FIG Partners Executes $58 Million Residential Loan Sale

ATLANTA, July 10, 2018 — FIG Partners has executed a $58 million residential loan sale transaction for one of its financial institution clients.

FIG Executes $58 Million Residential Loan SaleThe transaction consisted of a pool of loans collateralized by single-family and other residential properties across the U.S. The portfolio totaled $58 million in unpaid principal balance.

“This sale was a strategic transaction that enabled our client to rebalance its portfolio after an acquisition,” said Amy Boothe-Fuentes, Senior Vice President and Head of Whole Loan Trading. “The transaction effectively disposed of loans that were no longer core assets post merger.”

FIG’s whole loan advisory service helps FIG’s financial institution clients execute loan sale transactions for residential mortgage, CRE and consumer loans.

To learn more about FIG’s loan trading capabilities and its SBA 504 Loan Sale Program, visit www.figpartners.com or call 404.601.7248.

Since 2003, FIG has been the trusted advisor to community banks and investors.

FIG Partners