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FDIC $3.9 Million Asset Sale

PUERTO RICO

  • The Federal Deposit Insurance Corporation (FDIC) as Receiver for Doral Bank is offering for sale two pools of assets located in Puerto Rico.
  • One pool is comprised of an estimated $2.5 million in HUD/FHA insured mortgage claims. The other pool is primarily comprised of owned real estate and defaulted loans with an estimated appraised value of $1.4 million.