What Strategies Do You Use to Value & Sell Performing Notes?

[Victoria OHare]

Hello Everyone,

I’ve been focusing lately on buying and selling residential mortgage notes, particularly first-position, performing notes. I'm curious to hear how others in this space are valuing and exiting notes.

A few discussion questions:

• What metrics do you weigh most heavily (LTV, payment history, discount rate, etc.)?

• When do you decide to hold a note vs sell it?

• For those who sell, how do you find buyers and structure closing?

Happy to share what I look for as a note buyer too, if that’s helpful for others.