Preliminary bids are in for the mortgage assets of Maryland's Standard Federal Savings Bank. and General Electric and Countrywide Credit are among the hopefuls.

Standard Federal, seized in October 1992, is being marketed by the Resolution Trust Corp. through Goldman, Sachs & Co. and Reserve Financial Trading Group.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.