Trade with Confidence Let Watermark guide you in your Note purchase decisions!

What is a non-performing loan (NPL)?

A non-performing loan is a debt instrument (i.e., a loan) in which the borrower has stopped making payments. Notes are negotiable instruments so they may be bought and sold. There is a secondary market for performing loans, non-performing loans, and what is called “under-performing” loans – loans where a borrower has missed payments or been late on payments, but is not yet delinquent enough to be deemed non-performing. Also currently developing is a market for rehabilitated or re-performing loans, in which the borrower agrees to a loan modification with the lender and demonstrates an ability to continue making those payments.

Advanced
subscribe bellow to receive general or mixed offers for geographically targeted offers please register here
DMC Firewall is a Joomla Security extension!