Volume 18 - Number 1
January 10, 2014
NPL Sellers Should Do Well in 2014
Over the past year, home values including distressed sales have risen by almost 12 percent, which can only mean good things for sellers of nonperforming mortgages. Investors and auction companies that play in the non-performing loan space are expecting a banner year for sales, but also are quick to caution that every real estate (and loan) market is different. We auctioned off roughly $11 billion in NPLs in 2013, said J. Kingsley Greenland, president and CEO of The Debt Exchange, which operates ...
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