First Financial Network, Inc. to Sell $75 Million Commercial Real Estate Loan Portfolio

OKLAHOMA CITY, Aug. 26 OK-First-Financial


OKLAHOMA CITY, Aug. 26 /PRNewswire/ -- First Financial Network, Inc., the
nation's leading loan sale advisor, today announced the offering of more than
$75 million in non-performing commercial real estate loans. The portfolio is
being marketed on behalf of a U.S. banking institution.


Bliss Morris, President and CEO of First Financial Network, said, "We are
currently marketing four portfolios totaling nearly $400 million. That number
will more than triple in the near term as we have over $1.3 billion in
transactions slated over the next two quarters. This increase in secondary
market activity is representative of the changing economic conditions
resulting from the general decline in the credit markets. We are pleased to be
assisting numerous financial institutions with the disposition of diverse
portfolio types and are proud of the firm's proven ability to execute
successful loan sale transactions."


Founded in 1989, First Financial Network is the most experienced U.S. loan
sale advisory firm, having originally assisted the Resolution Trust
Corporation with the disposition of billions in loans during the bailout of
the S&L crisis. This experience bodes well as other financial institutions
seek to mitigate risk as the economy cycles again into uncertain times.


The portfolio announced today consists of over 200 loans secured by
various types of commercial real estate located primarily in the Southeast,
Midwest and Southwest United States.  Property types include commercial,
retail, residential, land and multifamily.


First Financial Network will market and manage all facets of the sale and
will stratify the portfolio into pools based on collateral type, performance,
geographic location and borrower relationships. A highly targeted marketing
campaign will be launched to procure sophisticated purchasers in order to
obtain maximum value on the portfolio. The company will utilize its online
Loan Trading Platform(TM) to provide qualified investors with immediate access
to due diligence information and the opportunity to place bids. Investors will
be given the opportunity to bid on individual loans, pools of loans or the
entire portfolio.


Investor due diligence is scheduled to begin August 29 and bids will be
taken September 25, 2008. For additional details regarding the offering,
please call 405.748.4100 or visit http://www.firstfinancialnet.com.



About First Financial Network:


Since its founding in 1989, FFN has defined the loan sale industry,
selling billions of dollars in loans and other assets in 28 countries. The
nation's leading loan sale advisor, FFN currently serves more top 25 banking
institutions than any other firm in the nation. In addition, the company
serves as loan sale advisor for agencies of the Federal government, commercial
banks, major foreign banks and other lenders. The company's online Loan
Trading Platform(TM) and Metrics(TM), an integrated transaction management
system, are used in conjunction with exceptional marketing techniques to
achieve optimal value in today's secondary market. For further information,
call 405.748.4100 or visit http://www.firstfinancialnet.com.



 Media Contact: Merrie Duncan, First Financial Network, Inc., 800.245.8695


 or mduncan@firstfinancialnet.com



SOURCE  First Financial Network, Inc.