WASHINGTON -- The Resolution Trust Corp. has declared its first sale of nonperforming housing loans backed by tax-exempt bonds to be successful and is moving ahead with a second auction, scheduled for the end of the year.

But some bond issuers and investment bankers say they continue to be concerned that the RTC is moving too fast to unload the mortgages. As a result, they say, the corporation is failing to do all it can to preserve the bond financing and make sure the projects continue as housing for low-income people.

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