A Message from Chip Larson, President, Home Equity Partners
Today’s economy presents many questions, few solutions. We all are painfully aware of the enormous impact of the mortgage market over the past several years. Many of us have experienced it first-hand. Doing so, however, has afforded us the insight, agility and strategic thinking to develop a unique business model that can effectively manage troubled mortgage assets, and bring value to financial institutions with distressed assets and to homeowners facing foreclosure. That is why we – the Executive Team and Partners of Home Equity Partners – united to create the new financial direction.
Our business model is strategic, yet simple: leverage our vast expertise to acquire, and manage and dispose of distressed assets of financial institutions.
Each managing partner brings to the team more than 20 years of relevant experience, and has personally invested in the company. The team’s scope is broad and deep, representing funding or sales totaling hundreds of billions of dollars.
Through cost-efficiently analyzing, pricing and acquiring mortgage pools, our team acquires significantly discounted notes with considerable upside real estate potential. Some of those distressed assets will be restructured with a unique and affordable mortgage with an equity appreciation component, helping keep borrowers in their homes, while the upside appreciation potential is shared with the borrowers.
We believe this is truly a unique opportunity, unlike any business model in the industry today. We invite you to be part of this exciting venture that we truly believe is the new financial direction.