Supplemental Information on Portfolio Sales

GGD-92-5R: Published: Apr 1, 1992. Publicly Released: Apr 1, 1992.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a congressional request, GAO provided supplemental information about the disposition of failed banks' assets, including portfolio sales of participating cash flow mortgages. GAO also provided responses to questions regarding the staff study of a specific bank's transactions and the overall strengths and weaknesses of the concept of portfolio sales. GAO believes that: (1) the use of portfolio sales using participating cash flow mortgages could be an important disposition strategy for the Resolution Trust Corporation's (RTC) least marketable real estate assets; and (2) further RTC actions are necessary to improve the pilot portfolio sales and any future transactions.

Jul 18, 2018

Jul 17, 2018

Jul 16, 2018

Jun 28, 2018

May 31, 2018

May 24, 2018

May 10, 2018

Apr 17, 2018

Apr 5, 2018

Looking for more? Browse all our products here