Since 1993, Mountain Funding has been one of America's leading private lenders and investors for land acquisition, residential development and construction, condo conversions, and value-added commercial repositionings. At the same time, we are also experienced and successful developers and asset/property managers, specializing in the workout and development or stabilization of these assets for our own account and for our co-investors. By combining our capital strength with our proven management and development capability, we are able to offer to third-party financial institutions a unique "joint NPL REO asset management and capital program" for distressed NPL and REO portfolios, providing one-stop financing, real estate workouts and bankruptcy financing or servicing. By being willing to invest debt or equity in the distressed asset, we are showing that fee generation is not necessarily our primary objective—maximization of capital return and minimization of principal risk is our common agenda.