NTC Sees Trend in NPL/RPL Markets

Buyers and sellers of non-performing and re-performing loans have unique requirements.

The industry veterans managing Nationwide Title Clearing have noticed an industry trend that will impact how mortgage loan pools are bought and sold in the future.

The market for non-performing and re-performing loans (NPL/RPL) continues to heat up, and this is causing problems for some capital markets participants according to executives at Nationwide Title Clearing (NTC), the leading post-closing services provider for the nation’s largest financial institutions, investors and servicers.

Because they typically must work with due diligence firms, document custodians and file remediation experts, it is taking too long for some buyers to combine analytics on the collateral to know the real value of the portfolio in time to make a quick resale back into the market.

Read all about it in this press release on MortgageSpeak.

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