Ray Van Cleave has a long history of analysis of FDIC, RTC "Resolution Trust Corporation" and other Contractor offering problem and troubled loan portfolios for commercial real estate backed loans.
Bid strategies have resulted in portfolio acquisition at feasible prices that allow for borrower re-structuring, loan re-sale, foreclosure acquisition, clearing of title for successful bidder turnaround and profit.
Due diligence is the key to any acquisition and understanding the pledged asset, the market and the mortgage package, servicing, collections, rate adjustments, borrower guaranties all play important parts in generating profitable bid amounts and are highly diverse in offered loan portfolios.
Knowledge of these "inter-playing" parts is an asset of Ray's experience with a savings & loan during late 80's, the RTC in the early 90's, realistic commercial real estate analysis and determination of valve over the last 30 years provides extensive experience with which to perform this pool analysis.
Acquisition of loans with abandoned construction, partial completion, inspection requirements, or budget problems are also within the expertise of Ray Van Cleave.
Correct loan documentation and organization is another valuable asset available.
