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      09-30-2012, 11:41 PM   #88
ASBSECU E93
slower traffic keep right
 
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Drives: it like it's stolen
Join Date: Sep 2011
Location: Greensboro, NC

Posts: 135
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Managing partner for a $5 billion startup bank who are capitalizing on the FDIC loss share program to acquire and rehab failed banks. We basically acquire failed banks in the Southeast region. From that point, we place loans that are performing into our subsidiary "performing bank" and attempt to rehab the non-performing assets through our Special Asset Bank. We have a 5 year window to call on the loss-share for any loan that cannot be rehabilitated.
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07 E93 | Dinan Stage II | Dinan CAI | AE Performance Exhaust | FOOSE Speed Rims
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