Wincreek's CPR™ program (Commercial Property Recovery) is used to help banks with their troubled assets and current portfolios of non-performing as well as performing loans. There are many borrowers today who maintain perfect payment records on their commercial mortgages but are in some form of covenant default to the dramatic changes in property valuations and occupancy levels. Wincreek can help these borrowers as well as their banks with the CPR™ program.
Wincreek and its Funds can helps banks across the nation with the following important services:
• Refinance banks’ non-performing loans
• Refinance banks’ performing loans
• Finance purchasers of banks’ REO assets
• Purchase banks’ non-performing notes
• Purchase banks’ performing notes
• Finance purchasers of banks’ notes
• JV with purchasers of banks’ notes
Wincreek's CPR™ program allows banks to clean up their books and strengthen their balance sheets, all helping to raise banks’ compliance with federal guidelines and raise their market values. By helping troubled banks, Wincreek's CPR™ program helps property owners save their properties from potential foreclosures and bankruptcies.