TABLE OF CONTENTS
BACKGROUND I-8

RESULTS OF AUDIT I-10

FINDING 1: FDIC DRR POLICIES AND PROCEDURES I-10
Recommendation Related to FDIC DRR Policies and Procedures I-11

FINDING 2: CAPITAL MARKETS MONITORING AND COLLECTION OF SECURITIES I-12 DISTRIBUTIONS
Recommendations Related to the Monitoring and Collection of Securities Distributions I-13

FINDING 3: TRANSFER OF CUSTODY OF ACQUIRED SECURITIES TO THE FDIC I-14
Recommendation Related to the Transfer of Custody of Acquired Securities to the FDIC I-15

OBSERVATION: PROFORMA RECORDATION ERROR I-16

APPENDIX I - OBJECTIVES, SCOPE, AND METHODOLOGY I-17

APPENDIX II - EXPLANATION OF MONETARY BENEFITS TERMS AND MONETARY RESULTS TABLE I-20

APPENDIX III - GLOSSARY OF TERMS I-21

APPENDIX IV - ACRONYMS USED IN THE REPORT I-23

CHARTS AND TABLES
Chart 1: Days Taken to Transfer Securities to the Custodian, by Receivership I-14
Table 1: Summary of Securities Sample Components I-19
Table 2: Monetary Benefits I-20