The GSEs have endured some criticism for selling non-performing loans to private investors. But they are working to involve non-profits more in the loan sales.
Read More »Fannie Mae to Market More NPLs to Non-Profits
Fannie Mae has put its fourth Community Impact Pool for sale via auction—a smaller pool of geographically-focused, high occupancy loans marketed specifically for participation from non-profits and MWOBs.
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 Targets Non-Profits With Delinquent Pool
Housing advocates have been calling for government agencies to sell more non-performing mortgage loans to non-profits. With the announcement of Fannie Mae's latest non-performing loan (NPL) auction, they are partially getting their wish.
Read More »Non-Profit Gets in on Freddie Mac’s Delinquent Loan Sale
Democratic lawmakers and housing advocates have been calling for the GSEs to sell non-performing loans (NPLs) to non-profits and Community Development Financial Institutions, and on Wednesday, they partially got their wish.
Read More »National Community Stabilization Trust Welcomes New President
Grossinger's priority in his new position will be to continue to move the organization's established market-relevant housing strategies forward, while increasing its focus on markets that are still struggling to see a housing and economic recovery.
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