Carlton Exchange (CEX) Retained to Auction $4.1 M of Loans & Assets

September 7, 2010

Carlton Chairman Howard L. Michaels has announced that the Carlton Exchange (CEX) has been retained to auction $4.1 million of primarily non-performing residential loans and REO assets located in New York, New Jersey and Florida.

The assets are being offered on a competitive real time-bid basis.  Prospective bidders may bid on individual assets, bidder defined pools of assets, or on the entire pool.

To view these assets and access all of the due diligence materials associated therewith, please register on Carlton’s proprietary website (www.carltonexchange.com) and click on “$4.1 Million – Primarily Non-Performing Residential Loans and REO Assets Located in NY, NJ and FL.”

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