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As the impact of the Coronavirus (Covid-19) pandemic continues to unfold, I wanted to assure you that First Financial Network has implemented the necessary practices to safeguard our employees while continuing to provide the exceptional advisory services that we always have.

Husband-and-wife team has carved a niche selling nonperforming loans, which have grown rapidly in several countries, including Ukraine

First Financial Network Inc., which two years ago was tapped by Ukraine's Deposit Guarantee Fund to help liquidate troubled assets held by that country's failed banks, has launched an effort to sell $1.35 billion of real state and nonperforming loan assets held by those institutions.

Ukraine is selling $1.35 billion worth of non-performing loans in a bid to create a new marketplace for the country’s bad debt pile.

The upcoming auction marks the largest bulk sale of Ukrainian NPLs to date. Due diligence and bidding will be conducted on FFN's secure platform. Bidding begins on 6 August 2019.

WASHINGTON, DC – Fannie Mae (FNMA/OTC) today announced the winning bidders for its eleventh non-performing loan sale. The sale includes approximately 7,500 loans totaling $1.23 billion in unpaid principal balance (UPB), divided among four pools.