The Institution InAfter Foreclosure Assets.
We acquire and recover surplus equity left by foreclosure sales, and give accredited investors access to the claims.
Past performance is not indicative of future results.
$5 billion,overlooked by the market.
Market size is a Milan CM estimate; see Sizing the market.
When a foreclosed home sells for more than is owed, the difference belongs to the former owner. Most never claim it. By our estimate, billions wait in courthouses and trustee accounts across more than 3,000 counties.
Milan CM built the institutional infrastructure to recover it: the data to find each claim, the compliance work to file it correctly, and the operations to carry it through the court to payment.
After Foreclosure Assets
Packages of confirmed claims, offered to accredited investors with a stated return and a short payout window.
Private Markets Partners
Offer after foreclosure assets to your clients, on a platform that carries your name.
Milan CM Research
Our work on the legal, market and operational structure of the asset class.
The life of a claim
Foreclosure sale
A property sells for more than is owed against it.
Surplus held
The difference is held by a court, trustee or state program.
Claim acquired
We acquire the right to the surplus from the verified former owner.
Filed
We file in the correct venue and carry the claim to an order.
Released
The court or trustee releases the funds.
Paid
Proceeds are paid to the investors in that claim.
Timing varies by state, court and claim. Each package states its estimated payout window.
“Markets like this one do not stay inefficient. We intend to be the institution in this one.”
We do what we say we’re going to do.
Transparency
Every purchase comes with its agreement and Due Diligence Packet.
Compliance
Within each state’s framework. No exceptions.
Alignment
We keep a share of every claim. We are paid when our investors are.
Rigor
We don’t list what we can’t execute.