Fannie Mae Announces Winner of Twenty-Fifth Community Impact Pool of Non-Performing Loans
October 24, 2024
October 24, 2024
WASHINGTON, Oct. 24 -- Fannie Mae issued the following news release:
Fannie Mae (FNMA/OTCQB) today announced the winning bidder for its twenty-fifth Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on December 20, 2024, and includes 29 deeply delinquent loans totaling $7.2 million in unpaid principal balance (UPB). The loans are geographically focused in the New York area, and the winning bidder was RCG Strategic Acquisitions, LLC. The pool w . . .
Fannie Mae (FNMA/OTCQB) today announced the winning bidder for its twenty-fifth Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on December 20, 2024, and includes 29 deeply delinquent loans totaling $7.2 million in unpaid principal balance (UPB). The loans are geographically focused in the New York area, and the winning bidder was RCG Strategic Acquisitions, LLC. The pool w . . .