FCI Exchange has announced the launch of its redesigned online trading site, which the California-based company says makes buying and selling notes simpler and faster for transactions involving both individual notes and bulk deals.
The FCI Exchange platform allows buyers and sellers to trade mortgage notes securely and privately. The system helps guide clients through every step of the buy/sell process, and FCI Exchange staff closely supervise all aspects of the transaction.
Ken Furst, president of Brunswick Mutual in Las Vegas, commented, ""The privacy and simplicity, along with the tools such as the Note Investment Strategy Model allows me to take a look at all of my exit strategies before placing an offer. This Web site has been a great source of product for both performing and non-performing notes.""
FCI Exchange provides buyers with accurate information, including never before seen live servicing data, to use for their investment decisions, according to a statement from the company.
Equally important, FCI Exchange says buyers and sellers can feel confident that their transaction will close compliantly through the interactive, step-by-step transaction summary and then move smoothly into servicing. The FCI Exchange team will also provide due diligence services for registered users upon request.
""The technology of this Web site, including live data feed from the servicer, exceeds all other Web trading platforms I have ever used,"" said Jack Krupey, CEO of WNY Advisors in New York.
FCI Exchange describes itself as the original Web trading platform linked to a servicer."" Since 1982, its sister company ""FCI Lender Services has offered a full spectrum of private money loan servicing, collection, and foreclosure services on a national level.
With professionally supervised note trading and compliant closings, FCI Exchange boasts a format that strengthens buyers' and sellers' confidence levels to achieve faster decisions and fair prices. In addition, FCI Exchange says it will assist with any unforeseen issues even after the sale is completed.
FCI Exchange has listed over $1.5 billion of first and second trust deeds and mortgages throughout the United States. The company notifies registered users of newly listed notes, note pools, and featured notes of the week.