Heskin has successfully executed government assignments covering over 45,000 assets, $3.0 billion book value, coordinating and performing the variety of tasks which are involved in major government initiatives.   Within the last ten years alone, Heskin has been integrally involved in 18 major asset disposition transactions such as:

· FDIC'S SAIL '98 SALES INITIATIVE - PHASE II (1999 – 2000) for Washington DC and Dallas, Texas Offices covering Forward Loan Sale and Collapse of REMIC Trust Structures and Completion of Servicing Rights Sale.  

· FDIC'S SAIL '98 SALES INITIATIVE PHASE I (1998 – 1999) for Washington, DC National Sales and Dallas, Texas Offices covering the analysis, valuation and sales structuring for three asset groups (1,393 loans, $34.5 million BV); (7,831 servicing rights assets, $783 million BV); (91 Mortgage Backed Securities transactions, $789 million BV).   Performed asset due diligence and valuation services; team reporting and MIS control for entire initiative; significant sales structuring and support services (expanded in Phase II); worked closely with legal coordination team with in-house FDIC counsel and private counsel; directed closing/post closing accounting; settlement and reconciliations with in-house FDIC accounting team.  

· FDIC'S NESC/RAMS SALES INITIATIVE PHASE II (1998) covering 2,000+ assets (from initial universe of 7,600 assets) conducted by FDIC'S Hartford Office, providing financial analysis, full due diligence, asset and pool valuation methodologies/implementation, stratification recommendations, marketing, investor-bid support, legal coordination, all reporting and closing/post-closing accounting/reconciliation administration.  

· FDIC'S NESC RAMS SALES INITIATIVE PHASE I (1997), conducted by FDIC'S Franklin, Massachusetts Office, providing financial analysis, due diligence, design/analysis of appropriate valuation methodology, sales process and timeline plans, stratification and valuation services, marketing/sales support, investor communications, legal coordination, MIS control, bid closing and post-closing accounting/reporting administration.  

· FDIC'S $76 MILLION USX PARTICIPATED INTEREST ASSET SALE (1996) for the FDIC Midwest (Chicago) Office, providing full asset advisory services, participated lender negotiations, due diligence review, valuation, bid packages, marketing, investor communication, bid process, closing and post-closing accounting administration.  

· FDIC'S LSBO/PARTICIPATED INTEREST SALES INITIATIVE PHASE III (1996), 16,200 assets, for the FDIC Dallas Office, providing full asset advisory services, due diligence, MIS, legal coordination services and closing accounting and reporting administration (project commenced in late 1995).  

· FDIC'S LSBO/PARTICIPATED INTEREST/SINGLE FAMILY LOAN SALES INITIATIVE, PHASES I AND II (1995), 16,000 assets $238 million B. V., conducted by FDIC Dallas office, served as co-financial advisor (as prime subcontractor) involved in all project phases: full financial advisory, due diligence, valuation, stratification, investor outreach, legal coordination, marketing, bid support and closing.  

· Dallas, Denver, Atlanta RTC SELLER FINANCED LAND LOAN AND INSTITUTION LAND LOAN SALES INITIATIVES (1994), conducted simultaneously for three regional offices, served as co-financial advisors (as prime subcontractor) in charge of all phases of the sales process/supervisor of the due diligence contractors and liaison with the RTC's National Sales Center, coordinating the approved methodology for valuing RTC's Seller-Financed product.  

· FDIC/RTC ASSET MANAGEMENT AND DISPOSITION AGREEMENTS (1991 – 1995) covering 37,000 government assets, $2.2 billion book value, including ORE; performing, nonperforming, subperforming loans (secured and unsecured); judgments, deficiencies and charge-offs (JDC’s); loans serviced for others (LSFO’s); loans serviced by others (LSBO’s); and servicing rights.  

· CITICORP, N.A.(GLOBAL REAL ESTATE INVESTMENT DIVISION/NOW CITIGROUP) (1996 – Present), operating partner through its affiliated entity, providing asset management and disposition services for commercial properties located in Massachusetts, Minnesota and California.  

· VÄRDE PARTNERS, MINNEAPOLIS, MINNESOTA (1994 – Present), due diligence services, asset management and disposition for a variety of assets (loans, REO) located nationwide.  

· LOAN RESTRUCTURING, FINANCIAL ANALYSIS, DUE DILIGENCE, ASSET DISPOSITION PLANS, ASSET VALUATIONS (1993 – 1996) for a variety of clients, including Norwest Bank, N. A. (now Wells Fargo), First Bank System (now US Bank), Goldman Sachs and GE Capital Corp.  

Participation in the above initiatives as financial/sales advisor, due diligence contractor, asset valuation specialist, marketing/sales implementation support, national asset advisor and closing administrator has honed Heskin Contract Team skills to serve as a multi-dimensional financial and transactional advisor to its governmental and private sector clients.   This broad financial transactional capability of the Heskin Contract Team together with its continuing experience in managing, reviewing, valuing, restructuring, if needed, and selling a variety of asset types - whole loans, participations, LSBO's JDC's, REO, secured commercial/single family and unsecured business/personal loans - distinguishes The Heskin Group, Inc. among its competitive peers.