Financial Services - Jersey City, New Jersey, United States
Acquisitions * Resolutions * Cash Flow Rensselaer Financial Group (RFG) mission is to help homeowners take a negative situation and avoid foreclosure by creating options that can help them lower their interest rate and/or mortgage payments. In contrast, the traditional banking industry views mortgage defaults as a liability, therefore selling a non-performing mortgage at a deep discount as quickly as possible. Recognizing a profitable business opportunity, Rensselaer Financial Group seeks to help homeowners create successful, long-term workouts by resolving the homeowner's immediate financial obstacles. RFG is able to achieve this success by purchasing the non-performing notes at a steep discount and sharing the mortgage purchase discount with the homeowner, investors and JV partners. Acquisitions * Resolutions * Cash Flow
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