Due Diligence and Analytics Professionals Announces Sale of Auto Loan Portfolio

Due Diligence and Analytics Professionals successfully closed the sale of $4 million in performing and non-performing auto loans for an undisclosed bank in the Mid-Atlantic region.
By: Due Diligence and Anlytics Professionals
 
Dec. 11, 2011 - PRLog -- Due Diligence and Analytics Professionals, a boutique risk management firm, announces the successful closing of the sale of $4 million in performing and non-performing automobile loans for an undisclosed commercial banking client in the Mid-Atlantic region.

"Our client is extremely pleased with the level at which the trade was completed", said Mike DeSantis, President of Due Diligence and Analytics Professionals.  "They were also very happy with the speedy turnaround time for this trade from gathering initial bids through due diligence and closing", he added.

"By combining the bids of two investors into a single package that included nitial loan review, due diligence, and contract negotiations, we were able to speed the process considerably", said John Sajdak EVP of Due Diligence and Analytics Professionals.  "This helped ensure that our client met their strategic goal of removing the assets from their books by year end without losing value", he added.

Due Diligence and Analytics Professionals is a boutique consulting firm specializing in a variety of risk management roles for our clients in the financial services industry.

Our associates have a wide range of experience from CEO to branch management and every role in between.  Our experience comes from commercial and savings banks, credit unions, mortgage companies, finance companies, and federal regulators - a blend of background and experience that makes us unique in the industry.

We can help you in the following areas:

Bank Acquisition Due Diligence
Whole Loan Purchase or Sale Due Diligence
Process Improvement Reviews          
Delinquency and Credit Loss Forecasting      
Forensic Loan Review            
Loan and Asset Brokerage
End
Email:***@ddandap.com Email Verified
Phone:732 610 8523
Zip:07726
Tags:Loan Sales, Due Diligence, Auto Loans, Distressed Assets
Industry:Banking, Mortgage, Loans
Location:Manalapan - New Jersey - United States
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