Tag Archives: Delinquent Loans

While HUD recently proposed changes to its distressed loan sale program allowing a "preferential bidding" option to involve more non-profits, Fannie Mae still sells its non-performing loans to the highest bidder.

The goal of the FHFA's non-performing loan sales is to help borrowers avoid foreclosure. But the Agency's report indicated that the majority of NPLs sold by the GSEs have not achieved any outcome at all.