Intervest Bancshares sells non-performing and underperforming assets to Varde Partners and FirstCity Financial - MarketLine Financial Deals

Intervest Bancshares sells non-performing and underperforming assets to Varde Partners and FirstCity Financial

Intervest Bancshares sells non-performing and underperforming assets to Varde Partners and FirstCity Financial - MarketLine Financial Deals
Intervest Bancshares sells non-performing and underperforming assets to Varde Partners and FirstCity Financial
Published May 25, 2010
3 pages — Published May 25, 2010
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About This Report

  
Abstract:

Intervest Bancshares Corporation, a bank holding company, through its wholly-owned subsidiaries Intervest National Bank (Bank) and Intervest Mortgage Corporation (IMC), has sold certain non-performing and underperforming assets to affiliates of Varde Partners, Inc. and FirstCity Financial Corporation.

  
Source:
Document ID
MA25875_100531
Country
Ticker
FCFC=US
Ticker
IBCA=US
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MLA:
MarketLine Financial Deals. "Intervest Bancshares sells non-performing and underperforming assets to Varde Partners and FirstCity Financial" May 25, 2010. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Intervest-Bancshares-sells-non-performing-and-underperforming-assets-to-Varde-Partners-and-FirstCity-Financial-2052-33802>
  
APA:
MarketLine Financial Deals. (2010). Intervest Bancshares sells non-performing and underperforming assets to Varde Partners and FirstCity Financial May 25, 2010. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Intervest-Bancshares-sells-non-performing-and-underperforming-assets-to-Varde-Partners-and-FirstCity-Financial-2052-33802>
  
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