LoanMarket.net announced on Monday that it has launched its online marketplace for buying and selling mortgages.
According to the company, its service allows both buyers and sellers to come together in a "neutral, open marketplace" to trade mortgages and other real-estate secured note investments.
The site has a variety of sellers, including mortgage originators, banks, and lending institutions, mortgage pool investors, small private investors, and seller carry-back note holders. All the notes listed on the site include current market value information, as well as a photo of the property taken within 14 days of the post. All … Read more