FDIC Starts Marketing $33 Billion of Signature Property Debt

The Federal Deposit Insurance Corp. is seeking buyers for $33 billion of commercial property loans from Signature Bank, with a majority being backed by multifamily properties in New York City, as part of its efforts to offload debt from the collapsed bank.

yahoo.com

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9/12/2023

FDIC Taps BlackRock to Sell $13B in Mortgage Bonds from Collapsed Lenders

The U.S. government plans to sell nearly $13 billion worth of mortgage bonds obtained from Silicon Valley Bank and Signature Bank after their collapse, as part of the Federal Deposit Insurance Corp's efforts to deal with the lenders' assets.