$74 Million

Tuesday, Apr 11, 2017

NCUA Residential Mortgage Loan Sale
$74 Million

Tuesday, Apr 11, 2017

NCUA Residential Mortgage Loan Sale
Performing & Non-Performing Residential Loans - 8 Pools
$759 Million

Tuesday, Mar 14, 2017

Freddie Mac Non-Performing Loan Sale
$74 Million

Tuesday, Apr 11, 2017

NCUA Residential Mortgage Loan Sale
Press Release

$100 Million Performing and Non-Performing Commercial Real Estate and Agricultural Loan Sale 

February 8, 2022

On behalf of a major banking institution, First Financial Network (FFN) is pleased to announce the upcoming sale of a commerical real estate and agricultural loan portfolio comprised of approximately 105 loans $100 million in total balance.


Performing: 83%
Non-performing: 17%
Collateral Concentrations
Office: 34.38%
Warehouse: 20.90%
Retail: 14.11%
Agricultural: 9.63%
Industrial: 5.20%
Hospitality: 5.02%
Misc CRE: 3.23%
Multi-Family: 2.84%
Medical: 1.49%
Accts Receivable: 1.46%
Assisted Living: .44%
Church: .40%
Boat: .40%
Unsecured: .37%
Equipment: .11%

Collateral Locations

Nationwide with concentrations in California, Texas and Florida

WAC: 4.53%
WAM: 46

Comprehensive due diligence materials will be made available to qualified parties on FFN’s website at ffncorp.com beginning on July 21, 2022. For this loan sale, Seller requires specific information from the Bidders prior to approving their participation in the due diligence and bidding process. FFN encourages all interested parties to begin the bidder qualification process now by registering at ffncorp.com or by logging onto your FFN account and completing the requisite documents.

Bidders may submit bids for individual pools, a combination of pools and/or the entire portfolio.

Key Dates

Due Diligence Begins: 07/21/2022
Bid Date: 08/23/2022 by 12pm CT
Closing Date: 09/072022

For further information or questions regarding this offering please contact FFN's Investor Relations Team at 405.748.4100 at IR@ffncorp.com.

Merrie Duncan 405.595.3399 mduncan@ffncorp.com
Cathey Taylor 405.595.3347 ctaylor@ffncorp.com
Olivia Morris 405.595.3352 omorris@ffncorp.com