FDIC Plans to Offer $60 Billion of Signature Loans in the Coming Months
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The Federal Deposit Insurance Corp. plans to start marketing a $60 billion loan portfolio it retained in receivership following the collapse of Signature Bank in the coming months.
The portfolio includes mainly commercial real estate loans, commercial loans and a small pool of single–family residential loans, the FDIC said in a statement. The CRE loans include a concentration of multifamily properties, mostly in New York City, it said.