About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

GGD-92-5R 1 (1992-04-01)

handle is hein.gao/gaobacjzq0001 and id is 1 raw text is: 



GAO


United States
General Accounting Office
Washington, D.C. 20548


General Government Division

B-247628

April 1, 1992

The Honorable Bruce F. Vento
House of Representatives

Dear Mr. Vento:

In our February 25, 1992, briefing report to you entitled
Resolution Trust CorDoration: Assessing Portfolio Sales
Using Particinating Cash Flow Mortgages (GAO/GGD-92-33BR,
Feb. 25, 1992) we concluded that, in concept, portfolio
sales using participating cash flow mortgages could be an
important disposition strategy for RTC's least marketable
real estate assets. However, we recommended that further
RTC actions were necessary to improve the pilot portfolio
sales and any future transactions.

On March 4, 1992, you asked that we provide certain
supplemental information about participating cash flow
mortgages. Our responses to your questions are enclosed.
If you have any further questions, please call me at (202)
736-0479.

Sincerely yours,


146259


Gaston L. Gianni, Jr.
Associate Director,
  Federal Management Issues


Enclosure














  GAO/GGD-92-5R, Supplemental Information on Portfolio Sales



                       /         4   7   ;


I It%& 6W 7%k I

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most