Scratch And Dent Loan Buyers Signs New Deal With Another Mortgage Banker

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The nation’s top scratch and dent loan buyers have added a new mortgage banker to the long list of lenders the company buys loans from. Mortgage consulting firm assists their clients in the sale of closed residential loans to maintain liquidity.

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Get the best price for scratch and dent mortgage loans, or for agency approved "kicked files" call us today 877-889-7474

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RSS has just recently added another mortgage lender looking to sell scratch and dent loans. The mortgage industry has many different elements, from origination to funding. After funding takes place, many smaller mortgage bankers and credit unions sell the loans to the secondary market within a short period of time. Sometimes these funded loans cannot be bought for various reasons, and they have to sell them elsewhere at a discount. The bigger the issue on the file, the bigger loss the mortgage banker will take on the file. is helping their lending partners minimize their losses by having a handful of the largest buyers as partners. The consulting firm knows exactly where to sell each loan based on the issue on the file. This extremely important relationship saves the mortgage bankers time and more importantly money. Focusing primarily on USDA, VA and FHA loans, the consulting firm assists clients in securing market price for good quality loans that may suffer from lender imposed overlays that result in unanticipated fallout. The consulting firm’s partners are not like other companies who promise to give market price, but are only looking for everything “scratch and dent” pricing. By basing decisions on the market movement and conditions, the consulting firm has become a leading source for lending solutions.

The mortgage banker consultants has implemented the latest technology, and is committed to providing a simple process for liquidating mortgage loans stuck on warehouse lines that don’t meet traditional purchasing guidelines, for any reason.’s program is available to all mortgage bankers, community banks, credit unions and regional banks in all 50 States. The consulting firm helps mortgage professionals from critical investors, overly strict guidelines or credit overlays. Kevin Leonar, mortgage expert was quoted, “we help mortgage bankers sell loans that have any type of issues, from true scratch and dent loans, to agency approved loans that were kicked for some reason. We have the capability to price out 1 file, or a pool of one hundred million, this type of flexibility is what makes us the number one choice for most smart bankers.” The company boasts 24 hour price quote on files off a simple excel of some basic information. The company claims to be adding new relationships every week and has built a substantial network of industry professionals. The firm also works with brokers that are looking to go and don’t know how to make the broker to banker transition, and offers them access to the top warehouse line providers. By working with the smallest brokers to the largest lenders, the company is able to assist in many ways that many firms cannot. They are able to bridge the gap in many cases for mortgage professionals looking to grow their business. has been actively looking for those mortgage bankers that are looking to sell scratch and dent loans and helps them clear their warehouse lines. The company uses the best internet marketer in the country to help promote the service. The mortgage banker consultants posts comments on banking blogs and various finance sites about the different residential loan buying programs, and how mortgage bankers can utilize them. The mortgage consulting firm is also continually searching for those looking for mortgage branch opportunities in all major cities in America, and connects them with the banker that fits their needs. The company continues its expansion across the internet and throughout the mortgage community looking for qualified candidates. To learn more about the recruiting firm, or about how to sell a scratch and dent loan, contact the company directly and talk directly to a company representative or visit,

About the company: was started after the mortgage crisis to help struggling loan officers and net branches find mortgage banks that were able to sustain through the tough times. Since then the company has built relationships with banks and brokers throughout the county and helps place mortgage loan officers with job and branch opportunities. The company also helps connect some of their banker clients with a scratch and dent residential mortgage loan buyers to help clear warehouse lines.
Contact: Mason Baxter
Phone: 877-889-7474

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Mason Baxter
Knack Media
+1 (877) 957-2244
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since: 12/2008
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