In an e-mail (1.02.08) from the FDIC:
The e-mail is to inform you that the FDIC is retiring the loan sales website at www.fdicsales.com effective January 4, 2008. From this point forward, the FDIC will be offering its loans through one of the following marketers of debt instruments: First Financial Network 405-748-4100 Debt-X, The Debt Exchange 617-531-3400.
All notices for future sales will be originated through one or the other of these two firms. If you are interested in receiving notice regarding FDIC loan sale products, you need to contact these firms and make application for an account on their system. Each of these firms has their own requirements for granting access to their system. Having been given access to the old www.fdicsales.com system does not guarantee access will be given on their system. Sales will rotate between the two firms.
Each firm is an industry leader in the marketing of debt instruments. They offer premier tools and customer support to augment your due diligence and bidding experience. When a sale in announced, you will need to contact the firm announcing the sale regarding any questions on the sale. Bids will be handled by the firm. The FDIC has taken these steps to provide its customers with the best services to enhance your debt purchase.
Thank you.
