WASHINGTON, DC—The Federal Deposit InsuranceCorp. is marketing a portfolio consisting of $90million worth of performing and non-performing loans.Oklahoma City-based First Financial Network willbe handling bidding for the portfolio, which includes loans fromseveral failed financial institutions.
The portfolio consists of approximately 129 performing andnon-performing residential, commercial real estate, consumer andbusiness asset loans and loan participations.
Online due diligence will be available beginning September 22 toqualified bidders at First Financial's website with bids due onOctober 21, 2014.
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