You're reading: Wall Street Journal: Latest Oklahoma export – distressed Ukraine loans

After years of war and economic malaise, Ukraine is struggling under a mountain of bad loans. Now the crisis is creating a business opportunity for an Oklahoma family company.

Oklahoma City’s First Financial Network, run by the husband-and-wife team of John and Bliss Morris, has carved out a niche selling nonperforming loans—many of them real-estate—in countries like Mexico, Nicaragua, Spain and the U.S.

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