Business Details
36 Years
experience
Trusted Mortgage Loan Acquisition Services
The Mortgage Acquisition Company has been a principal buyer of closed mortgage loans since its predecessor entity was established in 1990. Specializing in acquiring scratch and dent loans, bridge loans, commercial mortgage loans, and sub-performing/note-performing loans, we provide rapid and professional liquidation of closed mortgage assets. Our expertise lies in evaluating and pricing loans individually, recognizing intrinsic value even when traditional lenders decline them. With decades of experience in capital markets, we focus exclusively on previously funded loans, offering tailored solutions for licensed originators and secondary market sellers.Our team of seasoned professionals maintains strong relationships with national mortgage banking companies, enabling us to facilitate private money finance options across key markets. We operate with a commitment to transparency, efficiency, and client-centric service, serving clients in Florida, California, and Texas while maintaining rigorous standards of professionalism.
Services
Scratch and Dent Loans
Bridge Loans
Commercial Mortgage Loans
Sub-Performing Loans
NPL Loans
Junior Lien Loans
Private Money Mortgages
Details
- Year established: 1990
Highlights and features
- We have over 30 years of experience in closed mortgage loan acquisitions.
- Our team specializes in pricing complex loans individually for fair valuation.
- We serve key markets in Florida, California, and Texas with localized expertise.
- We maintain established relationships with national mortgage banking companies.
- Our professionals offer rapid, transparent liquidation of mortgage assets.
Services
Scratch and Dent Loans
We acquire loans rejected by traditional lenders due to guideline discrepancies. Our team evaluates these assets individually, identifying intrinsic value through detailed analysis of collateral and borrower profiles to ensure fair pricing for sellers.
Bridge Loans
Our bridge loan acquisitions focus on secured residential, commercial, and mixed-use properties. We specialize in fix-and-flip loans, junior lien positions, and loans with maturity date extensions, providing liquidity for transitional real estate assets.
Commercial Mortgage Loans
We purchase commercial mortgage loans secured by diverse property types including multifamily units, retail spaces, and mixed-use developments. Our expertise covers low LTV transactions and business-purpose loans in key markets.
Sub-Performing Loans
Our acquisitions include sub-performing loans requiring specialized servicing. We focus on assets with viable repayment potential, leveraging our experience to restructure and manage these portfolios effectively.
Junior Lien Loans
We acquire junior lien loans with low combined loan-to-value ratios. Our focus is on substantial second lien positions relative to senior liens, ensuring collateral protection while providing liquidity to sellers.
People
Kenneth A. Cohen
Chairman/CEO
Kenneth A. Cohen leads TMAC with over 30 years of experience in mortgage finance and legal practice. A UC Berkeley law graduate, he previously chaired Carter, Smith & Co and The Bank of Beverly Hills, building expertise in complex loan acquisitions.
Cecilia Ma
Senior Consultant
Cecilia Ma serves as Senior Consultant at TMAC, leveraging her UC Santa Barbara education to support transaction analysis and client relations. Her role focuses on evaluating loan portfolios and facilitating acquisition processes.
Questions
What types of mortgage loans do you acquire?
We specialize in scratch and dent loans, bridge loans, commercial mortgages, sub-performing loans, and junior lien loans with low LTV ratios.
How do you determine pricing for acquired loans?
Each loan undergoes individual evaluation considering collateral value, borrower history, and market conditions to ensure fair, competitive pricing.
Which states do you operate in?
Our primary markets include Florida, California, and Texas, with nationwide capabilities for qualified transactions.
How quickly can you complete a loan acquisition?
We prioritize rapid execution, typically closing transactions within 30-45 days after receiving complete documentation and due diligence materials.
What experience does your team have?
Our leadership has over 30 years in mortgage finance, including legal expertise and executive roles at major financial institutions.
