Mission Capital
SERVICES
COMMERCIAL LOAN SALES
COMMERCIAL MORTGAGE & CMBS LOANS
ACQUISITION, DEVELOPMENT & CONSTRUCTION
BANKRUPTCY CLAIMS
INTERNATIONAL
RESIDENTIAL LOAN SALES
RESIDENTIAL MORTGAGE LOAN SALE ADVISORY
FANNIE MAE/FREDDIE MAC LOAN SALES & DELIVERIES
DEBT AND EQUITY FINANCE
LOAN PORTFOLIO VALUATIONS
The cornerstone of Mission Capital’s business is the accurate valuation of performing, sub-performing and non-performing loans, loan portfolios and the underlying real estate or business assets which collateralize these loans. Mission Capital values approximately $40 billion of loan assets annually in support of its loan sale advisory practice and as a valuation specialist to banks, financial institutions and the federal government.

Mission Capital utilizes a variety of proprietary financial models in its valuation approach: Constant Default Rate model for performing single family loan portfolios; Probabilistic Model for single family loans which utilizes various valuation scenarios and weights them based on a loan’s exhibited risk factors; Risk Adjusted Yield Model, which determines the value of seasoned performing commercial loans based on investors’ yield expectations adjusted for risk factors; Senior-Sub (Restructure) Model, which considers collateral value (or lack thereof) in restructured loans; Default/Foreclosure Model, which considers all costs and potential delays (for bankruptcy, foreclosure, etc) associated with the foreclosure and sale of the collateral and considers state by state timelines.

In support of its property valuations, Mission Capital utilizes proprietary discounted cash flow, IRR waterfall and leveraged/unleveraged return models as well as Argus.