Sources say investors are jostling to buy a $1.1B portfolio of CRE loans held by Franklin Bank,...

|By:, SA News Editor

Sources say investors are jostling to buy a $1.1B portfolio of CRE loans held by Franklin Bank, IndyMac Bank and other failed lenders - a fraction of the FDIC's growing collection of real-estate loans. Sensing a bottom, many banks aren't willing to sell, making the FDIC practically the only game in town.