Capital Markets Today

The IMN Opportunity Zone Forum forum is being held in Chicago on September 19th.  Listeners of the podcast can use code NSCM20 when registering for a 20% discount Normandy Real Estate Partners is the latest major real estate player to launch an opportunity zone fund.  The New Jersey-based fund announced its first development deal acquiring a property in Prince Georges County, Maryland.  Normandy bought the property for 6.3 million and plans to demolish the existing building and develop at 160 thousand square foot warehouse. Joining the podcast to discuss OZ markets and risk is Gavriel Kahane, Managing Partner and Chief Investment Officer of Opportunity Development Group or (ODG).  ODG has launched a Qualified Opportunity Fund to invest in opportunistic development and redevelopment projects in targeted growth markets.

The IMN Opportunity Zone Forum is being held in Chicago on 9/19/19, listeners of the podcast can use code NSCM20 when registering for a 20% discount To stimulate greater multifamily residential and commercial development in Opportunity Zones, Ben Carson recently announced that FHA will now insure mortgages on mixed-use development under the agency’s Section 220 Program in thousands of lower income communities across the country.  The 220 program insures lenders against loss on mortgage default. Carson’s announcement expands eligibility of mortgages insured under this program to all Opportunity Zones, including those located in rural areas. Joining the podcast to discuss opportunity zones is Jill Homan, President of Javelin 19 Investments, a Washington DC based real estate investment, development and advisory firm.  Since January, Jill has worked with legislative and administration members to develop a comprehensive understanding of the opportunity zone incentive.  Jill testified at the first IRS Opportunity Z

Welcome to Capital Markets Today and the IMN NPL Notes & Default Servicing Forum podcast series.The forum is being held Dana Point on June 3rd & 4th.Listeners of the podcast can use code NSCM30 when registering for a 30% discount A new foreclosure bill in New Jersey was just signed into law by Governor Phil Murphy.  The objective of the new Bill is to resolve the surge of new foreclosures and streamline pending cases.  In 2017 New Jersey led the country with nearly 70k foreclosures. Some highlights of the new Bill are Increasing the notice of intention to foreclose notice from 30 days to 180 days. Require any person acting as a mortgage servicer to obtain a license from the Commissioner of Banking and Insurance for each main office and each branch office where business is conducted. Reduce the statue of limitations in foreclosure actions from 20 years to 6 years. Revise certain procedure under the “Fair Foreclosure Act” to expedite foreclosure proceedings Require the county sheriff to conduct a for

Welcome to Capital Markets Today and the IMN NPL Notes & Default Servicing Forum podcast series.The forum is being held Dana Point on June 3rd & 4th.Listeners of the podcast can use code NSCM30 when registering for a 30% discount Fannie Mae recently announced their latest sale of non-performing loans.   Fannie’s NPL sale includes six larger pools of approximately 4,660 loans totaling $822 million in unpaid principal balance (UPB) and the Community Impact Pool of approximately 80 loans totaling $17.7 million in UPB. Freddie Mac last week announced the completion of its auction of 1,789 non-performing loans (NPLs) totaling $307 million.  The winning bidders across the three pools include InSolve Global Credit Fund for the first pool, and Elkhorn Depositor LLC for the second and third pool. Joining the podcast to discuss the changing NPL and default environment is Paul Johannsson, Founder & CEO of OLAF Consulting.  Paul and his teams throughout his career have managed hundreds of thousands of defaul

The outlook for the U.S. economy is dimming with several institutions lowering their growth forecast after April economic reports were published.  JPMorgan Chase cut its forecast for second-quarter economic growth to 1% from 2.25% Oxford Economics lowered its estimate to 1.3% from 1.6% and Barclays forecast went down to 2% from 2.2% April reports showed retail sales unexpectedly declined, factory output was below forecasts, business equipment orders declined, sales of previously owned homes fell and permits for single-family homes hit the lowest in almost two years. April data is does not consider Trump ratcheted up his trade war with China this month by raising tariffs on some goods and threatening more levies. Joining the podcast to discuss the economic outlook and how it could impact the NPL market is Daren Blomquist, Vice President of Market Economics at Auction.com. CREATE VALUE WITH STATE OF THE ART PORTFOLIO MANAGEMENT TECHNOLOGY

The DDC Financials' Distressed European Investment Summit is being held in Stockholm Sweden on March 20th and 21st.  Listeners of the podcast can use code NSCM30 when registering for a 30% discount Late last year, Angelo Gordon, a $28 billion dollar alternative investment firm focused on credit and real estate investing, announced that it has successfully closed its second European realty fund.  The Fund will seek to identify complex and off-market investment opportunities with a focus on U.K. and Western Europe sub-performing distressed debt, office, retail, hotel, industrial and residential assets. Joining the podcast to discuss European real estate investment opportunities is Richard Horton, Managing Director of DDC Capital.  Richard has over 30 years of finance, investment, real estate and restructuring experience across Europe and North America.

The IMN NPL Mortgage Notes Forum is being held on February 7th and 8th in Fort Lauderdale.  Listeners of the podcast can use code SP20 when registering for a 20% discount According to the annual Altisource 2018 default survey published last week, servicers are expecting increased delinquencies in their FHA loan portfolios in 2019. Post-crash, FHA, which some consider as government backed non-prime lending, is at least 50% of new originations.  In addition, Experian recently put out a report that indicates defaults across all loan types increased in the last quarter of 2018. Joining the podcast to discuss the note investing business is Paige Panzarello, founder of The Tryllion Group, an NPL investment firm.    Paige also teaches the “Building Wealth with Notes” workshops.  The workshops train on buying non-performing notes, what to look for in due diligence and how to mitigate risk.

The IMN NPL Mortgage Notes Forum is being held on February 7th and 8th in Fort Lauderdale.  Listeners of the podcast can use code SP20 when registering for a 20% discount The distressed asset space has been evolving briskly post-crash.  There are new buyers and sellers, new servicers and servicing consolidation, new valuation methodologies and access to big data, new impact funds that measure social impact as well as financial returns and new technology that provides transparency and workflow from acquisition to disposition, just to name a few. However, potentially the most transformative change is crowd funding.   Several crowd funding platforms have entered the space drastically changing the way operators can raise capital. Joining the podcast to discuss servicing and crowdfunding is DeAnn O’Donovan.  DeAnn is President & CEO of AHP Servicing and AHP Capital Management. She is responsible for the oversight and strategy of the companies. DeAnn has over 25 years of experience in real estate, financial ser

IMN NPL Mortgage Notes Forum is being held on February 7th and 8th in Fort Lauderdale.  Listeners of the podcast can use code SP20 when registering for a 20% discount One of the more notable trends in the mortgage servicing business is the continuous growth of non-bank servicers.  Non-bank servicers pursue efforts to expand their servicing business through portfolio purchases and consolidation. Just this month, Mr. Cooper announced the acquisition of Seterus Mortgage Servicing adding over 300,000 customers to its platform. Joining the podcast to discuss the NPL servicing business is John Dunnery, Vice President of Government Loan Servicing at Bayview Loan Servicing.  Bayview is a nationwide servicer of both residential and commercial mortgage loans.

IMN NPL Mortgage Notes Forum, February 7th and 8th in Fort Lauderdale.  Listeners of the podcast can use code SP20 when registering for a 20% discount The U.S. housing market will continue to face headwinds that likely will grow in strength according to seven leading housing economists interviewed by Think Realty’s Housing News Report for their annual housing outlook. Home affordability challenges exacerbated by rising mortgage rates will slow home price appreciation in 2019 to the low single digits.  In addition, a slowing economy and inflated equity markets could further weaken demand for housing Joining the podcast to discuss the investment landscape in 2019 is Jay Tenebaum, Founder & Vice President at AZP Capital.  AZP Capital is a real estate investment firm specializing in acquiring assets nationwide. Jay is also Editor in Chief of the US Real Estate Journal, an online publication covering all facets of real estate for investors.

IMN NPL/RPL Notes Forum, February 7th and 8th in Fort Lauderdale.  Listeners of the podcast can use code SP20 when registering for a 20% discount According to a recent article in the Wall Street Journal, unconventional loans are on the rise.  Credit agency DBRS has predicted a comeback for these loans as lenders try to boost business which has stalled due to increasing interest rates, home prices and a shortage of inventory. The Wall Street Journal indicated non-prime loans could bring renewed risks to the housing market as an increasing number of traditional mortgage lenders look to non-QM loans to shore up profits in a tough mortgage market. Joining the podcast to discuss distressed real estate and mortgage assets is Robert Napolitano, Principal and Fund Manager at Global Realty Investor Trust.  Global Realty Investor Trust’s investment strategy is designed to capitalize on a variety of distressed real estate related assets nationwide.

IMN NPL Mortgage Notes Forum is being held on February 7th and 8th in Fort Lauderdale. Listeners of the podcast can use code SP20 when registering for a 20% discount According to the latest data report from the S&P/Experian Consumer Credit Default Indices, First mortgage default rate rose from November to December in 2018.  In addition to raising default rates, the housing sector is pressured by rising prices and higher mortgage rates. Sales of both new and existing homes are weakening. Joining the podcast to discuss the changing economic environment and to provide color on the NPL market is Cody Faller, President of Faller Financial.  Cody has worked with many of the most sophisticated real estate and note operators in the country. Since 2011, Cody has personally facilitated and/or purchased over $150 million in residential notes across roughly two hundred transactions under the Faller Financial brand.

Welcome to Capital Markets Today, and the IMN NPL Mortgage Notes Forum podcast.  The forum is being held on February 7th and 8th in Fort Lauderdale, listeners of the podcast can use code SP20 when registering for a 20% discount According to many experts, housing could be heading for its worst year since the last housing crash as predictions of home sales continue on a downward trend for the next 12-plus months. In addition, talks of a possible recession looms as equity markets remain unstable. NPL/RPL investors are gearing up for a brisk year of trading as uncertainty about the economy and housing remain in the headlines. Joining the podcast today to discuss buying and managing NPLs is Nathan Turner, known as the Canadian Note Guy.  Nathan started his business in Canada but shifted to the U.S. and has grown his portfolio substantially over the past few years.

According to the Real Estate Roundtable’s Q4 2018 Economic Sentiment Index released just a few days ago, Commercial Real Estate executives continue to see strong and balanced market conditions for the remainder of 2018 and moving forward into the new year. It was noted that supply and demand in major markets are essentially in balance, and access to debt and equity remains strong. Concerns do exist about interest rate and construction cost increases, as well as labor shortages.  However, these concerns have not yet caused significant market disruption Joining the podcast today to discuss the CRE market is Gary Mozer, Principal & Co-Founder of George Smith Partners, a leading national real estate capital advisory firm.  Gary has arranged in excess of $30 billion of debt and equity financing for a broad array of real estate transactions. 

NoteExpo, November 2nd and 3rd, Dallas Tx. - www.noteexpo.com Today, Fannie Mae announced the winning bidder for its fourteenth Community Impact Pool of non-performing loans. The transaction is expected to close on December 18, 2018 and includes approximately 66 loans totaling $22.9 million in unpaid principal balance; the loans are geographically focused in the New York City area. The winning bidder was VWH Capital Management, a minority woman owned business.  The cover bid, which is the second highest bid, for the Community Impact Pool was 90.0% of UPB or 48% of the home value. Joining the podcast today to discuss the acquisition of NPLs and REO is Fuquan Bilal, CEO of NNG Capital Fund.  Fuquan heads up a multi-million-dollar alternative investment fund that Primarily invest in Real Estate Notes and REO's 

NoteExpo, November 2nd & 3rd, Dallas TX - www.noteexpo.com Headlines about 600-point drops in the Dow Jones industrial average and pessimistic pundits predicting more declines have become more frequent in October. The three main descriptions of down markets are: a "pullback," or drop of 5 percent to 9.99 percent; a "correction," a decline of 10 percent to 19.99 percent; and the "bear market," or 20-percent-plus drop Joining the podcast to discuss alternative investment strategies is Ryan Parson, Chief Investment Officer at Heritage Capital USA.  Ryan focus on working with accredited   investors seeking exclusive capital placement option that provides diversification, capital preservation, and passive income while teaching exclusive wealth strategies to be successful in today’s complex market.

The NoteExpo, November 2nd & 3rd, Dallas TX - www.noteexpo.com Several influential analysts predict a current bubble and near-term crash that could boost the NPL markets.  The argument is that wealth that outpaces economic growth is artificial and unsustainable.  The last two times the share of household wealth growth exceeded GDP was during the late 1990’s dot-com bubble and the mid-2000 housing bubble.  Currently, household wealth as a share of nominal GDP is running at 505%, vs 473% in the housing bubble peak and 429% in the dot-com bust. The primary driver of the current bubble are common stocks and housing prices, both large contributors to middle class wealth.  The argument continues in that the Fed will put the breaks on the economy by increasing interest rates and tightening monetary policy which will start the downward spiral.  Just last week, the federal reserve unanimously backed an increase in interest rates over president Trump’s objection. Joining the podcast to discuss the NPL market is Cod

NoteExpo, November 2nd & 3rd, Dallas TX - www.noteexpo.com There are several real estate strategies that can boost your retirement income. They include real estate investment trusts, purchasing mortgage notes, rental-property purchases and shares in crowdfunding ventures that fix and flip houses or buy commercial property.  Joining the podcast to discuss using real estate to boost retirement levels is David Phelps.  David, who formally ran his own dental practice, now manages his real estate investments and develops passive cash flow via real estate and mortgage note acquisitions.  David is also a nationally recognized speaker and author.  

NoteExpo, November 2nd-3rd, Dallas TX Sharestates, an online crowdfunding real estate investment platform, has introduced financing for non-performing loans aimed at providing private real estate investors access to leverage.  By offering to finance up to 80% of the unpaid principal balance or value of the NPL, the crowdfunding company is opening up the NPL market up to a much larger pool of potential private investors.  This is yet another indication that private investors will continue to expand and maintain their presence in the NPL space. Joining the podcast to discuss the buying of mortgage notes is Eddie Speed.  Eddie founded NoteSchool which is a highly recognized training company specialized in the teaching of buying both performing and non-performing discounted mortgage notes. He is the owner and president of Colonial Funding Group LLC, which acquires and brokers discounted real estate secured notes.

NoteExplo - November 2nd-3rd 2018 - Dallas TX Freddie Mac announced this week that it sold via auction 3,247 delinquent non-performing loans from its mortgage investments portfolio. The loans, totaling $569 million and settling in December, are currently serviced by Specialized Loan Servicing LLC.  The loans were offered in three separate pools of which the winners were Balbec Capital, Lone Star and MCM Capital Joining the podcast to discuss the non-performing loan market is Bob Repass, Managing Director at Colonial Funding Group.   Over the course of his career, Bob has purchased over 40,000 performing and non-performing mortgage loans totaling over $2.5 billion dollars in volume.  In addition to managing the firm, Bob is a Managing Partner for Colonial Capital Management, where he is the Chief Investment Officer of CCM’s Colonial Impact Fund II.