Fannie Mae names winner of second Community Impact Pool of NPLs

Fannie Mae names winner of second Community Impact Pool of NPLs

WASHINGTON, Oct. 30, 2018 /PRNewswire/ — Fannie Mae (OTC Bulletin Board: FNMA) today announced the winning bidder for its fourteenth Community Impact Pool of non-performing loans. The transaction.

WASHINGTON, Oct. 30, 2018 /PRNewswire/ — Fannie Mae (OTC Bulletin Board: FNMA) today announced the winning bidder for its fourteenth Community Impact Pool of non-performing loans. The transaction is expected to close on December 18, 2018, and includes approximately 66 loans totaling $22.9 million in unpaid principal balance (UPB); the loans are geographically focused in the New york city area.

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Fannie Mae, the largest US mortgage buyer, says home prices might start rising again. Fannie Mae today announced that New jersey community capital, a non-profit Community Development Financial Institution, is the winning bidder on the company’s second Community Impact Pool of non-performing loans.

New Fannie Mae Debt to Income Regulations In addition to the two larger pools, this NPL sale by Fannie Mae includes a smaller Community Impact Pool consisting of about 75 loans totaling $11 million in UPB.

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WASHINGTON, Oct. 30, 2018 /PRNewswire/ – Fannie Mae (OTC Bulletin Board: FNMA) today announced the winning bidder for its fourteenth Community Impact Pool of non-performing loans. The transaction is expected to close on December 18, 2018 , and includes approximately 66 loans totaling $22.9 million in unpaid principal balance (UPB); the loans are geographically focused in the New York.

VRMTG ACQ (VWH Capital Management, LP), a minority woman owned business, is the winning bidder on a pool of 667 non-performing loans (NPLs) with unpaid principal balance (UPB) totaling $129.23 million recently auctioned by Fannie Mae. The pool of loans, which is geographically focused in New Jersey, New York, Maryland, Illinois and Florida, has an [.]

WASHINGTON, Nov. 22, 2017 /PRNewswire/ — Fannie Mae (OTC Bulletin Board: FNMA) today announced the winning bidders for its ninth and tenth community impact Pools of non-performing loans. The transaction is expected to close on January 12, 2018, and includes approximately 690 loans totaling $124.12.

FHFA NonPerforming loan sales report august 2016 Through August 31, 2016, the Enterprisessold 59,629 loans with an aggregate UPB of $11.9 billion, an average delinquency of 3.4 years and an averageloantovalue of 97percent.

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