Fannie Mae this week unveiled its 24th sale of reperforming loans since its first offering in 2016. The current deal is composed of more than 8,000 mortgages with an aggregate unpaid principal balance of $1.3 billion.
The sale of reperforming loans (RPLs) is being marketed in collaboration with Citigroup Global Markets, with bids due by March 1, 2022. The transaction involves three loan pools — with pool 1 composed of loans with about $421.2 million in unpaid principal balance; pool 2 is at $622.6 million; and pool 3, $277.2 million.
“Loans in Pools 1 thru 3 are being serviced details ⇒
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