RMPI Consulting, LLC – Your Risk Management & Process Improvement Specialists – Tel: 617-973-5742
Strategic Thought Leadership for Community Banks


Marlborough 26 Unit – 5 Building Apartment Portfolio

RMPI Consulting’s Actions: Foreclosed on the project. Made building code improvements. RMPI brought in investors who purchase properties for 104% of the Bank’s book balance and 92% of appraised value.

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Marlborough Multifamily Project

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Marlborough Multifamily Project

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Marlborough Multifamily Project

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Taunton Single Family House

RMPI Consulting’s Actions: Foreclosed on property. Selected broker. Relocated tenant. Coordinated the rehab. Sold two weeks after tenant left for 103% of OREO book balance.

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Taunton Single Family House

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Framingham Condominium Townhouse Unit

RMPI Consulting’s Actions: Foreclosed on property. Sold after auction through assignment of bid.

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Framingham Condominium Townhouse Unit

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Boston Condominium units

RMPI Consulting’s Actions: Settled with Borrower to assist in the liquidation of the property. Sold.

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Boston Condominium units

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Westford Single Family Home with 4 bedrooms, 2.5 bathrooms and 3,600 SF with failed septic and unfinished interior.

RMPI Consulting’s Actions: Foreclosed on Property. Completed the construction with RMPI partners. Sold for $650,000.

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Westford Single Family Home

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Stockbridge 5 unit condominium units with two under construction.

RMPI Consulting’s Actions: Foreclosed on project. Sold to investors for 121% of Bank’s book balance and 110% of appraised value at auction after initial postponement.

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Stockbridge 5 unit condominium units

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