Operating Under the Ex Nihilo Standard
Institutional Stewards of
Distressed Mortgage
Capital
Expert NPL Resolution · Performance-Fee · No Overhead
New Day Asset Management resolves non-performing mortgages through disciplined workout — maximizing recovery, preserving homeownership, and delivering institutional-grade reporting to every partner we serve.
Two Ways to Partner
You Bring the Portfolio.
We Bring the Resolution.
Whether you hold distressed mortgage assets or need a trusted operator to build and manage a portfolio for you — our performance-based structure aligns our success with yours.
Mortgage Workout Services
You own the mortgages. We manage every stage of resolution — borrower engagement, modification structuring, reinstatements, and liquidation strategy — entirely on a performance-fee basis. No staffing. No overhead. Fees earned only when you recover value.
Borrower outreach initiated within 30 days of boarding
Hardship assessment and resolution pathway structuring
Pre-authorized legal network at Fannie/Freddie pricing
AI-augmented sentiment scoring and call scheduling
24/7 blockchain-backed Vault reporting access
Quarterly scorecards and full audit trail on request
Joint Venture Capital Partnership
Don't have a portfolio yet? You deploy the capital. We source, vet, and acquire the NPL pool — then manage every workout from intake through resolution. Your capital works. Our team executes. Proceeds are split 50/50 after return of capital and direct workout expenses.
New Day sources and underwrites every loan before acquisition
Segregated capital — no cross-collateralization between pools
Third-party custodian, fully independent from operator
Target net yield: 15%+ annualized (asset and deal dependent)
Right of first refusal on future pool opportunities
Quarterly scorecards and full audit trail on request
Who We Serve
Built for Institutions
That Demand Results.
Our partners hold mortgage assets — or the capital to acquire them — without the internal infrastructure to resolve them at scale. We fill that gap entirely.
Mortgage & Note Funds
Funds holding $50M–$1B in NPL portfolios without internal workout capacity. We serve as your dedicated resolution operator on a performance-fee basis.
Family Offices
Passive capital partners seeking secured, asset-backed yield with institutional governance, third-party custody separation, and no operational involvement required.
Community Banks & Credit Unions
Regulated lenders managing NPL concentrations who need compliant, documented resolution processes without building internal workout teams.
Housing Finance Agencies
Quasi-governmental entities requiring default servicing partnerships with mission alignment — borrower retention and community impact built into every resolution.
Emerging Credit Funds
New funds entering the distressed mortgage space who need scalable NPL infrastructure and institutional-grade reporting without building it from scratch.
Private Lenders & Operators
Mortgage operators holding non-performing positions who value borrower-first resolution strategies over liquidation — and need a partner with the track record to prove it.
Ideal Partner Profiles
Qualification criteria for both service tracks
Mortgage Workout Client
Holds NPL portfolios of 20+ mortgage assets
$50M–$1B in mortgage notes under management
Lacks internal workout team or capacity
Requires compliant, documented resolution processes
Values borrower retention and community impact
Florida or national geographic footprint
Capital Partner (JV)
$1M–$7M deployment capacity per pool
18–24 month investment horizon
Preference for secured, asset-backed yield
Values third-party custody and institutional governance
Accredited investor — individual or institutional
Seeks passive exposure, no operational complexity
Track Record
Performance Built Over
a Decade of Execution
In practice since 2013. NDAM formally incorporated 2019. Every metric below is earned through disciplined, borrower-first resolution — not liquidation.
<1%
Foreclosure Rate
We exhaust every resolution pathway — modification, reinstatement, short sale — before foreclosure. Sub-1% is not a target. It is our standard.
~93%
Collectability Rate for RPLs
Across the managed portfolio. Our borrower-first engagement model converts non-performing assets into re-performing loans at scale.
1,000+
Mortgage Assets Under Management
Every asset managed under the same institutional process — regardless of pool size or geographic footprint.
3%
Monthly Resolution Rate
~3% of portfolio resolved monthly. Consistent throughput driven by AI-augmented operations, a national attorney network, and licensed servicer partnerships.
The Phoenix — NPL Rebirth
Every non-performing loan represents a homeowner and an asset waiting to perform again. Our 93% collectability rate is proof that transformation — not liquidation — is the right strategy.
The Shield — Capital Protection
Third-party custody separation, no cross-collateralization between pools, and institutional-grade governance at every stage. We protect investors and homeowners alike.
The Forge & Hammer — Structured Outcomes
We take raw distressed assets and build durable, documented resolutions. Modifications structured to hold. Reinstatements that stick. Every resolution built to last, not rushed to close.
Partnership Structure
How the Economics Work
Performance-only fees. Our incentives are fully aligned with your outcomes. New Day earns nothing until you recover value.
JV Capital Partnership — Waterfall
Proceeds from every resolved loan flow in this order
Mortgage Workout Services — Performance Fee Schedule
All fees performance-based. New Day earns only when you recover value.
Resolution Type
Fee
Notes
Payoffs
TBD upon portfolio review
Net Profit = Resolution Proceeds − Acquisition Cost − Direct Workout Expenses
Reinstatements
TBD upon portfolio review
Borrower reinstates loan to performing status
Loan Modifications (NPL → RPL)
TBD upon portfolio review
FMV of RPL at 12% yield discount
Modification Down Payment
TBD upon portfolio review
Applied when modification includes upfront payment
Foreclosure / REO Disposition
TBD upon portfolio review
Only pursued after all other resolution paths exhausted
Due Diligence / Boarding Fee
$85 (1–100) · $75 (101–250) · $60 (251–500)
Per loan. Custom pricing above 500 loans.
Pre-Authorized Legal
TBD upon portfolio review
National attorney network at Fannie/Freddie pricing guidelines
Tail Fee (if removed pre-resolution)
TBD upon portfolio review
For loans removed while in active resolution
Mortgage Workout Services — Performance Fee Schedule
All fees performance-based. New Day earns only when you recover value.
Phase 1
01
Portfolio Intake
Tape review, due diligence support, asset-level analysis, collateral file delivery, and onboarding to AI-powered tracking system.
Phase 2
02
Borrower Engagement
Direct outreach to every borrower within 30 days. Hardship assessment, resolution pathway structuring, AI-assisted sentiment scoring.
Phase 3
03
Resolution Execution
Modifications, reinstatements, payoffs, and short sales executed with legal partner coordination and full documentation at every stage.
Phase 4
04
Reporting & Returns
24/7 blockchain-backed Vault access, quarterly scorecards, resolution summaries, proceeds distribution, and full audit trail on request.
Two Ways to Partner
Schedule a
Portfolio Review
Send us your tape. We will return a resolution strategy and fee projection within 5 business days.
Martin Saenz
Founder & Visionary
Info@ndam.ai
Office
1255 N. Gulfstream Ave., Suite 101
Sarasota, FL 34236
Operating Under
The Ex Nihilo Standard
Creating value from nothing through discipline, craft, and relentless execution.