Skip to main content

Auction site opens door to secondary market for mortgage notes
May 28, 2009 is a first-of-its-kind platform for the online auction of mortgage notes. BigBidder allows qualified investors and small investment groups to buy individual mortgage notes secured by real property from around the country, finally giving all types of investors access to this burgeoning market. Historically, mortgages were bought and sold by Wall Street institutions in large bundles for a price that precluded most individual investors from participating. BigBidder features an online auction platform that eliminates the inefficiencies involved with selling individual notes, finally opening the secondary mortgage market to investors of all sizes. “For far too long, individual investors watched from the sidelines as financial institutions played their inside game,” said Senior Vice President Paul Lyons. “It’s about time we changed that game. is the key, bringing Wall Street opportunities to Main Street investors.” BigBidder emphasizes transparency and simplicity, providing investors with comprehensive information on thousands of notes. Buyers have access to all of the resources necessary to conduct due diligence and can participate in live auctions from anywhere in the world. In addition, BigBidder ensures an open and transparent auction through the online bidding process. “This is an exciting development that has been a long time coming,” said Bryan Werlemann, managing principal at Wells Fargo Advisors, “and it couldn’t come at a better time. There are great deals to be had out there as financial institutions look to unload these mortgages.” BigBidder empowers the individual investor with a wide variety of mortgage notes. The unique auction platform allows buyers to search for notes using a number of categories ranging from geographic location to specific interest rates. BigBidder also features auto-bid functionality, allowing buyers to set a maximum bid and stay informed on the status of the auction through e-mail. Thanks to BigBidder, the market for real-estate backed notes is no longer an exclusive insider game for Wall Street institutions. With its straightforward auction process, BigBidder brings this stellar alternative investment opportunity home to Main St. investors. For more information, visit
May 28, 2009
Digital Modernization Or Free Lunches?

Real estate agents are ready for more from mortgage lenders

Sales and Marketing
Nov 30, 2022
NewFed Mortgage Hires EVP-Chief Production Officer

Industry veteran Jim Janczy will be responsible for sales and marketing.

Sales and Marketing
Nov 28, 2022
Capturing the Market

Keys to Marketing to Single Millennial Women

Sales and Marketing
Nov 21, 2022
How To Define Branding

The key to branding and growing your presence is consistency. Create a plan.

Sales and Marketing
Nov 21, 2022
Waterstone Mortgage Names New Digital Marketing Director

Chik Quintans has over 25 years of experience in the mortgage lending industry.

Sales and Marketing
Nov 17, 2022
NextUs Launches Non-QM-Friendly Home Equity Product: HELOAN

Allows borrowers to take cash out of their built-up equity and preserve their low first mortgage rate.

Sales and Marketing
Nov 07, 2022