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Performing loans are often seen as the backbone of financial institutions, providing consistent income and boosting the overall value. However, there are occasionally times where selling performing assets may be a legitimate strategy for any institution looking to raise capital.
So why should a credit union sell a performing note?
Read more on me linkedin thread : …
Posted on July 25, 2015 at 1:49pm
With the current political and legal environment largely opposed to buying and selling consumer debt, originators are left with fewer options to maximize the profitability out of their delinquent accounts.
However, another option is becoming more and more attractive – nonperforming commercial account sales. Many originators, while set up to handle consumer accounts, do not have the infrastructure or knowledge to…Continue
Posted on July 25, 2015 at 1:42pm