Associates - Posted by Jake

Posted by Mark-NC on April 03, 2000 at 17:58:48:

The Associates are a huge lending company. They have offices in many states.I believe their main office is in Pittsburg PA.

As far as buying Notes. Yes, they do but your chances of getting them to buy one from you is slim. Unless you are a big customer and can provide financial statements and the whole nine yards they probably won’t deal with you on a small scale and if you could the pricing is not going to be very competitive and they will be very slow in helping you.

If you need a deal done now go to an established note buyer or broker.


Associates - Posted by Jake

Posted by Jake on April 03, 2000 at 16:52:24:

Where are these guys located? Does anyone have a phone#/web address? Do they buy owner finance notes?

Large Finance Company - Posted by Michael Morrongiello

Posted by Michael Morrongiello on April 03, 2000 at 23:11:07:

Associates Financial Services Co., Inc. is the largest finance company in the world. They have a division that is called their PMO (private mortgage operation) that is known to purchase private paper.

They can be very frustrating for a broker to work with especially if that broker does not understand proper processing, packaging, closing, and funding procedures.

We often will purchase their “turn downs” or rejected files from brokers.

Michael Morrongiello