Jimmy Rambo (Spartan Financial) Explains the Importance of Collateral Recovery Rate (CRR)

Collateral Recovery Rate (CRR) is a number that just about everyone in BHPH looks to as a measure of portfolio yield/performance. Lenders use it. Bulk buyers likely factor it into their bid. Jimmy Rambo, Senior Manager of Asset-based Lending with Spartan Financial Partners walks us through the formula. Good episode to catch on video!

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