Loan Acquisition Program
This program may be useful with respect to loans currently in distress or default. Under this program Crocker Partners is able to:
- Purchase these notes eliminating lender’s foreclosure and litigation risks.
- Value the notes based on extensive underwriting of the collateral which often results in a purchase at par.
- Structure the transaction as a purchase of the “B-Note” portion of the existing note in the event the lender would like to continue the investment.