Explainer videos
Two minutes per deal type: what each one is and how the process works, in plain language.
NPL — mortgage loan purchase
The non-performing loan is bought at a discount to face value, with a property standing as collateral behind it. These two clips cover what it is and how the deal moves to its outcome.
Auction — bidding for the property in court
The court puts the property up for public auction to pay off the owner's debts: you bid and, if you win, it is awarded to you below market value. These two clips explain what it is and the steps the bid follows.
CDR — assignment of auction rights
You acquire the right to take the auctioned property without bidding at the auction yourself. Here is what it involves and the steps the process follows.
REO — bank-owned asset purchase
The property already belongs to the bank or the fund: no pending court process and full control of the asset from day one. We explain what it is and how it is bought.