Orange County home loans were sold off at half price to real estate entrepreneur, Robert Campbell; who purchased 99 mortgages from an investment bank.

Mr. Campbell paid 50 cents on the dollar of the total unpaid balance. The properties were spread out across California, Oregon and Washington.

The difficult real estate market has demanded increasingly creative solutions to ensure that real estate investments retain their value.

The government, banks and investors are attempting to find credible restructuring instruments for mortgage assets, that help homeowners to continue to make their payments.

Mr. Campbell has assembled a talented real estate team, which will use an array of different financial strategies to assist homeowners in mortgage repayment.

Some of the loans might be resold, if located together. Short sales are also a possibility. One of the overriding goals for investors is the maintenance of a positive income stream with the mortgages.

Mr. Campbell's team can also modify loan arrangements; as long as homeowners continue to make payments during a "probationary period", they might qualify for a lower interest rate.

Challenging economic times call for complex financial solutions. Orange County is hoping that clever entrepreneurs (like Mr. Campbell), will find a way to balance all interests - so homeowners, banks and investors will all benefit.