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WASHINGTON, DC – Fannie Mae (FNMA/OTCQB) today announced its latest sale of non-performing loans, including the company’s fifteenth Community Impact Pool. Community Impact Pools are typically smaller pools of loans that are geographically-focused, and marketed to encourage participation by non-profit organizations, minority- and women-owned businesses (mwobs), and smaller investors.
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Fannie Mae announced it reduced its seriously delinquent portfolio with its latest sale of $581.1 million in non-performing loans. Its tenth non-performing loan sale totaled about 3,400 loans of.
· Fannie Mae Announces Winner for Non-Performing Loan Sale. This latest pool of Fannie’s non-performing loans includes approximately 667 loans, with a total unpaid principal balance (UPB) of $129.23 million. The loans are geographically focused in New Jersey, New York, Baltimore, Maryland, Cook County, Illinois, and Miami, Florida, according to Fannie.
WASHINGTON, May 15, 2018 /PRNewswire/ — Fannie Mae (OTC Bulletin Board: FNMA) today announced its latest sale of non-performing loans, including the company’s thirteenth Community Impact Pool.
Fannie Mae Announces Winner of Non-performing Loan Sale. The Group 2 Pool consisted of 2,793 loans with an aggregate UPB of $441,703,102 and an average loan size of $158,146. The weighted average note rate was 5.04 percent, the weighted average delinquency was 34 months, and the weighted average BPO loan-to-value ratio was 65 percent. The Group 3.
WASHINGTON, Sept. 13, 2018 /PRNewswire/ — Fannie Mae FNMA, -0.53% today announced its latest sale of non-performing loans, including the company’s fourteenth Community Impact Pool.
. MAE – BIDS ARE DUE ON FOUR LARGER POOLS ON JUNE 5 AND ON COMMUNITY IMPACT POOL ON JUNE 19 * FANNIE MAE – FOUR LARGER POOLS INCLUDE ABOUT 10,300 LOANS TOTALING $1.71 BILLION IN UNPAID PRINCIPAL.
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WASHINGTON, May 14, 2019 /PRNewswire/ — Fannie Mae (otcqb:FNMA) today announced its latest sale of non-performing loans, including the company’s fifteenth Community Impact Pool.
WASHINGTON, May 15, 2018 /PRNewswire/ — Fannie Mae (OTC Bulletin Board: FNMA) today announced its latest sale of non-performing loans, including the.
Houzz raises $165 million for expansion Houzz Raises $165 Million to Transform Home Renovation Around the World. The investment will be used to accelerate the company’s international expansion and to further build its technology.April’s depreciating home prices could signal the market reached its peak Housing Market Crash 2020? A new Wall Street Journal report puts the odds of a recession at their highest level in 7 years, at 25%. Previously, economists forecasted 2020 as the year of the collapse. Perhaps we should revisit housing market demand and re-examine whether this could be when high home prices crash?New homes sales tumble 11.4% in March Fannie Mae: Consumers think it’s easier than ever to get a mortgage · The company has already seen results from its innovation push. Through its Day 1 Certainty initiative, Fannie Mae leveraged its industry-standard desktop underwriter system with data validation services that use third-party vendors to validate an applicant’s information digitally before a loan is ever delivered to Fannie Mae.Star of ‘The Big Short’ backs new mortgage venture The Real Life Star Of ‘The Big Short’ Is A Walking Hollywood Blockbuster.. I’ll split the difference and say that Michael Burry is currently worth $250 million, I take that back, Batman.HomeStar adds Matt Richey as senior vice president "It’s an important next step for HomeStar," said Bradley Trapnell, senior vice president of business development for HomeStar, who helped establish the Dallas location.Washington – Sales of new US homes plunged in March after a sharp rise in February, the commerce department reported on Thursday. Sales of new single-family houses came in at an annual rate of 481 000 last month, down 11.4% month-over-month.
Fannie Mae announced their RPL results and NPL sale a day after Freddie Mac announced the completion of its auction of 1,789 non-performing residential first lien loans (NPLs) from its mortgage.
WASHINGTON, May 15, 2018 /PRNewswire/ — Fannie Mae FNMA, -1.36% today announced its latest sale of non-performing loans, including the company’s thirteenth Community Impact Pool.