Doral Financial (DRL) in San Juan, Puerto Rico, has agreed to sell roughly $825 million of assets to Abbey Finance Holdings PR.

The $7.8 billion-asset Doral said in a regulatory filing Monday that it will sell loans and foreclosed properties to Abbey for $369 million. The assets consist of roughly $624 million of residential mortgages and properties and about $201 million of commercial mortgages and properties.

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