Investor Services – Mortgage Note Purchases and Sales

Adam Leitman Bailey, P.C.’s Foreclosure Litigation Group attorneys offer exceptional investor services with respect to representing investors—big and small—on both the purchaser and seller sides of mortgage note purchases and sales. From buying and selling a single mortgage note to an entire portfolio of mortgage notes, Adam Leitman Bailey, P.C. handles the transaction from inception to close.

DUE DILIGENCE

The firm’s Foreclosure Litigation Group attorneys efficiently and thoroughly perform the necessary due diligence that purchasers rely on to determine whether they should purchase and at what cost, and that sellers rely on mainly to value the notes for sale. Due diligence beyond a simple title search is critical for buying and selling distressed debt, especially for loans deep in litigation with oftentimes convoluted or seemingly fatal litigation histories.

TRANSACTIONAL DOCUMENTS AND CLOSING

Once due diligence is complete, the Adam Leitman Bailey, P.C. team facilitates the closing, including, without limitation, preparing and keeping the investor protected in the purchase and sale agreements, preparing all necessary allonges, loan assignments, and assignments of causes of action, understanding servicer requirements after a transfer and preparing proper notices, and the like.

LITIGATION

During the due diligence and valuation stages, closing stage, and onboarding stage of a note purchase and sale transaction, if the loan is in active litigation, as they often are, the litigation does not stop for negotiations. With numerous court appearances, filing deadlines, conferences, and notice requirements, it is imperative for counsel to track and actively protect the litigation, and to be ready to change out or in as counsel expeditiously after closing, so as not to drop any balls litigation-wise for the note owner. When representing the note purchasers, Adam Leitman Bailey, P.C.’s Foreclosure Litigation Group attorneys become intimately familiar with the loans and litigation during due diligence and have the litigation strategies ready to go upon closing with no time lost and no deadlines missed.