National Loan Exchange, Inc. Announces Changes in Resale Structure

National Loan Exchange, Inc. (NLEX) has announced that Chris Jenkins will be managing all resale transactions. Mr. Jenkins has spent the last 18 months as buyer representative. “Chris has done a great job for NLEX as buyer representative,” says Dave Ludwig, President/CEO of NLEX. “We feel he will do an excellent job using his established relationships with buyers in representing their resale portfolios.” Helen Davidson has assumed responsibilities as buyer liaison with NLEX.

NLEX has also revamped its resale process, requiring more disclosures from the reseller regarding insurance, financial status and chain of title. “We have also updated NLEX.com to direct buyers interested in resale portfolios to our Resales section of Current Offerings,” adds Ludwig. “This will allow buyers to focus on a separate webpage regarding resale opportunities.”

About National Loan Exchange, Inc.
National Loan Exchange, Inc. (NLEX) is an industry leader in brokered portfolio sales, with approximately 20 years experience and greater than $50 billion dollars in executed transactions. NLEX markets performing and nonperforming loan portfolios, through a variety of channels, to private and institutional buyers.