Tag Archives: FDIC

FDIC Auction of Lenders In Puerto Rico Draws Bids – Wall Street Journal

Posted on April 29, 2010 by admin

FDIC Auction of Lenders In Puerto Rico Draws BidsWall Street JournalSome people familiar with the bidding process said the FDIC could hold a separate auction for certain assets of the three battered banks. Real-estate …FDIC Closer To Resolution For Three … Continue reading →

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Banks granted temporary halt to W loan auction – Atlanta Business Chronicle

Posted on April 9, 2010 by admin

Atlanta Business Chronicle Banks granted temporary halt to W loan auctionAtlanta Business ChronicleThe auction was to have taken place March 29, but Capri called it off. Hal Barry, chairman of Barry Real Estate Companies Inc., has previously told Atlanta …Banks … Continue reading →

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FDIC auctions apt to hurt some banks – Boston Globe

Posted on March 9, 2010 by admin

Earthtimes (press release) FDIC auctions apt to hurt some banksBoston Globe“Unlike the subprime mortgage problems, which hit mostly bigger financial institutions, the commercial real estate crisis is going to hit mostly smaller and …'On the Edge' Banks Face Writedowns on … Continue reading →

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‘On the Edge’ Banks Facing Writedowns After FDIC Loan Auctions – BusinessWeek

Posted on March 8, 2010 by admin

'On the Edge' Banks Facing Writedowns After FDIC Loan AuctionsBusinessWeek“Unlike the subprime mortgage problems, which hit mostly bigger financial institutions, the commercial real estate crisis is going to hit mostly smaller and … and more » read more

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FDIC Auctions Overdue Loans of Silverton, IndyMac – BusinessWeek

Posted on March 1, 2010 by admin

GulfNews FDIC Auctions Overdue Loans of Silverton, IndyMacBusinessWeekThe FDIC is disposing of real estate, soured mortgages and personal property ranging from tour buses to palm trees that once belonged to failed banks. …Sector Update: Financial Shares Mixed on Disappointing Earnings, … Continue reading →

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FDIC Auctions $610.5 Million in Loans From Failed US Lenders – BusinessWeek

Posted on February 28, 2010 by admin

FDIC Auctions $610.5 Million in Loans From Failed US LendersBusinessWeekThe FDIC is disposing of real estate, soured mortgages and personal property ranging from tour buses to palm trees that once belonged to failed banks. … and more » read more

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Marijuana-Reeking Tour Bus, Red Ferrari Are FDIC’s Crisis Booty – Bloomberg

Posted on December 22, 2009 by admin

Marijuana-Reeking Tour Bus, Red Ferrari Are FDIC's Crisis BootyBloombergFinancial assets such as real-estate loans are sold separately through auctions that can involve complex financing and profit-sharing arrangements. … and more » read more

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FDIC Draws Brisk Bidding on Loans by Failed Banks – Wall Street Journal

Posted on December 22, 2009 by admin

FDIC Draws Brisk Bidding on Loans by Failed BanksWall Street JournalInvestors are jostling for the chance to buy a $1.1 billion package of commercial real-estate loans extended by failed banks, … and more » read more

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FDIC Keeping Mum About Real Estate Auction Results – Seeking Alpha (blog)

Posted on November 23, 2009 by admin

FDIC Keeping Mum About Real Estate Auction ResultsSeeking Alpha (blog)The prompt post-closing sale (auction) of real estate in depressed markets, while understandable from the perspective of wanting to conclude a resolution … and more » read more

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Failed lenders boost FDIC real-estate sales – Seattle Times

Posted on November 23, 2009 by admin

Failed lenders boost FDIC real-estate salesSeattle TimesThe FDIC real-estate sales are helping companies including CB Richard Ellis Group and Prescient, which are brokering transactions, and JP King Auction, … and more » read more

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