Transactions - Capital Raising
National Default Exchange
Frost Securities served as the financial advisor to National Default Exchange on its recently completed private company recapitalization. Frost Securities was actively involved in structuring the transaction as well as in raising the capital necessary to complete the transaction. Frost Securities provided the Company with detailed analysis concerning a range of potential alternatives prior to the Company's owners electing to pursue the recapitalization avenue. Trinity Hunt Partners provided the financing.
National Default Exchange provides default-related services including, but not limited to foreclosure, bankruptcy and title processing. National Default Exchange represents national mortgage servicers on defaulted loans owned by a variety of investors (Fannie Mae, Freddie Mac, HUD and VA) on properties located in Texas, processing foreclosures, bankruptcies and related activities on first and second lien mortgages (including home equity loans) and consumer property (automobiles, boats, etc.). The Company is the market leader in Texas concerning mortgage foreclosure processing. .