Thursday, July 28, 2016

Fannie Mae sells first small NPL pool to private equity firm

Fannie Mae announced Thursday that it selected a winning bidder for its fourth sale of non-performing loans as part of its “Community Impact Pool” program. But for the first time since it began targeting smaller investors, Fannie Mae selected a private equity firm as the winner of the auction.

from Byrd Mix via byrd memphis developer

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