Capital Briefs: FDIC Holds 1,185 Housing Units from RTC

The Federal Deposit Insurance Corp. holds 1,089 single family homes and 96 multifamily properties, left over from the Resolution Trust Corp.'s Affordable Housing Disposition program.

According to Stephen S. Allen, the assistant director the program, the FDIC expects to dispose of 80% of the remaining homes and 100% of the remaining multifamily properties by September. - Scott D. Smith, Medill News Service

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