ATLANTA, September 7, 2017 — FIG Partners served as broker for a $16 million residential loan sale involving two of its financial institution clients.
“FIG worked closely with both banks to structure a transaction that met both of their needs,” said Amy Boothe-Fuentes, FIG’s Senior Vice President and Head of Whole Loan Trading. “The buyer wanted to increase its loan portfolio in a specific geographic location. The seller was focused on reducing concentration risk. FIG created a solution that benefited both banks in different ways.”
Since 2003, FIG has been the trusted advisor to community banks and investors. FIG serves its clients with advisory and broker services for whole loans and fixed income transactions to facilitate balance sheet management.
To learn more about FIG Partners’ whole loan trading capabilities, visit www.figpartners.com or call 404.601.7248.