DENVER, CO, March 23, 2026 (EZ Newswire) -- Ascendant Capital and Black Lake today launched RESOLVE™, the first complete end-to-end platform purpose-built for pricing, trading, and transferring scratch and dent mortgage assets. It operates through a seamless, transparent auction process powered by Black Lake’s proprietary auction technology, MATRIX™. RESOLVE™ brings institutional-grade efficiency to a market segment that has long relied on fragmented, manual workflows, and advances how lenders, investors, and servicers manage non-performing and defective loan portfolios.

Scratch and dent assets are loans with manufacturing defects, documentation gaps, or compliance issues. They represent a significant and growing segment of the mortgage market. Despite their scale, the trading of these assets has remained largely opaque and inefficient, creating value destruction for both buyers and sellers. RESOLVE™ was designed to solve this problem by bringing institutional-grade infrastructure to the mortgage market.

Powered by Black Lake’s proprietary auction technology, and managed and operated by Ascendant Capital, RESOLVE™ delivers a unified experience from initial loan-level pricing through final settlement and transfer. The platform replaces the patchwork of spreadsheets, emails, and disconnected systems that have historically defined scratch and dent trading with a single, integrated solution. This accelerates execution, reduces operational risk, and maximizes recovery for sellers while providing buyers with access and transparency.

How RESOLVE™ Works

RESOLVE™ streamlines the entire scratch and dent asset lifecycle into a single, cohesive platform. Sellers can upload loan pools, set auction parameters, and receive real-time, loan-level pricing powered by Black Lake’s advanced analytics engine. Qualified buyers gain access to comprehensive due diligence packages, bid competitively through structured auction formats, and execute trades with full transparency. Post-trade, the platform manages the complete transfer, settlement, and document delivery process. This ensures a clean handoff from seller to buyer, with full audit trails and compliance documentation.

“As the platform’s operator, Ascendant Capital is committed to delivering an institutional-quality experience that meets the needs of both sellers seeking maximum recovery and buyers seeking efficient access to a diversified pipeline of assets,” said Craig Haack, Managing Member at Ascendant Capital. “Together with Black Lake’s technology, we’re setting a new standard for how these assets are priced, traded, and transferred.”