True Investments, LLC Acquires $11.3 Million in Non-Performing Residential Mortgage Loans

By David Lee

Feb 21, 2013 03:54 PM EST

True Investments, LLC, a privately owned real estate investment company, has announced the cash acquisition of $11.3 million of non-performing residential mortgages. The company, which closed on the acquisitions within 10 days, made the recent investment with the goal of modifying borrowers and improving affordability through principal and payment reductions. 

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