Footnotes: Audit Report 05-009, DRR’s Internal Loan Servicing
| Number | Footnote |
|---|---|
| 1 | The FDIC acts as a receiver for failed insured depository institutions. As receiver, FDIC is charged with winding up the affairs of failed institutions, including the liquidation of failed institutions and the disposition of their assets. |
| 2 | That is, the loan can be sold, paid off, foreclosed, written off, etc. |
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| Last updated 4/5/2005 | ||