October 29, 2018

$263 Million Performing Residential Portfolio with a Concentration in Florida

DebtX is pleased to announce the sale of 1216 residential loans totaling approximately $263 million throughout the US with a concentration in South Florida. The portfolio has a current WAC of 4.98% and WAM of 12/9/2039, with approximately 80% of the loans being adjustable. The portfolio will be offered in four pools comprised of a $152 million performing pool, a $107 million modified performing pool, a $2.4 million sub-performing pool, and a $1.3 million modified sub-performing pool. The portfolio’s trailing 12-month cash flow totals $28.1 million.

For more information, please contact Mike Roth at 617-531-3424 or mroth@debtx.com.

Final bids are due before 1pm ET on November 13th.

You must be registered with DebtX to receive detailed information about the loans and to participate in the sale. To register, please visit our registration page.