News & Press Releases
Hedge Funds Jump into Distressed Mortgages
Estimates suggest that more than $400 billion in private capital may be ready to jump into distressed mortgages within the next year; this story shows that, waiting may not be the best option. Read more...
Offshore Fund Eyes U.S. Loans
Several new funds have been formed recently to capitalize on the "low" prices in portions of today's liquidity-strapped market and there has been some question as to whether this might help or be a sign of market recovery. Read more...
Strategic Recovery Group Launches Loan Servicing Business
Acqura offers a full spectrum of servicing, loss mitigation and collection services to hedge funds, investment bank and lender clients and creates a customized risk-management solution for each of its clients. The members of Acqura's management team have an average of 20 years experience in mortgage finance, high LTV servicing, and debt recovery. Read more...
ARE Asset Management Launches Offshore Funds
American Residential Equities (ARE), has bought, managed and sold more than $1 billion in non-performing mortgages and REO. The are a primary investor in the Plano, Texas based loan servicing specialist company, Strategic Recovery Group, LLC. Read more...
Distressed loan funds servicing
With distressed loans, prevention from going to foreclosure and early intervention with a focus on loss mitigation, is essential. Our approach is really to get ahead of the event that causes the default. - Dave Vida. Read more...
Acqura Loan Services Racks up Assignments
Acqura Loan Services works on behalf of clients seeking payment on defaulted mortgages and home-equity loans that haven’t gone through foreclosure yet. Acqura evaluates individual loan performance daily, while working with borrowers to develop payment plans, modify loan terms and head off missed payments. Read more...