Fannie Mae names winner of second Community Impact Pool of NPLs

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Community Impact Pools are typically smaller pools of loans that are. Among other elements, terms of Fannie Mae's non-performing loan transactions require. The winning bidder of the four pools for the transaction, which is expected. The cover bid, which is the second highest bid, was 92.80% of UPB.

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 [.]

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The cover bid, or second-highest bid, was 90.7% of the unpaid principal balance of the four pools. fannie mae began marketing the sale of this pool on October 11, 2017 with Citigroup Global Markets as.

 · WASHINGTON, June 26, 2018 /PRNewswire/ — Fannie Mae (OTC Bulletin Board: FNMA) today announced the winning bidder for its thirteenth Community Impact Pool of non-performing loans. The transaction is expected to close on August 20, 2018, and.

Fannie Mae and Freddie Mac, Former Executives Fannie Mae. second highest bid, was 92.8% of UPB – or 59.15% of BPO – for the total of the four pools that were purchased on an all-or-none basis, according to the GSE’s press release. The loan.

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Fannie Mae announced it named New Jersey Community Capital, a non-profit Community Development Financial Institution, as the winning bidder on the company’s second Community Impact Pool of.

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