The global COVID-19 pandemic has placed immense pressure on families across America, and many homeowners are now facing what seems an insurmountable debt. First Lien Capital LP is set to support these individuals with innovative debt resolutions designed to remove the stress and worry as the government removes the moratoriums this summer.
As the coronavirus pandemic took hold, social distancing forced many businesses to close, with many shutting up permanently. This has seen unemployment rise, and countless individuals face rising debt. While the government has implemented support packages to help people and, in particular, homeowners, these are now being removed as the world begins to move back to normal.
This is a significant cause of concern for property owners, who are now facing the possibility of losing their homes as they struggle with rising debt. First Lien Capital LP is leading a core of private equity investors in the default mortgage space who are proactively offering resolution options designed to keep people in their homes through trial payment plans and loan modifications.
First Lien Capital LP prides itself on its flexible, caring, and understanding approach, helping those homeowners in their time of distress. The California-based investor aims to set a new standard for servicer oversight and loss mitigation in the mortgage industry and has been providing innovative solutions for over a decade.
Bill Bymel, CEO at First Lien Capital LP added, “As the world edges back to normality and the government begins to remove its support packages, many homeowners are now worried about rising debt and keeping the keys to their property. Our innovative approach is designed to support these individuals, helping to keep them in their home and resolve their debt issues.”
For those looking for more information on First Lien Capital LP, visit https://firstliencapital.com.