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Investors proposed to sell EPIC properties.

October 18, 1985

The Maryland Deposit Insurance Fund joined with a group of investors to offer the liquidation plan, which would involve about 20,000 properties owned by limited partnerships formed by Equity Programs Investment Corp. The aim, they said, was to make more salable EPIC's parent, Community Savings & Loan of Bethesda, Md., which has been placed in state conservatorship. Ticor Mortgage Insurance, which insured the largest share of the troubled investments, reacted cooly to the plan while withholding final judgment, pending further study.

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