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FirstCity Financial helps loans deal with performance issues. Through operating subsidiaries, the company buys, manages, and sells primarily nonperfoming loans from financial institutions, government agencies, and other lenders. It typically buys nonperforming loans at a deep discount but purchases performing loans, as well. The company or one of its affiliates services the loans it acquires. FirstCity Financial manages a portfolio worth approximately $11 billion. In addition to buying loans, the company invests in special situations such as restructurings, turnarounds...
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James T. Sartain
President, CEO, and Director
Pros: FirstCity fosters great teamwork, a friendly and down to earth staff that is understanding of your needs and goals, and you will likely develop a wide range of crucial skills and knowledge here. Career advancement is typically internal, with some… – Full Review
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