Institutional Bulk REOs and Notes

for Bulk Notes, please see the recurring product RANGE below that will most likely to come OAV's private channel. At this point please review your best buyers to prepare them to move forward with background information (Who, What, When, Where, How, etc...) and agreements upon notice. We must be prepared to move expeditiously once the bank has agreed to consider OAV private structured transaction channel. We anticipate a reply from the bank by Fiday and need to reply within 24 to 48 hrs. ----------------------ANTICIPATED Recurring Product Range------------------------ *If Your Intended Buyer has a Larger Requirement Just Let Us Know! REO PROPERTIES Bulk Purchase Amounts: $100 - $200 million / transaction Geographic Preference: Nationwide, CA, FL, TX, Las Vegas, MI, OH, AZ, Boston Specific Assets: Single Family, 2 to 4 Family Units, Zero to Light Rehab Required NONPERFORMING NOTES Bulk Purchase Amounts: $100 - $250 million / transaction Type Loans: Conforming - Yes, Nonconforming - Maybe Geographic Preference: Nationwide, MI, OH, FL, CA, TX, Las Vegas Specific Assets: Single Family, 2 to 4 Family Units, Primary Property, Investment Property, First Liens Only, Original LTV's 75% to 85% PERFORMING NOTES Bulk Purchase Amounts: $100 - $250 million / transaction Type Loans: Conforming - Yes, Nonconforming - Yes Geographic Preference: Nationwide, CA, FL, MI, OH Specific Assets: * Range Current Mortgage Interest Rates = 7.0% and up * Range Loan Age = 9 months and older * Original LTV = 70% to 80% * Interest Only, Fixed Rate, ARM * First Liens Only * Refinanced or Cash Out Refinance * Single Family Primary Property * 2 to 4 Family Unit Primary Property * Recent FICO Score 680 and up If you have a motivated buyer! In short to get started the buyer will just need to review and sign the attached agreements, if anything is not working for your buyer let us know, so that we can see if we can conduct business with them. I will contact you today to discuss. Please see the attached documents and procedures. Judy if you need to maintain your corporate branding or identification, you don't have to give the buyer the documents on our letter head. You may use your own letter but the integrity of the documents must be maintained, our attorneys must review any changes. The documents are written to ensure everyone is paid and their information is protected, once you read the documents you will see that this is true. Documents and brief explanations are as follow: Sample Letter of Interest: * Just a sample of how the letter of interest should be submitted to the bank. Buyer Profile: *This for the buyer to tell us exactly what they want. Being that this is a non bidding private channel they tells us what they want and we have they product confirmed. By submitting this document it gets the process started. Note Buyer Process: *This is the 12 step process that must be followed for the banking institutions that we are channeling there note product. Please note that these are negotiated transaction and the principal must be willing to meet principal to principal. The buyer must also know the banks that we deal with are the top 9 or 10 banks in the banking industry that operate with only A paper, and they must know the current market. Basically a sophisticated buyer that understand realistic negotiation and understand that you are not going to find 30 or 50 cent on the dollar for real product. Non-Disclosure: *Due to the fact this is a principal to principal negotiated transaction we must verify the buyer is who they say they are. So we will need to know who they are. So this agreement will protect their information. They can have they their attorney review for the soundness of the agreement. Fee & Non-Circumvent: * The buyer must agree to pay fees, before they are presented to the seller principals. Please view this agreement to make sure that you view the fee structure. Bottom line we don't know what you and your buyer have agreed to a far as fees are concerned. But we are open to discuss. Authorized Agent Sub Agreement: * OAV is all about Full Disclosure so the buyer must also sign this agreement identifying all parties involved and who is to be paid. Resume: * I have attached the resume of the Subject Matter Expert, who is also my partner. It is his relationships with the large banking institutions that allow this private channel to take place. The key decision makers in the banking institutions are formers employees or positive business relationships within these banking institutions. Talk to you soon... E. Tamika Edmond Edmond Consulting Group, LLC Email me at etedmond@sellandbuywithedmond.com