A newly formed company is banking on an increase in the number of nonperforming loans.

First Madison National Inc., a spinoff of the Clayton Group, a New York- based consultancy, is dedicating itself to pulling profits from pools of mortgage loans that have stopped producing regular monthly payments.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.