eNewsroom for: First Financial Network

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First Financial Network Company Profile

Since its founding in 1989, FFN has defined the loan sale industry, selling billions of dollars in loans and other assets in 28 countries. In addition to loan sales, the company provides data normalization, loan file imaging and indexing, loan valuation, compliance reviews and due diligence services to banks, agencies of the Federal government, major foreign banks and other lenders. The company’s online Loan Sale Network™ platform and Metrics, an integrated due diligence analytics system, are used in conjunction with exceptional marketing techniques to achieve optimal value in today’s secondary market.

News from First Financial Network:

First Financial Network Announces $153 Million Residential Loan Sale

OKLAHOMA CITY, Oct. 15, 2015 /PRNewswire/ — First Financial Network, Inc., the nation's leading loan sale advisor, announced the offering of $153 million in residential real estate and unsecured loans on behalf of a community bank. The loans are being offered in pools based on performance and collateral type.  The portfolio contains approximately 1,568 loans and […]

First Financial Network Announces $60 Million Commercial Loan Sale

OKLAHOMA CITY, Sept. 21, 2015 /PRNewswire/ — First Financial Network, Inc., the nation's leading loan sale advisor, announced the offering of $60 million in commercial real estate and unsecured loans on behalf of a lender. Logo – http://photos.prnewswire.com/prnh/20150918/268175LOGO The loans are being offered in three separate pools based on performance, collateral type and geographic location. The portfolio […]

First Financial Network Completes Spin-Off of Technology Business

New Business Named Array Technology, LLC OKLAHOMA CITY, Jan. 8, 2015 /PRNewswire/ — First Financial Network, Inc. (FFN), an industry leading loan sale advisory firm, announced that it has completed the spin-off of its technology related services, Array Technology, LLC, from its core loan sale advisory business. Photo – http://photos.prnewswire.com/prnh/20150107/167627LOGO When FFN needed data extracted from […]

First Financial Network, Inc. Announces $90 Million Loan Portfolio Offering on Behalf of FDIC

OKLAHOMA CITY, Sept. 3, 2014 /PRNewswire/ — First Financial Network, Inc. (FFN) today announced the offering of a total of $90 million in performing and non-performing loans. The portfolio is being marketed on behalf of the Federal Deposit Insurance Corporation (FDIC) and includes loans from multiple failed financial institutions. The portfolio consists of approximately 129 […]

First Financial Network, Inc. Announces $45 Million 1st Trust Deed Secured Performing SBA Loan Participation Sale

1st Trust Deed Secured Non-Guaranteed SBA Loan Participations Up for Sale OKLAHOMA CITY, April 24, 2014 /PRNewswire/ — First Financial Network, Inc. (FFN) announced today the offering of a portfolio containing $45 million of 1st trust deed secured performing SBA loan participations. The portfolio is being marketed on behalf of a bank and bids are due […]

First Financial Network, Inc. Announces $174MM Loan Portfolio Offering on Behalf of FDIC

The Bank of Union Loans Up for Sale OKLAHOMA CITY, April 9, 2014 /PRNewswire/ — First Financial Network, Inc. (FFN) announced the offering of a $174 million performing and non-performing loan portfolio. The portfolio is being marketed on behalf of the Federal Deposit Insurance Corporation (FDIC) and includes loans from the recently failed The Bank of […]

First Financial Network Unveils Powerful Tool for Loan Sales

$100 Million Performing and Non-Performing Loan Portfolio Offered for Sale OKLAHOMA CITY, Sept. 30, 2013 /PRNewswire/ — First Financial Network, Inc. (FFN), the national's leading loan sales advisor, has pioneered a powerful new tool for sellers of loan portfolios of all sizes. Sellers of these loans can now upload loan data and documents to FFN's […]

First Financial Network, Inc. Announces $200M Loan Portfolio Offering on Behalf of Community Bank

Nation's Largest Loan Sale Advisor Also Appointed by Money Bank Center to Market $35M Portfolio of Performing and Non‐Performing Commercial RE and C&I Loans OKLAHOMA CITY, Aug. 6, 2013 /PRNewswire/ — First Financial Network, Inc. (FFN) announced today the offering of a $200‐million performing and non‐performing loan portfolio on behalf of a community bank. The portfolio […]

First Financial Network Expands Business Development Division with New Executive Hire

Tim Buss Joins Nation's Leading Loan Sale Advisor as Senior Vice President OKLAHOMA CITY, Feb. 28, 2013 /PRNewswire/ — The nation's leading loan sale advisor, First Financial Network (FFN), has expanded its Business Development Division with a new executive hire. Tim Buss, formerly with NAI Global, has joined the national company as a Senior Vice President, […]

First Financial Network Signs Five-Year Agreement with FDIC

OKLAHOMA CITY, Jan. 24, 2013 /PRNewswire/ — First Financial Network, Inc. (FFN), the nation's leading loan sale advisor, today announced  it has signed another five-year agreement with the Federal Deposit Insurance Corporation (FDIC) to value, market and sell assets held in FDIC Receiverships.  The announcement was made by Bliss Morris, Founder and CEO of FFN. […]

First Financial Network Announces $85 Million Loan Sale on Behalf of FDIC NOVA Bank Loans Up for Sale

OKLAHOMA CITY, Jan. 23, 2013 /PRNewswire/ — First Financial Network, Inc., the nation's leading loan sale advisor, announced today the offering of $85 million in loans on behalf of the Federal Deposit Insurance Corporation (FDIC). The loans consist of commercial real estate, residential, C&I and Asset Based Lending whole loans and loan participations held by […]

First Financial Network, Inc. Announces $8 Million Credit Card Account Portfolio Offering

OKLAHOMA CITY, Oct. 1, 2012 /PRNewswire/ — First Financial Network, Inc., announced today the offering of an $8 million credit card accounts portfolio. The portfolio includes primarily performing, closed credit card accounts. (Photo: http://photos.prnewswire.com/prnh/20121001/PH84290 ) First Financial Network will market and manage all facets of the sale to bid on November 1, 2012. Due diligence materials […]