Midwest

read moreMidwest remains a highly regarded, trusted strategic adviser by financial institutions, third-party brokers, and investment partners. By executing quickly and confidentially through a proven underwriting and asset purchase process, Midwest makes it its mission to develop and execute value-maximizing loan resolution strategies that deliver the highest value and certainty of close to financial institutions and its partners, while providing reasonable, risk-adjusted returns to our investor partners.

read moreMidwest Asset Acceptance Group is an industry-leading asset management and loan servicing company focused on the management and resolution of purchased loan portfolios. Our mission is to develop and execute value-maximizing loan resolution strategies that are responsive to the needs of our clients. To that end, Midwest has managed in excess of $5 billion in loan portfolio investments. Midwest boasts a team of 45 asset management and servicing professionals including attorneys, accountants, loan officers, real estate specialists and credit analysts.

read moreMidwest Financial Group prides itself on an expert underwriting process honed over the course of several years and hundreds of transactions. Midwest's underwriting strategies can vary depending on the nature of the assets, the size of the portfolio, the information provided by the seller, and other variables. Most underwriting projects occur on an accelerated timeline. In fact, it's rare to have more than 30 days from the date a decision is made to pursue a project until the date that the final bid is due.

read moreSpecial services relate to servicing activities undertaken to maximize partner return on subperforming and nonperforming loans. As there are many different ways an asset can go bad, there are many different resolution strategies Midwest undertakes. However, each resolution strategy is always focused on maximizing value to Midwest's partner. Midwest promptly notifies its partner upon receipt of any notice indicating: an obligor is in bankruptcy; any collateral is subject to legal process; and any other information that may materially and adversely affect the value of our partner's rights and remedies in the assets, the asset's collateral and/or REO.