Fitzgerald Advisors, LLC has partnered with various experienced firms to offer Credit Unions the chance to sell performing and sub-performing assets, as well as liquidate non-performing and charged-off debts. Asset sales allow banks to regain capital that is lost during a recession — freeing up loan officers who are worried about poorly performing loans.
Fitzgerald's initiative also frees them from having time spent on perpetually monitoring their portfolio of mortgage debt in order for it not be sold at discount rates or incur losses due arising out of delinquencies—leaving enough manpower left over so they can focus more on generating new income streams through lending practices like shared branching services which have shown consistent growth within small markets that were previously inaccessible by larger banking institutions.
We advise banks on all kinds of performing and on-Performing asset management issues – from consumer loans to mortgages, secured commercial notes to REO. We can help you in clearing out your problem assets or finding someone who can assist in getting them removed.
If you're interested in speaking, please use the link below to find an open time in my schedule for us to talk.
Conclusion: The credit union landscape is changing, and Fitzgerald Advisors can help. We’ve partnered with other experienced firms to offer Credit Unions the chance to sell performing and sub-performing assets, as well as liquidate non-performing and charged-off debts. Asset sales allow banks to regain capital that is lost during a recession — freeing up loan officers who are worried about poorly performing loans. Fitzgerald's initiative also frees them from having time spent on perpetually monitoring their portfolio of mortgage debt in order for it not be sold at discount rates or incur losses due arising out of delinquencies—leaving enough manpower left over to focus on new business development efforts like opening branches outside designated service areas (DSAs) or offering more competitive products within their network.
