Performing Note: Any note that is current or one or two months delinquent, according to its original or modified terms. The known situation for each note should be disclosed.

Non Performing Note: Any note that is three months or more delinquent. The known situation for each note should be disclosed.

Loan Pools: A group of notes that may be Performing, Non Performing or mixed. The group of notes is for sale as one Product unit only (no splitting).

Newly Originated Note: A Note of any type that has just been made and just closed. The originating Broker/Company is now ready to assign (or sell) the note to an investor. These are highly desirable notes for many investors because of loan to values (LTV) ranging from very low LTV's to market standard LTV's, and interest rates ranging from much higher percentages to market standard rates. The originating Broker/Company may have a Note Rate and a Sold Rate. For example the note was originated at a Note Rate of 12% and is being sold to the investor at a Sold Rate of 11% with the Broker/Company keeping 1% as additional monthly compensation (also known as a "spread"). The Broker/Company will typically continue to monitor the note through the servicer, and provide guidance to the investor.

Diamond Program:

The Diamond Program is an industry first. Newly Originated Notes, Performing or Non Performing Notes are put into loan servicing with FCI Lender Services (just a $45 set up fee). FCI will "scrub" the notes by going through each document to help create a compliant and complete loan package for sale. There is a live data feed between FCI Lender Services and FCI EXCHANGE that will allow qualified Buyers to view live account activity, loan history and related documents. Buyers will see the most up to date information ever offered on Notes For Sale, and be more confident making acceptable offers.

Loan Investment Strategy Model:

This is a sophisticated, but user friendly, live calculating model that allows any registered Client to calculate and project potential returns on a specific Note Purchase. It shows what the total Return On Investment (ROI) and Annual Percentage Rate of Return (APR) are projected to be if the note were retained, sold, refinanced, loan short paid, property short sold, loan foreclosed and property sold, or Note sold at foreclosure sale. The user can change many variables and the model will instantly recalculate.

My WATCH LIST: A personally selected list of notes that a registered client wants to monitor. Anything listed on the site can be put on My WATCH LIST. Buyers may want to track and receive updated offer activity on notes or Loan Pools. Sellers may want to track their notes and Loan Pools and other similar product for sale.

My WISH LIST: Allows registered clients to select parameters and create a custom search engine. Buyers use this to find just the investments they want. Sellers can use this to look for notes being sold similar to theirs. Clients will receive email notification of any newly listed product that fits the selected parameters.

Transaction Summary:

A complete journal of The 20 Steps of the Buy/Sell and Close process. This is where particular offers made by the Buyer are countered, accepted and moved through the Closing process, or rejected by the Seller. Each step is shown to both parties, time stamped and then checked off as it is completed. The Buyer and Seller will know exactly where each is at in the process, and what needs to be done next.

My Offers:

This is the control area for buying Notes. There is a Pending Offers section where particular offers made by the Buyer are countered, accepted and moved into the Closing Process, or rejected. All the steps of the Closing Process for the Buyer of a particular note are handled here. There is also a journal of all offers made by the Buyer and the results.

My Notes For Sale:

This is the control area for selling Notes. There is a Pending Offers section where Offers made on a particular note are countered, accepted and moved into the Closing Process, or rejected. All the steps of the Closing Process for a Seller of a particular note are handled here. There is also a journal showing the activity on each note the Seller has for sale.