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The Rise of the Unstructured Transaction

As more loan portfolios make their way to the Federal Deposit Insurance Corp., the agency is finding innovative ways to work with the private sector.…

By Alyson Grala is Mid-Atlantic region editor for GlobeSt.com and Real Estate Forum. | Updated on July 01, 2010

As more loan portfolios make their way to the Federal Deposit Insurance Corp., the agency is finding innovative ways to work with the private sector. One of its most notable efforts is the structured-

loan sale program, in which the agency sells a stake-usually 20% to 40%-of a partnership-type structure to an investor who then participates in the upside. To date, there have been 15 such deals, including the $1.2- billion sale last October of a 40% interest in a portfolio of assets previously owned by Corus Bank. And late

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