If you're considering a possible sale of whole loan or participation
Quadrant Advisors can help you get started and make sure that
you avoid the many pitfalls that can result in a bad business
Our first step is to review your specific goals and proposed
actions. We can give you a feel for what's doable in the current
market and how long a trade typically will take to complete.
Second, we can tell you which products in your portfolio will fetch
the best relative price in the market, thus allowing you to
accurately forecast your gain-on-sale on a prospective sale.
Third, we can also tell you the important steps needed to
prepare for a trade, whether it's in the immediate future or down
the road. Getting files in proper shape, streamlining database
deliveries, and updating credit score and loan-to-value data are the
more obvious things that you should be considering.
Fourth, having managed the sale of literally hundreds of trades over
the past twenty years, we have a special ability to describe and
implement the processes required in a successful secondary
market transaction, including the definition of a final sale pool, the
answering of both obvious and not-so-obvious questions, and the
preparation of offering documentation.
Fifth, this same experience and our constant conversations with
hundreds of buyers and sellers in the secondary market allows us to
identity the most likely buyers of an offered pool.
Sixth, following a bid date or simply on a first-come, first-served
basis, we'll present you with the bids received. Equally important,
we'll share with you our opinion of the bidders' respective abilities
to review and close the prospective transaction. We'll tell you what
experiences we've had with a potential buyer, both the good and the
Finally, we'll help manage the due diligence and closing
process, assuring that you'll have the best possible opportunity for
an efficient and profitable secondary market experience.
"Getting Back to Basics in the Secondary Market"