The Federal Deposit Insurance Corp. plans to accept bids on a $1.97 billion portfolio of loans from 22 seized banks, pushing the agency’s structured asset sales this year beyond the full-year 2009 total.

The sale includes 1,739 loans mostly tied to commercial real estate, with borrowers late on payments for almost half the portfolio, according to a preliminary announcement obtained by Bloomberg News.

The FDIC is stepping up sales of assets accumulated by the bank regulator as 182 firms failed since January 2009. The agency is trying to restore its deposit insurance fund, which posted a $20.9 billion deficit last year after lenders collapsed at the fastest pace in two decades.

The new portfolio will be sold as a structured transaction, which means the FDIC will share ownership and proceeds with the winning bidder, the announcement said.

Payments are late on an estimated 49% of the loans, according to the document. The biggest portions of the portfolio came from Community Bank of Nevada, First Bank of Beverly Hills and New Frontier Bank. Loans from Silverton Bank and Corus Bank also are included, Bloomberg reports.

The transaction would bring the book value of structured asset sales planned or completed by the FDIC this year to at least $10.2 billion, according to data compiled by Bloomberg, compared with $9.98 billion in similar deals for all of 2009.

Qualified bidders can begin due diligence on May 3 and submit bids by June 8. The closing date is June 25.

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