No it is not. Max file is the 3ds max project file and is not importable into Blender. Download static models in .obj format, and animated models in FBX format for blender.
FPE files are found in the entitybank folder and are the files that tell the engine how to initially where the texture is, what shader to use, what collision and sounds, and animation sequences if needed.
Intel(R) Core(TM)2 Quad CPU Q6600 @ 2.40GHz, 2400 Mhz, 4 Core(s), 4 Logical Processor(s), 8gb RAM, Nvidia gtx660, Windows 7 Pro 64bit