General World News

Fannie Mae picks winners of 4th RPL sale of 2022

Fannie Mae has completed the sale of its 27th reperforming-loan offering since the inaugural transaction in 2016.

The deal represents Fannie Mae’s fourth reperforming-loan sale this year and involves a total of some 6,060 loans valued at $986.4 million. The offering — originally announced August 11 and dubbed FNMA 2022-RPL4 — was divided into three loan pools that were awarded separately. 

Pool 1 was composed of 1,790 loans valued at $337.8 million; pool 2, 2,217 loans valued at $338.9 million; and pool 3, 2,055 loans valued at $309.7 million. Terms of the sale were not disclosed.

“The winning bidders were Pacific Investment Management Co. LLC (PIMCO) details ⇒

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