Do you feel let down by Signature Bridge Bank and the FDIC? You’re Not Alone.

Many borrowers like you were handed unfair loan extensions by the FDIC and Signature Bridge Bank after the seizure of Signature Bank. These short-term extensions, often lasting less than a year, came with a catch: waiving your legal rights.

The FDIC, with their market knowledge, would already have known these extensions would expire during a time of turmoil, high-interest rates, a shaky economy with regional banks retreating from lending to the commercial real estate market. The proposed changes will result to a significant number of borrowers facing challenges in refinancing their matured loans, resulting in defaults, foreclosures, and other adverse outcomes. The new lender, contributing only 3.5% of the portfolio value compared to your original 15% – 35%, will wield considerable influence over and shape your financial future. Do you think this was done deliberately? Is not the FDIC using taxpayers’ dollars to benefit a group of private equity companies? You deserve better.

We’re a group of borrowers standing together to stand and advocating for our fair treatment from the FDIC and prevent this from happening to others.

Here’s what we’re doing:

Raising awareness: We’re shining a light on the FDIC’s unfair practices and demanding accountability.

Advocating for our rights: We are working to align with appropriate legal and subject matter experts who are willing to join us in helping ensure borrowers are treated justly.

Building community: We’re providing informational support and resources to help each other through this challenging time.

Join us today!