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Loan Modification

: Mortgage Lender Implode-o-Meter

Offers on the Table at BankUnited; Friday Looms

By Implode-Explode Heavy Industries

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Troubled Florida-based thrift BankUnited Financial saw a number of bidders present their offers yesterday, as the bank looks to sell itself after receiving a ?deal or die? directive from the Office of Thrift Supervision last month.

The Federal Deposit Insurance Corp. is overseeing the sale process, and closed bids yesterday afternoon.

Full post as published by Mortgage Lender Implode-o-Meter on May 20, 2009 (boomark / email).

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