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RTC REGION 4 ADVISORY BOARD TO HOLD OPEN MEETING

 RTC REGION 4 ADVISORY BOARD TO HOLD OPEN MEETING
 The sale by the Resolution Trust Corporation (RTC) of real estate


from failed savings and loans will be discussed at the RTC's Region 4 Advisory Board meeting to be held from 9 a.m-Noon, Friday, Dec. 13, at the Dallas Public Library, 1515 Young St., Dallas.
 Topics at the meeting will include: 1) seller financing, 2) SAMDA contracting, 3) local real estate market conditions, and 4) auctions.
 Time will be available during the meeting for members of the public to address the board with their comments concerning the RTC's sale of real estate.
 The Financial Institutions Reform, Recovery and Enforcement Act of 1989 required the establishment of six regional advisory boards to advise the RTC on policies and programs for the disposal of real estate acquired from the nation's failed savings and loans.
 Members of the Region 4 Advisory Board are Bayard Friedman of Fort Worth, Texas, who serves as chairman; Thomas McDade of Houston; Estella Trevino of Edinburg, Texas; and Gary Wood of Austin, Texas.
 Region 4 represents the state of Texas.
 CONTACT: Brian P. Harrington of the Oversight Board, Resolution Trust Corporation, 202-786-9675.
 -0- 11/25/91


CO: Oversight Board, Resolution Trust Corporation ST: District of Columbia, Texas IN: FIN SU:

SB -- DC007 -- 6745 11/25/91 10:19 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 25, 1991
Words:221
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