Goldman Sachs affiliate wins Fannie Mae reperforming loan sale

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WASHINGTON, DC – Fannie Mae (FNMA/OTC) today announced the winning bidders for its tenth non-performing loan sale. The sale included approximately 3,400 loans totaling $581.1 million in unpaid principal balance (UPB), divided among three pools. The winning bidders for the transaction were MTGLQ Investors, L.P.

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FHFA NonPerforming Loan Sales Report August 2016 Through August 31, 2016, the Enterprisessold 59,629 loans with an aggregate UPB of $11.9 billion, an average delinquency of 3.4 years and an averageloantovalue of 97percent.

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Growth reduces delinquency CMBS rate: Fitch issuances. – Similar to loan-status classifications made at the outset of the general growth properties bankruptcy, Fitch anticipates that the loan may be reclassified as "current" in future remittances; however, a potential correction of the loan is unlikely to reverse the rising CMBS and hotel-specific delinquency rates, the firm adds.

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WASHINGTON, June 13, 2018 /PRNewswire/ — Fannie Mae (OTC Bulletin Board: FNMA) today began marketing its seventh sale of reperforming loans as part of the company’s ongoing effort to reduce the.

On Thursday, Fannie Mae announced the results of its second reporforming loan sale transaction. The deal was previously announced on March 14, and consisted of 7,600 loans totaling $1.65 billion.

Fannie also announces sale of smaller npl pool to non-profit For the third time in 2016, MTGLQ Investors, L.P., a "significant subsidiary" of Goldman Sachs is the winning bidder for a pool of non-performing loans fromFannie Mae, pushing the amount of loans sold to MTGLQ Investors over $2 billion in 2016.

Fannie Mae announces marketing for the seventh sale of its nearly $2 billion re-performing loans, as part of the company’s effort to reduce the size of its retained mortgage portfolio. Earlier this month, Fannie announced goldman sachs as the thirteenth winner.

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