In The News
April 25, 2012
Hudson Valley Completes Loan Sale
On Wednesday, Hudson Valley Holding Corp. announced the successful sale of a $474 million nonperforming loan portfolio.
April 24, 2012
Eurohypo Unloads U.S. Loan Portfolio
Blackstone Group LP and Wells Fargo & Co. have reached a deal with German lender Eurohypo AG to buy a pool of about $560 million in U.S. commercial property loans.
March 31, 2012
United Community Banks Announces Loan and REO Sale
During the first quarter, United Community completed the sale of approximately $293 million in nonperforming loans and $142 million in foreclosed properties.
March 7, 2012
FDIC Announces $92.4 Million Loan Sale
On Wednesday, the FDIC as Receiver for Westernbank announced the successful closing of a $92.4 million Puerto Rican CRE and C&I loan portfolio.
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