SCL Capital

[...] polite conversation from a frame of reference they have already assume that SCL Capital buys mortgage notes that are bought at deep discounts because the real estate attached to the mortgage has [...]

[...] , the business banks are in and why the opportunity to buy mortgage notes from banks exists in today’s market. What’s really behind opportunists seeking to make sense [...]

[...] their monthly mortgage payment? The answer is of course not.  Banks just like investors in mortgage notes are not interested in gambling.  We are interested in having multiple ways to make money [...]

[...] works well to solve this problem as well. Are there any other types of distress that I missed? Jeffrey Greco [...]

[...] was a little long, so please let me know if you have questions about anything I shared today, Jeffrey Greco [...]

[...] like the bank to grow your wealth while protecting your wealth at the same time. Thank You, Jeffrey Greco [...]

[...] I thought about the opportunity that exists for at least the next 3-5 years in mortgage note investing.  The opportunity in mortgage note investing closely mirrors the Savings and [...]

[...] borrower to repay or not repay the collateralized debt obligation. In the case of mortgage note investing, investors have the legal right to send demand letters as well as ultimately [...]

[...] could not unload before the massive market corrections – creating massive portfolios of non-performing loans and homes for sale with few buyers. While the states listed above exhibited the most [...]

[...] and becomes bank owned (REO). Banks may or may not sell individual or even pools of non-performing loans buy they will ALL sell REO.  They must in fact. Banks, generally speaking, have to [...]

[...] , I have since learned that the banking business can be even more profitable than the real estate business and best is a combination of real estate and banking.  Along with two partners, we gave a [...]

[...] they lend to their clients. If we accept the above as true, banks are not at all in the real estate business or collecting loan business.  Banks are in the money business- borrowing money low and   [...]

Today’s blog post is the result of a conversation I was having with a gentleman this morning, who was exploring real estate investing opportunities. [...]

One of the toughest things for perspective investors to wrap their minds around is understanding with sound reasoning, “Why Banks Sell Mortgage Note [...]

Today’s blog post is the result of a conversation I was having with a gentleman this morning, who was exploring real estate investing opportunities. [...]

[...] their monthly mortgage payment?” In an earlier post, I talked about the 3 types of real estate distress to highlight which types of distress I invest and which types of distress I choose [...]

[...] is deposit accounts at banks that are “FDIC insured up to $250,000.” Here is a high level overview of what information is reported on Call Report of Individual Bank: i. 30-89 day [...]

[...] , most “junior” tranches suffer losses first.  This is a little advanced for a high level overview. What is different about a debt obligation being collateralized, also commonly [...]

[...] average.  Banks could have choose to expand their workforce significantly to handle these mortgage loans that went from performing to non-performing or sell them to investors like SCL Capital and [...]