- Local Phone:
562.446.4340 - Fax:
562.446.4345 - 6621 E. Pacific Coast Hwy
Suite 102
Long Beach, CA
90803
- Directory
- Ron McMahan
extension 140
- Ron Brandenburg
extension 105
- Bud Terrell
extension 250
- Jason Yahne
extension 114
Asset Resolution Strategies
We utilize a wide variety of both proprietary and traditional approaches to the resolution of the non-performing loans we purchase. These strategies include “scratch and dent approaches” such as loan modification or cash for keys or Deed-in-Lieu transactions, or novel approaches such as our Installment Land Sale Contract (ILSC).
The linchpin of our work-out strategies is our hands-on approach to loan modification, credit evaluation, and financial remediation. These processes incorporate comprehensive underwriting and financial remediation methodology roughly consistent with that of FHA and post-closing financial remediation and counseling based on Fannie Mae’s counseling product The Home Counselor.
If you have a REGULAR computer monitor (15″- 19″ displays),
Click here to view the CEREF Loss Mitigation Diagram
CEREF Loss Mitigation Diagram (Regular Screens)
If you have a LARGE computer monitor (20″ display and above),
Click here to view the CEREF Loss Mitigation Diagram
CEREF Loss Mitigation Diagram (Large Screens)
