Fannie Mae offers $259.9 million non-performing loan pool for sale
FNMA•Fannie Mae launched a sale of non-performing loan pools, including a main pool covering about 1,217 deeply delinquent loans with a $259.9 million unpaid principal balance. Bids are due Oct. 27 for the main pool and Nov. 3 for a 27-loan Dallas-Ft. Worth Community Impact Pool with a $5.7 million balance.
1. Loan pool sale
Fannie Mae launched a sale of non-performing loan pools, including its 29th Community Impact Pool. The main pool covers about 1,217 deeply delinquent loans with a $259.9 million unpaid principal balance; the Dallas-Ft. Worth Community Impact Pool includes about 27 loans with a $5.7 million balance. Bids are due Oct. 27 for the main pool and Nov. 3 for the Community Impact Pool.
