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HOW TO SELL NOTES



How to sell notes


To sell Newly Originated Notes, Performing Notes, Non Performing Notes, and Loan Pools on the FCI EXCHANGE trading platform, simply follow the 3 Steps below. If you are listing more than 10 Notes ,or a Loan Pool, we will email you an Excel Spread Sheet to complete and email back. For assistance, please email your request to admin@fciexchange.com or call our customer service department (800) 931-2424 x750.

Provide as much information about the product for sale as you can. Remember that buyers respond faster and will often pay more when more information is supplied. Consider adding a number of photos to your listing, as well as a current independent BPO or an Ownership & Encumbrance Report, both available from FCI under Due Diligence Options..

Please note that FCI EXCHANGE is a supervised Note trading platform only and has no involvement in, or control over, a Seller's asking price or a Buyer's offering price. To assist in fair disclosure, Sellers are required to put down an asking price. In the event a Note listed individually or in a Loan Pool becomes an REO before a trade is completed, the Note must be removed from the website or reclassified as an REO. As an additional service, we offer REO Management and Sales with FCI Lenders Services at www.trustfci.com or call 714-282-2424, ext 226 for more information.


"Diamond" Program

The Diamond Program is an industry first that provides the most information and credibility to Buyers for the Notes and Loan Pools being sold.

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 have the most up to date information ever offered on Notes For Sale. Informed Buyers are more comfortable making offers and typically make higher offers. For more information about FCI Lender Services, click on www.trustfci.com

There are no fees to use this site until, and unless, a transaction closes. FCI EXCHANGE uses this performance based fee structure to ensure Sellers get their money and Buyers get their Product before the site earns its Seller Sale Processing Fee.

To update information on an existing Note or Note Pool For Sale go to My Notes For Sale.The previously filled out information will appear, simply make any changes and click "Submit"

Use of this Web site constitutes acceptance of FCI EXCHANGE Terms of Use for Trading on This Site and the Website Usage Terms & Conditions
8190 E. Kaiser Blvd, Anaheim Hills, CA 92808 | Phone (800) 931-2424 | BRE # 01022780
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