Portfolio
Seller: Acceptance Corporation
Performance: Performing
Number of Loans: 3735
Average Original Term: 54
Average Remaining Term: 30
Listing Expiration: 4/21/10
More Portfolios for Sale on DebtMarket:
$30MM and $43MM Medical School Student Loan Portfolios
UPDATED INFORMATION JUST LISTED!
Remaining Balance: $43,488,086
Performance: combination – repayment, deferred, forbearance
Number of Loans: 2,173
Weighted Average Coupon: 7.67%
Average Original Term: 179 months
Average Amt. Financed: $18,843
Listing Expiration: 4/1/10
Remaining Balance: $30,769,65
Performance: combination – repayment, deferred, forbearance
Number of Loans: 1,418
Weighted Average Coupon: 8.16%
Average Original Term: 162 months
Average Amount Financed: $24,349
Listing Expiration: 4/1/10
$239,147 Student Loan Portfolio Listed for Sale
Seller: Nationwide Career College
Performance: Charge off
Number of Loans: 107
WAC (out of school): 9%
Avg. Original Term: 20 months
Listing Expiration: 3/23/10
Please log in to your DebtMarket account to find detailed information on the portfolio
listings above, or apply for free membership.
NEW THIS WEEK: 2 new student loan portfolios totaling over $70MM
New Seller: Medical University
Remaining Balance: $43,488,086
Number of Loans: 2173
Weighted Average Coupon: 7.67%
Average Original Term: 179 months
Average Amt. Financed: $18,843
Listing Expiration: 3/23/10
New Seller: Medical University
Remaining Balance: $30,769,655
Number of Loans: 1418
Weighted Average Coupon: 8.16%
Average Original Term: 162 months
Average Amt. Financed: $24,349
Listing Expiration: 3/23/10
MORE LOAN PORTFOLIOS LISTED BY SELLER MEMBERS
New Seller: IL Related Finance Company
Remaining Balance: $263,127
Number of Loans: 48
Interest: Rule of 78
Average Seasoning: 8 months
Avg. Remaining Term: 23 months
Listing Expiration: 3/8/10
Seller: TN Bank
Remaining Balance: $18,044,944
Number of Loans: 890
Weighted Average Coupon: 7.23%
Average Seasoning: 7 months
Average Remaining Term: 36 months
Listing Expiration: 3/18/10
Seller: NC Broker
Remaining Balance: $1,241,241
Number of Loans: 1
Weighted Average Coupon: 7%
Appraisal Value: $830,000 as of 2009
Listing Expiration: 3/8/10
Please log in to your DebtMarket account to find detailed
information on the portfolio listings below, or apply for free
membership.
How Much Risk Lurks in Your Loan Portfolio?
A new, eBay-style electronic marketplace for troubled loans tries
to give bankers a clear sense of what their distressed debt is worth.
By Penny Crosman
February 25, 2010
Although risk analytics tools are improving in terms of estimating the potential risk of loans, one element they often lack is precise calibration — a reasonably accurate estimate of what the loans are worth today and what a bank could sell them for if it had to lower its risk exposure or meet regulatory demands. “One thing bankers really need right now … is pricing expectations from the buy and sell side that they can take back to their risk models and their board of directors and know the way they should be thinking about write-downs,” says Mike Sheridan, CEO and president of DebtMarket, an online marketplace for buying and selling whole loan portfolios. READ MORE
Read More.Please log in to your DebtMarket account to find detailed information
on the portfolio listings below. If you don’t yet have a DebtMarket
account, we invite you to register for an account.
***New***
Loan Type: Auto
Seller: Tennessee Bank
Remaining Balance: $18,044,944
Performance: Performing
Number of Loans: 890
Coupon: 7.23%
Avg. Remaining Term: 66 months
Listing Expiration: 3/18/10
MORE SELLER LISTINGS ON DEBTMARKET:
Loan Type: Commercial Mortgage
Seller: Mississippi Broker for National Bank
Remaining Balance: $88,334,976
Performance: Non-Performing
Number of Loans: 15
Property Locations: FL, OH, IN, MI, NC, NJ, NY, TN, TX
Property Type: Multi-Family
Avg. Original Term: 360 months
Avg. Remaining Term: 110 months
Listing Expiration: 3/9/10
Loan Type: Commercial Mortgage
Seller: North Carolina Broker for Regional Bank
Remaining Balance: $1,241,241
Performance: Non-Performing
Number of Loans: 1
Property Location: NC
Property Type: Residential Development
Original Term: 12 months
Appraisal Value: $830,000 as of 10/09
Listing Expiration: 3/8/10
Loan Type: Residential Mortgage
Seller: Nevada Investment Firm
Remaining Balance: $44,200
Performance: Performing
Number of Loans: 1
Property Location: OH
Coupon: 7%
Original Term: 84 months
Remaining Term: 30 months
2009 Tax Assessor’s Appraisal: $67,000
Listing Expiration: 2/25/10