Over the past 20 years, failed banks and poor bank management have caused the debt recovery business to grow into a multi-BILLION dollar industry.

    In the early 21st Century, major corporations and government agencies across the nation and internationally saw the financial benefits of converting distressed and non-performing assets into cash. Now, numerous banks and even Fortune 500 companies will have loan sales. Furthermore, the FDIC has numerous banks on the “Watch List” and has begun gearing up and selling loans again, anticipating an ever-increasing volume of distressed assets for auction.

    Additionally, banks are foreclosing on secured property without the skills to manage such properties. This provides a great opportunity to capitalize at a substantial discount on bank-owned commercial real estate (“REO”) or collateral properties pending foreclosure. This is becoming an ever-increasing crisis for the banks as good loans, that have historically been performing as agreed, are now facing borrower default when the borrower cannot obtain refinancing as the balance comes due upon maturity of the loan.

    CFA prides itself on its ability to locate entrepreneurial investment opportunities and deeply understands the benefits of working closely with niche investors to best utilize the skills of that investor’s industry expertise.