Fannie Mae sells off $26 million in NPLs to nonprofit

The decision to sell off. million in unpaid principal balance. In early September, Fannie Mae sold a smaller "Community Impact Pool" of NPLs including 71 loans with approximately $10 million in UPB.

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Fannie Mae announced Tuesday its latest sale of non-performing loans, which includes Fannie Mae’s second sale of a smaller pool of non-performing loans that are specifically targeted for placement.

Fannie Mae sells off $26 million in NPLs to nonprofit Housing nonprofits march in step with returning soldiers To take a step back and. of barriers to housing for people of extremely low incomes and has pretty creative ideas around that and shown real interest," said Colleen Carmichael, executive director.Rental demand to grow by 6.6 million.

Fannie Mae sells off $26 million in NPLs to nonprofit Fannie Mae announced the winning bidder of its sixth Community Impact Pool of non-performing loans. The winner, New Jersey Community Capital, is a nonprofit community development financial institution.

Fannie Mae’s fellow government-sponsored enterprise announced a NPL sale of its own on Friday. Freddie Mac said Friday that it is planning to sell off $759 million non-performing loans in its first NPL sale of 2017. According to Freddie Mac, the NPLs are currently serviced by Nationstar Mortgage or Specialized Loan Servicing.

Fannie Mae’s fellow government-sponsored enterprise announced a NPL sale of its own on Friday. Freddie Mac said Friday that it is planning to sell off $759 million non-performing loans in its first NPL sale of 2017. According to Freddie Mac, the NPLs are currently serviced by Nationstar Mortgage or Specialized Loan Servicing. The sale marks.

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Fannie Mae Sells More Delinquent Loans to Non-Profit. in Daily Dose, Featured, (NPLs) to private investors and Wall Street rather than non-profits or other community development organizations.

Less than a week following a nationwide wave of protests from advocacy groups on the sales of non-performing loans (NPLs) by HUD, Fannie Mae, and Freddie Mac to investors and private equity firms.

And Gorelick drew criticism from both the left and the right when it was revealed she received $26 million from Fannie Mae before the mortgage giant was bailed.