Williams Merchant Group (WMG) Posts a New Pool of 20 Non-Performing Residential Mortgage Loans across Seven States

Williams Merchant Group (WMG)™, global trading specialists of all types of mortgage and real estate backed assets, announced today a new regional bank pool of 20 non-performing residential mortgage loans spread across seven states. This is a unique opportunity for an investor, as the seller is willing to consider financing the pool as well as providing the potential to buy the notes individually. Final bids for this pool of assets are due November 23rd at 3:00 pm EST.

“This pool of assets has a good variety of underlying asset quality and should be attractive to a large number of investors due to its size, geographic diversity and relative value,” said Fontana Fitzwilson, SVP, Capital Markets, Business Intelligence and Analytics for Williams, Williams, & McKissick, the parent company of WMG.

The Bank offered pool has assets located in California, Florida, Georgia, Nevada, Missouri, New York and Illinois and an average Principal Balance of $301,322. High Bidders will be notified immediately following the November 23rd deadline. The Offering Memorandum, full asset list and due diligence materials can be found on the website, www.williamsmerchantgroup.com, or contact Steve Grogan at (918) 217-6412.

About Williams Merchant Group:

Williams Merchant Group (WMG)™ is a proven industry leader as a principal buyer, seller and trader of bulk real estate and debt portfolios. WMG employs the capabilities of its affiliated company, Williams & Williams®, to value, purchase, market, and sell assets. Utilizing Williams and Williams' propriety analytics the company has valued and back tested-over $10 Billion in assets over the last two years with an accuracy rating of +/- 2.5%. With years of real estate-related trading experience, WMG uses time-definite and securely managed transactions combined with one of the most technologically advanced bulk auction platforms in the industry. Williams & Williams®, Auction Network® and WMG™ are wholly-owned subsidiaries of WWM, LLC. (http://www.williamsmerchantgroup.com)

Contacts:

Williams Merchant Group
Michael Birnbaum, 918-362-6508
Michael.birnbaum@williamsauction.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.