Items Tagged with 'reperforming loan sale'

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  • Fannie Mae announces winner of 11th reperforming loan sale

    Sale includes unpaid principal balance of $3.27 billion across four pools
    Fannie Mae announced that DLJ Capital Mortgage, a Credit Suisse subsidiary, is the winner of its 11th reperforming loan sale. The deal includes more than 21,000 loans with an unpaid principal balance of $3.27 billion across four pools and is expected to close on June 21, according to Fannie Mae.
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  • Fannie Mae begins 8th sale of re-performing loans

    Continues effort to reduce mortgage portfolio size
    Fannie Mae announced Tuesday it began marketing its eighth re-performing loan sale as part of its ongoing effort to reduce its retained mortgage portfolio. This latest sale consists of about 18,400 loans with an unpaid principal balance of about $3.59 billion.
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