There are a number of strategic and financial reasons why it might be advantageous for a lender to sell or assign a portfolio of mortgages.

You might be looking to free up capital and inject some liquidity into your business so that you can originate new loans or cover operating expenses. Perhaps you want to exit a particular, possibly non-performing, market by rebalancing the types of loans on your books. Or maybe you just want to avoid the complexities involved in dealing with defaults and enforcement proceedings.

Whatever the reason, DWC Law Group can assist with making sure that your mortgage portfolio sale or assignment transaction is properly structured, documented and legally enforceable. From the initial due diligence involved in reviewing your portfolio to wrapping up post-closing issues such as title insurance, notices to borrowers and possible servicing agreements, DWC Law Group will provide you with the end-to-end support you need to actually transfer all of your rights and obligations to a new party. You do not want to be left exposed to liability while another lender reaps the financial rewards of the loan portfolio.