WASHINGTON -- The Resolution Trust Corp. will $600 million in loans Aug. 24 and 25, the agency announced Monday.

The auction Of more than 14,000 loans grouped into about 200 packages will take place in Kansas City, Mo. In an effort to give small investors greater opportunities to buy RTC assets, the agency has reduced its required bid deposit to $50,000 from $100,000.

The loan packages range in book value from $500,000 to $9 million, and consist of one- to four-family mortgages, commercial real estate loans, and consumer loans.

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