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Mission Capital Selling NPA Pool.(nonperforming mortgages )(Mission Capital Advisors )(Brief article)
New York -- Mission Capital Advisors here is taking bids on a $131.2 million portfolio of nonperforming mortgages secured by commercial and residential properties in western Florida.
The seller is described by Mission as an "unnamed Midwest-based super-regional bank." Preliminary bids are due March 4. Buyers can bid on individual loan pools or the entire portfolio.
According to Mission, most of the loans have ...
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