by Erika Luitjens | Sep 30, 2016 | CIG Quarterly Newsletter, Fund News
For the third quarter, our sales team was able to liquidate thirty nine REO assets, as well as sell forty low-value mortgages from our inventory. We have continued to purchase a handful of bay area properties from our tax delinquent marketing program. These...
by Erika Luitjens | Sep 30, 2016 | Fund News, SRF Quarterly Newsletter
Last month, we attended the Five Star Conference in Dallas, Texas. This is one of the larger conferences that attracts banks, mortgage servicers, Realtors and investors. We were able to meet with the heads of two of our auction company partners, as well as the...
by Erika Luitjens | Aug 15, 2016 | Company events
We had our annual picnic for employees, family and friends of Stonecrest on August 5th at Cuesta Park. This year’s theme was Fun in the Sun. The day was filled with great food, games, laughter and great company. Everyone love the ribs of course and the freshly made...
by Erika Luitjens | Jul 15, 2016 | Company News, Fund News, SIF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 6/30/16: Second quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 92 Gross loan portfolio dollars: $56,213,077 (86.31% in 1st and 13.69% in 2nd position) Average...
by Erika Luitjens | Jul 15, 2016 | Company News, Fund News, General, PCF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 6/30/16: • Second quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 57 • Gross loan portfolio dollars: $33,804,804 (68.10% in 1st and 31.90% in 2nd position) • Average...
