Vanderbilt Capital Investments
VCI allows financial institutions to get into the mortgage business without any infrastructure, licenses, or capital requirements.
Banks, investors, servicers and credit unions who are inundated with under performing mortgages and sub-prime loans, VCI will buy the paper and arbitrages the interest rates in the open markets. Credit unions who currently do not offer mortgages will have the opportunity to sell under their own brand, and their members will not have to go elsewhere for their mortgages. VCI will be servicing the loans, with not capital outlay to the credit union.