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ALEXANDRIA, Va., and DETROIT — NCUA liquidated the remains of the troubled Huron River Area Credit Union of Ann Arbor, Mich. on Nov. 17 and sold it to Detroit Edison Credit Union in a purchase and assumption transaction. The agency assumed control of $170 million worth of delinquent Florida real estate and a lawsuit related to the loans. NCUA then promptly hired DebtX, one of the nation’s largest loan sale advisors for commercial debt to sell off a portfolio of $26 million in foreclosed home loans secured by properties in suburban Fort Myers, Florida.

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