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US FDIC announces marketing framework for $60 billion loan portfolio in Signature Bank receivership

( April 3, 2023, 20:46 GMT | Official Statement) -- MLex Summary: The US Federal Deposit Insurance Corp. announced the framework of a marketing process for the $60 billion loan portfolio kept in receivership after the collapse of Signature Bank of New York. The portfolio is made up primarily of commercial real estate loans, commercial loans and a smaller pool of single-family residential loans. Statement follows below:...

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