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There is growing interest from investors for a chance to get in on a $1.1 billion package of commercial real-estate loans that had been given out by failed banks.

The Federal Deposit Insurance Corp. has received more than a dozen bids for the package of loans held by several defunct banks including the Franklin Bank, IndyMac Bank, and others according to a report in the Wall Street Journal.

The FDIC continues to hold a substantial amount of real-estate loans that continues to grow as more banks fall victim to the current economic climate. This package that is gaining interest would hardly put a dent into the FDIC's total holdings.

Once the deal is done, the transaction will account for the second-largest bulk sale of this kind since the downturn began. The FDIC is expected to announce the winning bidder for the portfolio within the next two weeks. Read more.