FDIC sells $491 million in home loans (AP)

AP – The Federal Deposit Insurance Corp. has sold $490.7 million in troubled mortgage loans from 19 banks that failed between August 2008 and March 2009 as it works through an inventory of assets from the institutions it has taken over.

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JP Morgan payoff in WaMu case faces FDIC hurdle: report (Reuters)

The JP Morgan and Chase headquarters is seen in New York in this January 30, 2008 file photo. REUTERS/Shannon StapletonReuters – The Federal Deposit Insurance Corp is not yet on board with Washington Mutual Inc’s bankruptcy reorganization plan, including a massive tax refund to JPMorgan Chase & Co , according to the company and a Wall Street Journal report.

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JP Morgan payoff in WaMu case faces FDIC hurdle: report (Reuters)

The JP Morgan and Chase headquarters is seen in New York in this January 30, 2008 file photo. REUTERS/Shannon StapletonReuters – The Federal Deposit Insurance Corp is not yet on board with Washington Mutual Inc’s bankruptcy reorganization plan, including a massive tax refund to JPMorgan Chase & Co , according to the company and a Wall Street Journal report.

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JP Morgan payoff in WaMu case faces FDIC hurdle: report (Reuters)

The JP Morgan and Chase headquarters is seen in New York in this January 30, 2008 file photo. REUTERS/Shannon StapletonReuters – The Federal Deposit Insurance Corp is not yet on board with Washington Mutual Inc’s bankruptcy reorganization plan, including a massive tax refund to JPMorgan Chase & Co , according to the company and a Wall Street Journal report.

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JP Morgan payoff in WaMu case faces FDIC hurdle: report (Reuters)

The JP Morgan and Chase headquarters is seen in New York in this January 30, 2008 file photo. REUTERS/Shannon StapletonReuters – The Federal Deposit Insurance Corp is not yet on board with Washington Mutual Inc’s bankruptcy reorganization plan, including a massive tax refund to JPMorgan Chase & Co , according to the company and a Wall Street Journal report.

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JP Morgan payoff in WaMu case faces FDIC hurdle: report (Reuters)

The JP Morgan and Chase headquarters is seen in New York in this January 30, 2008 file photo. REUTERS/Shannon StapletonReuters – The Federal Deposit Insurance Corp is not yet on board with Washington Mutual Inc’s bankruptcy reorganization plan, including a massive tax refund to JPMorgan Chase & Co , according to the company and a Wall Street Journal report.

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JP Morgan payoff in WaMu case faces FDIC hurdle: report (Reuters)

The JP Morgan and Chase headquarters is seen in New York in this January 30, 2008 file photo. REUTERS/Shannon StapletonReuters – The Federal Deposit Insurance Corp is not yet on board with Washington Mutual Inc’s bankruptcy reorganization plan, including a massive tax refund to JPMorgan Chase & Co , according to the company and a Wall Street Journal report.

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FDIC seen stepping up sales of failed bank assets (Reuters)

Reuters – The U.S. Federal Deposit Insurance Corp is expected to offer $3.8 billion of guaranteed securitizations backed by the residential mortgage assets of failed banks, market sources said on Tuesday.

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FDIC seen stepping up sales of failed bank assets (Reuters)

Reuters – The U.S. Federal Deposit Insurance Corp is expected to offer $3.8 billion of guaranteed securitizations backed by the residential mortgage assets of failed banks, market sources said on Tuesday.

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FDIC seen stepping up sales of failed bank assets (Reuters)

Reuters – The U.S. Federal Deposit Insurance Corp is expected to offer $3.8 billion of guaranteed securitizations backed by the residential mortgage assets of failed banks, market sources said on Tuesday.

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