Copyright 2008
Distressed Debt Investment Management Emerging Markets Contact Location References Confidentiality Policy People Whole Loan Mortgages Distressed Debt

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Turan Corporation is interested in buying pools of whole loan mortgages that are non-performing. Our guidelines are as follows:

 

Priority: First lien
Status: Delinquent 60 days or more, pre-bankruptcy
Occupancy: Owner occupied
Minimums:

$1,000,000 in Unpaid Principal Balance per package, $200,000 UPB
per mortgage

 

We are also interested in buying REO pools.

Timely and well-executed closing distinguishes the service we offer from that of our competitors. Closing is done through a major mortgage servicing company.

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