Fannie Mae Sells Mortgages

Fannie Mae to sell non-performing loans

Fannie Mae Sells Non-Performing Loans

Fannie Mae Sells Mortgages

 

For the first time in history, Fannie Mae announces its sale of non-performing loans. Bidders that qualify can purchase from approximately 3,200 non-performing mortgage loans.  Accumulatively, the principal balance of unpaid loans reaches a whopping $786 million. Fannie Mae is collaborating with Bank of America Merrill Lynch, Credit Suisse and The Williams Capital Group.

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