Use Bank Assetpoint to supplement organic loan growth by helping your bank to find performing assets to acquire in targeted geographic and/or industry segments. The Bank Assetpoint marketplace enables participants to search a wide array of loan types:
- C&I loans, including asset-based lending and equipment financing
- Secured and unsecured consumer loans
- CRE loans
- Loan participations
Additionally, your bank can use Bank Assetpoint to pursue opportunities that might otherwise be beyond its internal lending limits. How? By creating and marketing loan participations to a nationwide network of more than 1,300 banks and other loan buyers. This can help your bank to satisfy its larger customers’ borrowing needs and protect those customer relationships from competitors.
Bank Assetpoint can also help your bank to acquire loans that meet its lending requirements under the Community Reinvestment Act.
In addition, Residential Mortgage Network can help your bank to access pools of residential mortgage whole loans within or beyond its existing footprint by leveraging Residential Mortgage Network’s team of mortgage professionals, an experienced team with in-depth knowledge of banks and the residential mortgage market. Your bank can choose mortgage pool product types consistent with its asset goals, including its CRA requirements. Purchases of mortgage pools can be on a one-time or a bulk basis, or a connection can be established with mortgage sellers for flow transactions based on your bank’s predetermined specifications. Residential Mortgage Network professionals can also help your bank identify correspondent relationship opportunities.
Read testimonials and case studies about Bank Assetpoint to learn more about how participants are successfully using Bank Assetpoint, or take a tour, or visit bankassetpoint.com for more informtion. Alternatively, feel free to call (866) 899-5799.