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RTC Auction: Former bank buildings, mini-malls and...

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RTC Auction: Former bank buildings, mini-malls and office complexes will go on the block today when the Resolution Trust Corp. has its first auction of assets from Home Federal Savings & Loan, the state’s largest thrift failure.

RTC officials said Monday they have received 1,700 inquiries about the sale, which starts at 2 p.m. at the Anaheim Marriott, 700 W. Convention Way.

Eight Home Fed properties, last valued at a total of $14 million, will be sold, including Village Walk Shopping Center in Orange, South Grove Plaza in Garden Grove and Town Square in Los Alamitos.

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Assets from other failed thrifts also will be sold. For information, call the auction hot line at (714) 999-1212.

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