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Due Diligence and Analytics Professionals Announces Sale of Auto

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					PR Log - Global Press Release Distribution




           Due Diligence and Analytics Professionals Announces Sale of Auto Loan Portfolio

       By Due Diligence and Anlytics Professionals
       Dated: Dec 11, 2011

       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.

       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

       Category            Banking, Mortgage, Loans
       Tags                loan sales, due diligence, auto loans, distressed assets
       Email               Click to contact author
       Phone               732 610 8523
       Fax                 732 385 1355
       City/Town           Manalapan
       State/Province      New Jersey
       Zip                 07726
       Country             United States
       Link                http://prlog.org/11746500




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