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Apollo Financial Group
Based in NYC, Apollo Financial Group is a company which buys and sells distressed financial products. 1 Created by Ricky Brava and Dean Anastos, the company buys and sells mortgages which large banks and lenders would otherwise foreclose on. 2 Such financial products are typically purchased for less than face value. 3
At the end of June, 2012, Apollo had $11.9 million in liquid assets and $105 billion assets under management. 4
1. http://www.blogtalkradio.com/moneyforlunch/2012/10/18/october-18-2012-1
3. http://honouring5.rssing.com/browser.php?indx=2921203&item=279