From 1990-95, Tradewinds was one of the FDIC and RTC's most sought after contractors. In 1994, Black Enterprise Magazine named Tradewinds as one of the RTC's Top Three (3) Minority owned Contractors.
Tradewinds successfully managed the disposition of over $5 Billion in assets from defunct Savings and Loans in the Mid-Atlantic States including the assets from Perpetual Standard Federal and Second National Savings & Loans. These institutions were some of the largest lenders on the East Coast, and their assets included commercial and single family real estate loans, undeveloped land, small business loans, judgements deficiencies and charge-offs (JDCs) and significant interests in operating businesses including travel agencies, car washes and real estate brokerage firms.
Tradewinds consistently received "Excellent" ratings from the Atlanta Regional Office and National Sales Center. Tradewinds' contracts with the RTC and FDIC included:
|Asset Management (SAMDA 2.0)|
|Asset Management and Sales Advisory Services (SAMA)|
|Broker of Record for all FDIC Auctions in the Washington Metropolitan Region|
|Due Diligence Contractor for the Land Fund Initiatives|
|Financial Advisor in the Resolution of Complex Assets|
|National Sales Center Advisor|
The asset management tools and systems developed to manage the day to day operations for its SAMDA and SAMA operations formed the bases for Tradewinds work in the development of the FCC Automated Auction Systems and the HUD Asset Management/Due Diligence Integrated Document Management Systems.