Caciqueax Ax

FL, USA
Role(s):

Cacique Funding

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Location:
Industry: Consulting
Year Founded: 2008
Number Employees: INVALID
Description: I need funding to acquire non-performing mortgages. The notes will be purchsed at 17 cents on the dollar of unpaid balance. They will be recasted so that the qualified homeowner is able to afford the payments. There will be a first mtg at 80% LTV and a second for the remaining balance in arrears that will include back due payments and fees, penalties. Affordable Payments will be made on the first mtg. The second mtg will require interest only payments to avoid negam. The object is to keep the mtg at or slightly below comparable rents. All unpaid balances will remain due. These notes will be seasoned for a year and sold. Where the homeowner is unable to qualify, the property will be sold on shortsale or foreclosed.