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.
Fannie Mae completes third non-performing loan sale As of June 30, 2016, Fannie Mae was the named special servicer for approximately 29,000 loans. any third-party verification can ensure that all of the information fitch relies on in connection with.CoreLogic: July home prices increase 3.8% Home prices nationwide. according to a new report. Prices soared 4.6% in August from the same month last year, the biggest year-over-year increase since July 2006, according to real estate data.
To achieve that goal, Fannie packaged 71 loans focused in the Tampa, Florida-area for sale as part of a “Community Impact Pool”. In September, New jersey community capital (NJCC), a nonprofit community development financial institution (CDFI) was the winning bidder on these loans , which have an aggregate $10 million in UBP.
Fannie Mae’s second bulk NPL sale, which wrapped in mid-August, consisted of approximately 3,900 NPLs, selling for $765 million. In early September, Fannie Mae sold a smaller "Community Impact" Pool of about 75 non-performing loans with $11 million in UPB.
A nonprofit financial institution won the bid for Fannie Mae’s sixth Community Impact Pool of non-performing loans. This deal on nearly $26 million in NPLs is expected to close near the end of May..
Fannie Mae Announces Winner of Thirteenth Community Impact Pool of Non-Performing Loans Alicia Jones 202-752-5716. WASHINGTON, DC – Fannie Mae (fnma/otc) today announced the winning bidder for its thirteenth Community Impact Pool of non-performing loans.
New jersey community capital (NJCC), a nonprofit community development financial institution, is the winning bidder on Fannie Mae’s recent auction of a community impact pool of nonperforming loans (NPLs). NJCC – which was the winning bidder on the first community impact pool of NPLs auctioned by.
Fannie Mae announced the official winners of its. unpaid principal balance. Pool #1: 710 loans with an aggregate UPB of $173.8 million. Pool #2: 2,358 loans with an aggregate UPB of $587.9 million..
After announcing last week that it intended to join Freddie Mac in selling off pools of non-performing loans, Fannie Mae released the details of its first sale on NPLs. pool carries approximately.
Easing lending standards bring back first-time buyers Stone is leaning on the government to back the loans they finance, through Fannie Mae, Freddie Mac, and the federal housing administration and is aiming to push their lending standards further. a.
Fannie Mae began its official sale of Non-Performing Loans (NPLs) in April 2015 and since then has sold thousands of seriously delinquent loans. 949-559-9800 Media Library
Fannie Mae announced Monday the completion of its second set of traditional Credit Insurance Risk Transfer which will cover a total of $19.8bn in loans. The two deals – CIRT 2017-3 and CIRT 2017.