))
IMN NPL/RPL Series - NPL Market - Tenebaum / Prosperity Investment Fund
Archived series ("HTTP Redirect" status)
Replaced by: Capital Markets Today
When?
This feed was archived on April 17, 2018 19:58 (
Why? HTTP Redirect status. The feed permanently redirected to another series.
What now? If you were subscribed to this series when it was replaced, you will now be subscribed to the replacement series. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 168125720 series 1157620
Content provided by Capital Markets Today. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Capital Markets Today or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Welcome to Capital Markets Today and the IMN’s series of NPL & RPL Forum’s podcasts. Capital Markets Today listeners can use code SP20 for a 20% discount to IMN’s NPL/RPL Forum East being held on January 19-20 2017 According to recent reporting, Fannie Mae and Freddie Mac have sold over 59 thousand non-performing loans with an aggregate unpaid principal balance $11.9 billion. With the addition of three months-worth of data, this bumped the number of loans sold up by nearly 18,000 loans and $3.4 billion from the previously issued data. The number of loans that resulted in foreclosure avoidance also increased within the three months over 5 percent from 12 percent to 17.1 percent as of August 2016. With the information FHFA has received with NPLs sold by December 31, 2015, the agency says that only 31 percent of the loans have been resolved. All this to say that the NPL market will continue to be brisk in 2017 via the primary, secondary and tertiary markets. Joining the broadcast today to discuss the NPL market is Jay Tenebaum, Managing Member & Director of Capital Investments of Prosperity Investment Fund. Prior to launching Prosperity, Jay was an attorney with over twenty years of debt collection experience.
…
continue reading
156 episodes
Share
