We believe the success of our investments is made possible by the following TPAM key strengths: our assessment of the portfolio at an individual note level, our assessment of the financial and psychological situation of the borrower, and our assessment of their decision making drivers. From these assessments, we undertake a decision analysis of alternative exit strategies and select the anticipated exit strategy that will be most beneficial for the borrower and profitable for the investor. Our experience in our own portfolio proves this approach to be very profitable while maintaining a high rate of home retention for our borrowers. Our project management team is highly skilled and adept at identifying risk, mitigating risk, developing strategies for exit and implementing those strategies in a timely manner. While implementing such a detailed approach to portfolio management, we remain diligent to keep the disposition timeline per asset as short as possible. Our process of aggressively pursuing liquidation and/or re-performance on all non-performing assets typically results in a highly profitable performing note portfolio.
Our experienced secondary mortgage marketing team continually reassesses market conditions to determine the market value of the remaining assets and the sell/hold decision based on the present market value of the portfolio. Remaining true to our individual note strategy, we continue to work to resolution with those borrowers who share the desire to find a win-win solution. Liquidation of our performing portfolios is expected to be realized through the secondary market after a period of sustained cash flow.
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