RESIDENTIAL LOANS

Financing the American Dream

Marathon's Residential team acquires performing and sub-performing first and second lien loans in urban and suburban markets exhibiting improving credit profiles.

Marathon seeks to capitalize on alternative channels to source residential real estate opportunities that are less competitively sponsored across:

01.

Legacy Residential Mortgage Whole Loans

02.

New Origination First Lien Mortgage Loans

03.

New Origination Junior Lien Mortgages

04.

Mortgage Servicing Rights ("MSR")

05.

Structured Residential Real Estate Credit Securities

$50B+

Gross Par Value Invested in Residential Eeal Estate Assets

45K+

Residential Loans Since Inception

#1 Net MOIC of 9

Managers Selected by the U.S. Department of Treasury for the Public-Private Investment Program (PPIP)

Marathon's data-driven analysis informs our acquisition of residential loans, while utilizing our highly qualified servicers to drive improving credit dynamics.

Marathon selectively sources new origination non-qualified (“Non-QM”) first and second lien residential mortgages secured by creditworthy borrowers. Our highly experienced capital markets team has cultivated well-established industry relationships that enable us to efficiently build portfolios and crystalize value through securitizations, bulk sales, and cash flow realizations.

Over the past two decades, we have developed and refined M2PT (Marathon's Machine-Learning Proprietary Technology), a suite of models and analytic tools. Our resources enhance our fundamental analysis and inform our sourcing, underwriting, and structuring of our residential mortgage investments.

Marathon was selected by the U.S. Treasury for the Public Private Investment Program ('PPIP') to manage capital for the U.S. Treasury, investing in residential and commercial mortgage-backed securities to stabilize the housing market through increased liquidity and market price discovery, ultimately achieving the highest Net MOIC among the 9 selected investment managers.

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Investment
Strategies

Marathon focuses on the purchase and aggregation of legacy whole loan pools, the origination of non-qualified mortgages to creditworthy borrowers, and asset-based corporate lending opportunities relating to the residential mortgage industry.

  • New Origination of Non-Qualified First and Second Lien Mortgages (“Non-QM”)
  • Acquisition of Seasoned First and Second Lien Whole Loan Portfolios
  • Asset-Based Lending to Residential Companies
  • Forward Flow and Secondary Acquisition of HELOCs

Investment Vehicles

  • Closed-End Funds
  • Fund of One & Separately Managed Account

Marathon has demonstrated the ability to thoughtfully build portfolios throughout multiple economic and interest rate cycles. Our residential real estate team is advantaged by Marathon's global public and private credit acumen, capital markets expertise, robust networks, and market intelligence.

Contact Us

To contact the Marathon's Residential Real Estate team, please reach out to one of the key contacts below:

For Residential Real Estate Transactions:

Sean Duffy
Managing Director - Residential Real Estate
sduffy@marathonfund.com

For Investors:

Jason Friedman
Partner - Global Head of Strategy and
Business Development
jfriedman@marathonfund.com or
investors@marathonfund.com

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About the Fund

John Hancock Asset-Based Lending Fund is a Massachusetts business trust that is registered under the Investment Company Act of 1940, as amended, as a continuously offered, non-diversified, closed-end management investment company.

 

Fund shares are illiquid and, therefore, an investment in the fund should be considered a speculative investment that entails substantial risks. Investors could lose all or substantially all of their investment. Shares of the fund are not listed on any securities exchange, and it is not anticipated that a secondary market for the fund's shares will develop; therefore, an investment in the fund may not be suitable for investors who may need the money they invest in a specified timeframe. Please see the fund's prospectus for additional risks. Request a prospectus from your financial professional, by visiting jhinvestments.com, or by calling us at 800-225-5291. The prospectus includes investment objectives, risks, fees, expenses, and other information that you should consider carefully before investing.

John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com