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First Financial Network Offers$85 Million Loan Sale

OKLAHOMA CITY-First Financial Network, Inc., announced today the offering of $85 million in loans on behalf of FDIC.

By David Phillips | Updated on January 24, 2013

OKLAHOMA CITY-First Financial Network, Inc., the nation’s leading loan sale advisor, announced today the offering of $85 million in loans on behalf of the Federal Deposit Insurance Corporation (FDIC). The loans consist of commercial real estate, residential, C&I and Asset Based Lending whole loans and loan participations held by the failed NOVA Bank in Berwyn, PA, for which the FDIC is acting as Receiver.

First Financial Network will utilize its Loan Sale Network™ platform to provide qualifiedinvestors with immediate access to due diligence information and the opportunity to place bids.

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