Items Tagged with 'NPL'

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Freddie Mac sells $667 million in NPLs to private investors

Familiar names in buyer pool
As its fellow government-sponsored enterprise did earlier in the week, Freddie Mac announced Friday that it is selling hundreds of millions of dollars in non-performing loans to a familiar series of private investors. Here are the details of Freddie Mac's latest NPL sale.
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Fannie Mae selling another $1.68 billion in NPLs to Goldman Sachs subsidiary, private equity

9,400 non-performing loans sold out of Fannie Mae’s portfolio
In what is now a common occurrence, Fannie Mae announced Tuesday that it sold a large portfolio of non-performing loans to private equity funds, one of which is a subsidiary of Goldman Sachs. The sale, which was originally announced last month, consisted of 9,400 non-performing loans that carry an unpaid principal balance of $1.68 billion.
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Freddie Mac selling off $759 million in non-performing loans

First NPL sale of 2017
Recently, Fannie Mae announced its first non-performing loan sale of 2017, stating that it plans to sell 10,000 delinquent loans with a total unpaid principal balance of $1.76 billion from its portfolio. Fannie Mae’s fellow government-sponsored enterprise announced a NPL sale of its own on Friday.
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$106 million non-performing loan portfolio hits the market

Loan pool carries BPO value of $96 million
Buyers looking to acquire a pool of non-performing loans have that opportunity, as a $106 million pool of non-performing loans is now on the market, according to MountainView, which is acting as the exclusive advisor for the sale. Here are the details of the deal.
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Freddie Mac sells off $1 billion in NPLs to familiar private investors

Frequent buyers among winning bidders in latest non-performing loan auction
Freddie Mac announced Wednesday that it is selling $1 billion in non-performing loans off its books to a familiar group of private investors. Among the winning bidders in the NPL auction are Pretium Mortgage Credit Partners I Loan Acquisition, Upland Mortgage Acquisition Company II, and Rushmore Loan Management Services, all of which previously purchased NPL pools from either Fannie Mae or Freddie Mac.
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Fannie Mae sells $20.3m NPLs to familiar non-profit

Frequent buyer snaps up deeply delinquent mortgages
Fannie Mae broke with tradition recently when it announced plans to sell a pool of non-performing loans through its “Community Impact Pool” program to a private equity firm, rather than the non-profits, small investors and minority- and women-owned businesses it is designed to target. But in its fifth Community Impact Pool sale, Fannie Mae is turning back to a non-profit, and a familiar one at that.
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Colony Starwood Homes sells off massive non-performing loan portfolio

Announces sale of 1,675 non-performing loans for $265 million
One of the largest owners of single-family rental homes is getting out of the non-performing loan business, as Colony Starwood Homes announced Monday that it is selling off a massive portfolio of non-performing loans, basically closing the book on its NPL business.
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Fannie Mae sells first small NPL pool to private equity firm

First Community Impact pool not sold to a non-profit
Fannie Mae announced Thursday that it selected a winning bidder for its fourth sale of non-performing loans as part of its "Community Impact Pool" program. But for the first time since it began targeting smaller investors, Fannie Mae selected a private equity firm as the winner of the auction.
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