Leading Debt Portfolio Broker Announces Record Quarter

National Loan Exchange, Inc. (NLEX™), a leading broker of distressed financial assets, announces a record third quarter.  Though the funding environment for non-performing acquisitions continues to put a strain on the market, recent expansion puts NLEX™ on track for a second straight record year. 

Aaron Hadam, Senior Vice President, comments, “Our investments in key personnel have allowed us to grow the business in this challenging environment.  We are experiencing growth in both our core business, as well as from the sale of mortgage-originated products in both the United States and Canada.  While buy-side funding issues continue to drive down prices, NLEX™ has maintained a portfolio sale close rate well above 98%.  These results are built on our unrivaled ability to manage a sale from initial evaluation through contract close.”

For additional information, please contact Aaron Hadam at (760) 931.8030.

National Loan Exchange, Inc. is an industry leader in brokered portfolio sales, with approximately 20 years experience and approximately $100 billion in executed transactions. NLEX™ markets performing and nonperforming loan portfolios through a variety of channels to registered buyers.  More information regarding NLEX? can be found at www.nlex.com.