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Loan Sales Announcements OFFERING ANNOUNCEMENT $8MM Performing Consumer and C&I Loan Portfolio Offering #UNB-09-033 On behalf of the FDIC, Mission Capital Advisors (www.missioncap.com) is pleased to announce the sale of approximately 212 Consumer and C&I Loans (Offering UNB-09-033) related to the recently closed Union Bank, Gilbert, AZ, for which the FDIC is acting as Receiver:
KEY DATES
For additional information please contact the undersigned at (212) 925-6692: Peter Tobin - Managing Director ptobin@missioncap.com
OFFERING ANNOUNCEMENT
Offering #IMB-09-33 On behalf of the FDIC, First Financial Network, Inc. (FFN) is pleased to announce the sale of approximately $30MM in Manufactured Housing Loans that were held by the recently closed IndyMac Bank, F.S.B., Pasadena, California for which the FDIC is acting as Receiver. The portfolio consists of 850 Loans and 78% of the portfolio is currently performing. A portion of the loans in the portfolio have Private Mortgage Insurance (PMI). Bidders may perform due diligence either via imaged loan documents available online or encrypted hard drive. KEY DATES
OFFERING ANNOUNCEMENT
Offering #CBN-09-33 On behalf of the FDIC, First Financial Network, Inc. (FFN) is pleased to announce the sale of approximately $60MM of Performing and Non-Performing CRE, C&I and Consumer Loans that were held by the recently closed Community Bank of Nevada for which the FDIC is acting as Receiver. Bidders may perform due diligence either via imaged loan documents available online or encrypted hard drive. Key Portfolio Characteristics KEY DATES
FDIC markets loans through three loan sales advisors:
When FDIC has loans available for sale they will be assigned to one of the two loan sale advisors and the loans will be marketed on their respective websites. The loan sale advisors will provide approved bidders information on the loan pool(s) being offered for sale. Each advisor has the ability to offer both electronic due diligence on their website and hard copy due diligence. Each of their websites has an internet bid platform where bids on FDIC loan sales will be submitted. If you are interested in participating in a loan sale offering, you are recommended to contact each of the loan sale advisors and request an account on their web site. Each advisor has their own requirements for granting access to their site. You are encouraged to make application so you will receive notice of any FDIC loan sale offering. |
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| Last Updated 11/4/2009 | assetmarketing@fdic.gov | ||||||||||||||||||||||||||||
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