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Tag Archives: NPL Sales

Meet the Winner of Fannie Mae’s Community Impact Pools

DS News sat down with New Jersey Community Capital, winner of four out of five Fannie Mae Community Impact Pool Offerings, to discuss the reasoning behind their purchases and the change in the market that facilitated them.

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Fannie Mae’s First Community Impact NPL Pool Goes to New Jersey Non-Profit

The smaller Community Impact Pool consists of 75 high-occupancy and geographically focused loans with about $11 million in unpaid principal balance (UPB). The transaction is expected to close on October 26, 2015, according to Fannie Mae.

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Freddie Mac Completes NPL Sale With $591 Million in UPB

About 28 percent of the aggregate pool balance consisted of previously modified mortgages that subsequently became delinquent, according to Freddie Mac. The transaction is part of Freddie Mac's Standard Pool Offerings (SPOs) and is expected to settle sometime in mid-September.

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