One question,,, does banks sell notes... - Posted by CJ

Posted by matt on December 08, 2005 at 01:39:15:

How would I go in finding a list of mid size banks and credit unions that sell their firt mrtgage notes in the 50-100+M range

One question, does banks sell notes… - Posted by CJ

Posted by CJ on August 02, 2005 at 15:14:10:

Can you go the bank and buy some notes?

banks sell notes all the time… - Posted by Michael Morrongiello

Posted by Michael Morrongiello on August 02, 2005 at 17:46:30:

Sure, why not…

Banks sell loans, performing Notes, etc. in the secondary market all the time.

However the type of pricing they seek is often so averse to them taking any significant discount (often at fractions of a point) that its simply not worth you time to solicit them.

As for their Non performing or sub performing problematic accounts that is another story. They are far more receptive to disposing of these loans at larger discounts.

Michael Morrongiello