Ryan's District Boards

RD Today => All the News => Business News => Topic started by: riky on January 08, 2009, 12:03:29 AM

Title: Investors buy $558 million in mortgages from FDIC (AP)
Post by: riky on January 08, 2009, 12:03:29 AM
Investors buy $558 million in mortgages from FDIC
    (AP)

 


AP - A group of private investors including former executives of Countrywide Financial Corp. has purchased $558 million in home mortgages from the government in a deal involving assets of the failed First National Bank of Nevada, the investors announced Wednesday.


http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20090107/ap_on_bi_ge/nevada_bank_mortgage_sale