Items Tagged with 'Community Impact Pool'

ARTICLES

  • Fannie Mae announces winners of latest non-performing loan sale

    Loans total $31.9 million in unpaid principal balance
    Fannie Mae announced the winners of its seventh and eighth Community Impact Pools for non-performing loan sales. The transaction of $31.9 million in unpaid principal balance will close later this summer, and will be required to follow the FHFA’s guidelines which encourage sustainable modifications.
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  • Fannie Mae announces latest non-performing loans sale

    And third reperforming loans sale
    Fannie Mae began marketing new pools of non-performing and reperforming loans, with bids due by various dates in June. In the non-performing loans category, the company designated its seventh and eighth Community Impact Pool designed to help small investors. Here is more on the company’s new offerings.
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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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  • Fannie Mae announces three pools of NPLs for sale

    Marks fourth Community Impact Pool offering
    In its latest sale of non-performing loans, Fannie Mae announced three different pool offerings for sale. And keeping up with its more specifically targeted Community Impact Pools, the first, smaller pool is being marketed to encourage participation by smaller investors, non-profit organizations and minority- and women-owned businesses.
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  • Fannie Mae picks non-profit for first small sale of non-performing loans

    Completes first “Community Impact Pool” sale
    Fannie Mae announced the winner of its first sale of non-performing loans as part of its “Community Impact Pool” program, which consists of smaller pools of non-performing loans and is designed to attract diverse participation by non-profits, small investors and minority- and women-owned businesses. Click here to read more.
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