Fannie Mae selling $1.2B in non-performing loans

NEW YORK, Feb 10 (Reuters) – Freddie Mac FRE.NFRE.P and Fannie Mae. most of the delinquent loans backing mortgage securities and holding them in their own portfolios will be less than the cost of.

79.9% of each company's common stock and subsequently selling those shares through secondary offerings.. This Blueprint would build capital at Fannie Mae and. Freddie Mac. for middle-class and working-class americans remains.. trillions. agency securities. Non-Agency Securities. Loans. 37%.

Fannie Mae announced Thursday that it completed its second sale of re-performing loans, selling more. 1.68 billion in non-performing loans to private equity funds, one of which is a subsidiary of.

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 · Fannie Mae’s latest sale of non-performing loans includes three pools of about seven thousand loans totaling $1.2 billion in unpaid principal balance. Credit Suisse Securities, J.P. Morgan Securities, Bank of America Merrill Lynch and the Williams Capital Group L.P. are collectively marketing the sale of the loans.

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Fannie Mae has joined the ranks of Freddie Mac in selling delinquent loans to clean up its portfolio. The delinquent loans consist of non-performing single-family mortgages and.

WASHINGTON , May 15, 2018 /PRNewswire/ — Fannie Mae (OTC Bulletin Board: FNMA) today announced its latest sale of non-performing loans, including the company’s thirteenth Community Impact Pool.

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In what is now a common occurrence, Fannie Mae announced Tuesday that it sold a large portfolio of non-performing loans to private equity funds, one of which is a subsidiary of Goldman Sachs. The sale.

In mid-May, HUD announced that some changes were coming to its Distressed Asset Stabilization Program (DASP), the program through which the Department sells deeply delinquent, non-performing loans..

M&T Under Investigation; Cool Trends in Capital Markets. soured Fannie Mae and Freddie Mac loans to the government-backed mortgage guarantors as it pares its portfolio after coming under.

3 Important Changes to Fannie mae mortgage loans. You may qualify for a Fannie Mae loan if your debt-to-income ratio doesn’t exceed 36% of your monthly income and your FICO score is at least.