Carpe Aquam Capital Develops No Cost Solution for Housing/Mortgage Crisis

MARLTON, N.J., April 11, 2012 /PRNewswire/ -- Today, Carpe Aquam Capital LLC announces its launch of the BurkeyLoan®. The BurkeyLoan® is a residential mortgage loan solution for banks, lenders and guarantors that can reduce underwater homeowner mortgage payments by up to fifty (50%) percent.

The BurkeyLoan® is an "access to capital"-based method of separating the risk characteristics of a loan into transparent and distinguishable components. It differs from pooling, the current process of mortgage securitization, through which risk is aggregated. Carpe Aquam Capital LLC manages funds that own BurkeyLoan®-structured residential mortgages including:

• BurkeyLoan® Strategic Mortgage Fund - holds negative equity and traditional equity mortgages (including multi-lien) from "good credit" borrowers;

• BurkeyLoan® iREO Mortgage Fund - holds investor mortgages from good credit borrowers purchasing lender and guarantor REO property. Can keep homeowners in homes as renters; and

• BurkeyLoan® DfX Mortgage Fund - holds mortgages from credit-challenged (not subprime) borrowers seeking lower monthly mortgage payments and a second chance.

All of the funds offer homeowners the option to participate in shared appreciation type arrangements that further reduce payments. The BurkeyLoan® serves as a solution to negative equity, mitigates the risk of strategic defaults and offers an alternative to principal write-downs. The Company does not directly originate loans from consumers or non-risk intermediaries. The BurkeyLoan® program is only available to state and federal governments, banks chartered by them and select financial institutions.

Carpe Aquam Capital LLC is a financial service company that is committed to transforming the mortgage market and building a clear path to a new housing finance system.

CONTACT:

John Burkey, President
Phone: 856.797.3538
Fax: 856.396.7447
[email protected]
http://www.carpeaquamcapital.com

This press release was issued through eReleases(R).  For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.

SOURCE Carpe Aquam Capital LLC

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