CEX MLS Loan Exchange Favors Banks Looking to Access Local and Regional Investors to Buy Loan and REO Assets
August 11, 2010
Dear Client:
We are writing to encourage you to send us potential loan sale assets, which you desire to monetize in 2010.
We would be pleased to sign a confidentiality agreement, and then provide you with a detailed valuation, and customized marketing proposal so that you can evaluate whether selling loan assets at this time is a proper strategy for you.
Carlton has been in the business of selling loan and REO assets since 1991, and we possess highly evolved marketing and sales techniques, which provides our clients with the highest possible level of service and results.
In addition, our CEX MLS Conventional Auction Hybrid Loan Sale System (www.carltonexchange.com) provides bidders and sellers the opportunity to meet quickly and agree on a mutually acceptable purchase price. We believe that this system is much more effective than traditional sealed bids, which often unnecessarily extend the loan sale process. Moreover, Carlton also has substantial expertise in executing bulk sales, and provide an efficiency that cannot be achieved in one-off asset sales.
Finally, the accepted wisdom is that loan sales through the end of 2010 are going to significantly increase as lenders who are now starting to make profits in their core business will have an increased desire and ability to shed non strategic loan assets.
As discussed, we invite you to send us potential loan sale inventory now so we can provide you with a valuation and loan sale strategy which will maximize the recovery of your assets.
Thank you and we look forward to hearing from you.
Howard L. Michaels
Chairman
Carlton Advisory Services, Inc.
560 Lexington Avenue – 10th Floor
New York, NY 10022
(212) 545-1000 office
(212) 867-1305 fax
Email: howardmichaels@carltongroup.local
Website: www.carltongroup.local
Carlton Exchange: www.carltonexchange.com
