Tuesday, March 14, 2017

Fannie Mae to sell $1.65 billion in re-performing loans

Fannie Mae’s sale $1.68 billion in non-performing loans to private equity funds, one of which is a subsidiary of Goldman Sachs, wasn’t the only loan sale the government-sponsored enterprise announced on Tuesday.The GSE also announced its second sale of re-performing loans, which will be much larger that its first such sale.

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