FDIC may sell bonds tied to failed banks: report

The first sales could include about $2 billion of the FDIC's remaining stakes in loans from Corus Bank and Franklin Bank , according to Bloomberg, citing people familiar with the matter. The agency would guarantee the debt, the report said.

The FDIC also may sell parts of a re-securitization of about $2 billion of mortgage bonds without government-backed guarantees, Bloomberg said. The FDIC would insure the senior-ranked securities but is unlikely to sell or guarantee the junior securities, according to the report.

A spokesman for the FDIC said in an e-mailed statement that the agency cannot comment on pending sales.

The FDIC, which currently holds about $40 billion of assets from seized banks, last year sold part of its holdings in Corus and Franklin as structured loans, according to the report.

(Reporting by Clare Baldwin; editing by Carol Bishopric)