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Loan Modification

: Loan Modification & Home Loan News

FDIC getting ready to sell bonds from failed banks

By Moe Bedard

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Feb. 23 (Bloomberg) — The Federal Deposit Insurance Corp. may start selling bonds tied to the assets of failed banks as soon as next month. Initial offerings may include about $2 billion of the FDIC?s remaining stakes in loans from Corus Bank and Franklin Bank, according to people familiar with the discussions who declined to be [...]

Full post as published by Loan Modification & Home Loan News on February 24, 2010 (boomark / email).

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