Tuesday, March 14, 2017

Fannie Mae selling another $1.68 billion in NPLs to Goldman Sachs subsidiary, private equity

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, which was originally announced last month, consisted of 9,400 non-performing loans that carry an unpaid principal balance of $1.68 billion.

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