Tag Archives: Apollo

Apollo Monetary Group Finding Actual Worth in Distressed Debt Investing

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New York, NY (PRWEB) October 10, 2012

For much more info&#13

Ricky Brava&#13

Dean Anastos&#13

http://www.apollofinancialgrp.com &#13

information(at)apollofinancialgrp(dot)com &#13

866 825 9350

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Apollo Financial Group finding real worth in distressed debt.

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Based in New York, the Apollo Economic Group is making a name for itself in monetary circles by dealing with distressed debt, far more particularly troubled mortgages.

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The business uses a proprietary formula to cherry pick default loans from beneath performing mortgages pools produced by some larger banks. Apollo buys such debts with two items in mind:&#13

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Attaining a substantial return on the investment&#13

Assisting the homeowner who is willing to operate items out on the default debt

According to Apollo CEO Dean Anastos, this creates a win-win for both Apollo and the homeowner.

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We can acquire these distressed debts for really appealing percentage on the dollar, he mentioned. Because we then have significantly less invested than the originating bank, have been in a position to perform with the homeowner to obtain a healthful return on investment. More than the years, history proves distressed debt investing has usually outperformed all other varieties of investment vehicles.

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DEBT INVESTING v. EQUITY INVESTING

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What sets Apollo apart from monetary institutions that make, buy and sell mortgages as a matter of practice is these firms are investing on the equity side of the transaction. By investing in the debt, Apollo does not concern itself with upkeep of the property. Thats the home owners responsibility.

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The real alter is visible when a homeowner is not capable to meet the terms of the original mortgage. Apollo is in a position to operate with the homeowner in approaches standard mortgage holders cant, so the homeowner has more incentive to pay off the debt. Loan modifications are much easier to make beneath a distressed debt sale. Most home owners will go to considerable lengths to keep their home, Mr. Anastos mentioned.

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Due to the fact the upfront investment is less, Apollo has room to operate with the homeowner to decrease the principal, the interest price or both.

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Apollo Senior Companion Ricky Brava said due to the fact this is the way distressed debt investing works, it tends to be a lot more secure than other investments.

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“As a specialist investor, the variables that always reign supreme are Security and ROI and distressed debt investing provides both, he said. At Apollo, we are major the way in this type of investing. Our track record shows we have a wholesome history of each ROI and keeping the initial investment safe.

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SECOND MORTGAGES

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Apollo buys 1st and second mortgages, understanding there is a greater threat connected with a second mortgage. Due to the fact of this, the terms to acquire such debts are usually a lot more eye-catching also.

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If you can acquire the second mortgage at a sharp discount, then you clearly have much less invested than the company which produced the second mortgage. Because you have less invested, you can take significantly less in monthly payments and nonetheless understand a satisfactory profit, Mr. Anastos said

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Apollo buys and sells distressed debts. These mortgage notes are supplied to registered clients. For a lot more details about purchasing and promoting mortgages or the distress debt enterprise in common, go to their Distressed Debt trading website. You may possibly also pay a visit to them at their Facebook page .

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For much more data pay a visit to http://www.ApolloFinancialGrp.com or contact 866 825 9350.

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Related Loan Modification Press Releases

Apollo Monetary Group Lobbies Congress – Requests Assessment of Legislation Relating to Taxation of Loan Modifications

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New York, NY (PRWEB) October 31, 2012

by Bill Cooper Anderson

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For instant release

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Apollo Economic Group lobbies Congress to request review of legislation on taxation to the debt holder supplying loan modifications on acquired debt.

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Earnings tax law makes federal government complicit in home foreclosures against American property owners.

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A federal earnings tax law on loan modifications is producing mortgage holders and investors pay taxes for revenue they have not received.

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The law says any time loans like mortgages are modified, the modified loan may be subject to earnings tax. The tax has to be paid even though the modified loan has not generated the earnings getting taxed. This is known as a phantom earnings tax. The law is Title 26 of the IRS Code, 1.1001-3

Apollo Financial Group Lobbies Congress – Requests Review of Legislation Regarding Taxation of Loan Modifications

Posted on by


New York, NY (PRWEB) October 31, 2012

by Bill Cooper Anderson

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For immediate release

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Apollo Economic Group lobbies Congress to request assessment of legislation on taxation to the debt holder offering loan modifications on acquired debt.

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Revenue tax law tends to make federal government complicit in house foreclosures against American homeowners.

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A federal revenue tax law on loan modifications is making mortgage holders and investors spend taxes for revenue they have not received.

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The law says any time loans like mortgages are modified, the modified loan might be subject to revenue tax. The tax has to be paid even although the modified loan has not generated the earnings getting taxed. This is recognized as a phantom income tax. The law is Title 26 of the IRS Code, 1.1001-3

Apollo Economic Group Unveils Advantages of Distressed Debt Investing at New Seminar

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New York,NY (PRWEB) November 29, 2012

As foreclosures continue and men and women seek appealing earnings investment possibilities to bolster their portfolios New York primarily based Apollo Financial Group promotes the benefits of investing in mortgage notes at a new seminar.

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With a housing recovery underway true estate has as soon as once more rapidly become a single of the hottest and most talked about investment sectors. Nonetheless, enhanced competitors in the residential space, such as many billion dollar private equity funds moving in to obtain distressed properties and convert them to rentals has dramatically lowered the availability of bank owned REOs and elevated the bidding frenzy at foreclosure auctions according to reports by Bloomberg.

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What several typical Americans and investors may not understand is that there is a far bigger pool of distressed debt and non-performing mortgage loans out there, than there are REOs. According to the numbers released by 7,249 U.S. banks at the finish of the 3rd quarter they held just over $ eight.7 billion in REOs. In contrast, these financial institutions also revealed they presently have more than $ 246 billion in late and non-performing residential loans on their books which are 30 to more than 90 days delinquent.

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On the firms internet site Apollo Economic Group reports that it has been in a position to cherry choose from this pool of default loans to obtain superior returns. The premise is that although there are several exit approaches for note purchasers, numerous of these borrowers want to fix their scenario and maintain their properties. This supplies an chance for income investors to get pleasure from steady streams of passive earnings, even though assisting the banks to shed distressed debt and enabling property owners to preserve their residences via loan modifications.

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This is clearly a new notion for a lot of investors. Dean Anastos, CEO at Apollo Economic Group says, 99% of real estate investors invest on the equity side. Debt investing is a distinct ballgame that can be just as profitable with just a fraction of the headache.

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Note investing has been a growing trend given that the housing crisis started but few folks actually understand how it works or what tends to make a sound and profitable investment. This is exactly why Apollo Financial Group decided to launch the upcoming National Note Seminar in Las Vegas.&#13

The occasion getting held at the Aria Resort &amp Casino on December 2nd aims to educate more investors on the advantages of distressed debt investing by way of mortgage notes and share the approaches of profitable investing which have contributed to Apollos success.

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Additionally, on December 1, Ricky Brava, senior companion at Apollo Economic Group has also been invited to speak as one particular of the primary speakers at the Difficult Income Pitbull Conference. Ricky Brava specializes in turning a non performing asset into a performing one particular and will discuss the functions of this type of alternate investing to the sophisticated group of people who attend Leonard Rosen’s annual occasion.

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For these desiring more information on the occasion in Las Vegas or note acquiring Apollo Economic Group can be discovered on the net at http://apollofinancialgrp.com/.

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Apollo Financial Group Shows How Principal Forgiveness Can Work for Fannie Mae

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Miami,FL (PRWEB) May 15, 2013

Distressed debt investment experts, Apollo Financial Group demonstrate how Congressional Budget Office plan to cut home loan balances could work for Fannie Mae and Freddie Mac.

Apollo has been purchasing, selling and modifying distressed mortgage debt, creating win-win solutions for parties on both sides of the issue, and generating attractive yields for investors, while helping to ease the current burden facing U.S. taxpayers.

New debates are being fueled by the May 2013 release of a new Congressional Budget Office (CBO) report supporting the Treasury Departments push to force Fannie Mae and Freddie Mac to embrace principal forgiveness for home loan borrowers. The Federal Housing Finance Agency (FHFA) that regulates Fannie and Freddie has so far resisted the move, but this could change with President Obamas nomination of Rep. Mel Watt as the new head of the agency.

Coverage of the debate on the Wall Street Journal blog on May 6th, 2013 highlights the FHFA stance, whom has repeatedly argued that principal reduction of mortgage balances does not justify the costs and promotes moral hazard; encouraging more borrowers to strategically default on their loans.

Backing up the Treasurys proposed program, the CBO report identified significant government savings from allowing principal reduction on Fannie Mae and Freddie Mac loans. Depending on the exact execution of the initiative the report estimates the government could save almost $ 3 billion.

Government savings in the billions of dollars range could clearly provide significant potential relief for taxpayers as it trickles down and reduces the need to raise taxes further.

While the debates rage and decisions continue to be delayed New York based, Apollo Financial Group has already been proving that principal reduction can work for both note holder and borrower. As a substantial buyer of non-performing notes, Apollo makes it work as the note holder by working out favorable outcomes with homeowners to resolve the default. Spokesman for the Wall Street distressed debt investment, Dean Anastos says the companys proprietary model has proven extremely beneficial for all involved, while delivering superior returns to investors.

In fact, homeowners enjoy double tax benefits from this form of resolution. Not only does the government avoid major losses that would need to be padded by increased taxes, but the individual borrowers involved dodge huge personal tax bills by accepting loan modifications with principal reductions prior to the expiration of the Mortgage Debt Forgiveness Act.

On the flip side Apollo also empowers investors to achieve attractive yields, fuel wealth building and help the wider economy by alleviating the burden on tax payers, by becoming distressed debt note buyers themselves and tapping into the channels and relationships the firm has developed. Some of the recent media coverage of the firms progress can be seen in this video.

Those interested in finding out more about how note buying works and how principal reductions can be profitable for note holders will find more information on Apollo Financial Groups website http://apollofinancialgrp.com, where dates and locations of upcoming live educational events on the subject can also be found.







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