Thursday, April 13, 2017

Fannie Mae sells $1.62 billion in re-performing loans to Credit Suisse subsidiary

Fannie Mae announced Thursday that it completed its second sale of re-performing loans, selling more than $1.6 billion in re-performing loans to a subsidiary of Credit Suisse. Here are the details on the latest mortgage purchase for DLJ Mortgage Capital, which also recently bought up more than $4.6 billion in loans from HSBC.

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