RTC to Push Small Sales: The federal...
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From Times Staff and Wire Reports
RTC to Push Small Sales: The federal agency disposing of failed savings and loans said it will emphasize the sale of its smallest properties in the next few months in order to free employees to deal with the largest properties. L. William Seidman, chairman of the Resolution Trust Corp., said more than 76% of the 40,000 real estate parcels in his agency’s possession had values of less than $100,000.
