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FDIC Closes on Sale of $233 Million of Notes Backed by Commercial Real Estate Loans

WASHINGTON D.C. (LoanSafe.org) – On May 18, 2010, the FDIC closed a sale of notes backed by commercial real estate loans from twenty-two financial institutions, for which the FDIC was appointed receiver during the period from August 2008 to March 2009. The sale was conducted through a private offering to qualified purchasers.
The $233 million [...]
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