According to the GSE, the Federal Housing Finance Agency announced additional enhancements to its requirements for sales of non-performing loans by Fannie Mae and Freddie Mac on April 14, 2016, that build on requirements originally announced in March 2015. These enhancements apply to the non-performing sale that was announced today.
Read More »Fannie Lists Billions in Non-performing Loan Pools
The GSE has announced the sale of five non-performing loan pools, including a smaller Community Impact Pool aimed at non-profits and minority-owned businesses.
Read More »Colony Starwood Homes Completes Non-Performing Loan Sale
With their recent non-performing loans sale, Colony Starwood Homes has substantially completed its exit from the non-performing loans business.
Read More »Fannie Mae Unloads More 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.
Read More »Investing? Do Your Homework
Buyers of non-performing loan variations should focus on risk management and due diligence. This select print feature originally appeared in the July 2016 issue of DS News.
Read More »Majority of Troubled Loans Sold by FHFA are Unresolved
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.
Read More »Freddie Mac Peddles More Deeply Delinquent Loans
The transaction included five pools of non-performing loans serviced by Bayview Loan Servicing and were an average of five years delinquent.
Read More »Where is the Middle Ground in NPL Sales Guidelines?
Are the guidelines for the buyers of agency non-performing loans too strict or not strict enough? There are risks attached to both, which makes it necessary to find a balance between the two.
Read More »Fannie Mae Sells More Delinquent Loans to Non-Profit
Government agencies have have taken a lot of heat from advocacy groups, civil rights groups, and lawmakers in the last few months over the sales of delinquent mortgages to private investors. Fannie Mae went another route with its latest sale.
Read More »Fannie Mae’s Portfolio Gets a Little Less Delinquent
Wall Street has figured in another billion-plus dollar non-performing loan (NPL) sale for one of the GSEs.
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