CMI purchases nonperforming notes for one reason: their advantages far surpass traditional real estate investments. The objective in purchasing nonperforming notes is to incentivize the borrower to begin making their payments. Many of the nonperforming notes we purchase have 15 to 20 years until the maturity date of the Note. It therefore allows us an opportunity to collect monthly payments for a very long period of time.

By comparison, nonperforming notes as an investment are much more predictable than the stock market. The stability they offer is unlike any stock or mutual fund; the Nonperforming Note is secured by a Mortgage or a Deed of Trust (real estate). You always have the safety net of the real estate to fall back on in the event that the borrower is unable to pay.

In short, we teach people how to "Be the bank." Banks have amassed enormous wealth in real estate finance because they have been able to control the asset and the income stream of real estate without any headaches of ownership. A homeowner does not call their bank (lender) when the roof begins to leak, they call a roofer. A tenant who lives in a rental house does not call the bank (lender) when there is a major plumbing problem in the house, they call their landlord or a plumber. The bank (lender) gets paid first and every month or the homeowner may risk losing their property in a foreclosure sale. Wouldn't you want to be the bank? Guess what, you can when you purchase a Nonperforming Note. Nonperforming Notes are truly "An Investment like No Other."