Wondering what the FDIC is doing with all the incoming assets?  You’ll see that it doesn’t take a billion dollars to participate, they have sold several bulks under $1,000,000. 

Here’s the link to their bulk sales:


Thet’ve been selling our residential assets for 37 cents on the dollar on average (actual vs. book value), and commercial is going out at roughly 53 cents on the dollar.  A spreadsheet of a sampling of this year’s sales:


(There were more sales added to website after the spreadsheet was completed)

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