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From Times Staff and Wire Reports

NCNB May Sell Delinquent Loans: NCNB Corp. Chairman Hugh McColl said the bank is considering selling a large portion of its delinquent loans and foreclosed real estate. McColl, in a speech before securities analysts in New York, discussed plans to manage the problem assets of NationsBank, the proposed combination of NCNB and C&S;/Sovran Corp. McColl, who will serve as president and chief executive of NationsBank, said in prepared remarks that the combined bank could sell “a large portion, if not all of the problem assets” to Amresco, an NCNB unit that manages problem loans from failed thrifts and banks.

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