Fannie Mae names winner of second Community Impact Pool of NPLs

Why is it important for banks to reduce bad loans? Fannie Mae names winner of second community impact pool of. – Fannie Mae announced it named New Jersey Community Capital, a non-profit Community Development Financial Institution, as the winning bidder on the company’s second Community Impact Pool of non.

Fannie Mae Announces Winner of Sixth Community Impact Pool of Non-Performing Loans. The cover bid price for this Community Impact Pool is 50.2% of UPB (46.9% of broker price opinion)..

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WASHINGTON, March 28, 2017 /PRNewswire/ — Fannie Mae (OTC Bulletin Board: FNMA) today announced that New Jersey Community Capital, a non-profit community development financial institution, is the winning bidder of the company’s sixth Community Impact Pool of non-performing loans. The transaction is expected to close on May 23, 2017, and includes 158 loans secured by properties located in the.

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June 26, 2018. Fannie Mae Announces Winner of Thirteenth Community Impact Pool of Non-performing loans alicia jones 202-752-5716. WASHINGTON, DC – Fannie Mae (FNMA/OTC) today announced the winning bidder for its thirteenth Community Impact Pool of non-performing loans.

WASHINGTON, Oct. 30, 2018 /PRNewswire/ — Fannie Mae (OTC Bulletin Board: FNMA) today announced the winning bidder for its fourteenth Community Impact Pool of non-performing loans. The transaction is expected to close on December 18, 2018, and includes approximately 66 loans totaling $22.9 million in unpaid principal balance (upb); the loans are geographically focused in the New York City area.

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New Jersey Community Capital (NJCC), a nonprofit community development financial institution, is the winning bidder on Fannie Mae’s recent auction of a community impact pool of nonperforming loans (NPLs). NJCC – which was the winning bidder on the first community impact pool of NPLs auctioned by.

Fannie Mae announced the winning bidder for its second-ever sale of deeply delinquent non-performing loans (NPLs) on Thursday. this NPL sale by Fannie Mae includes a smaller Community Impact Pool.

Still, Perry almost seemed to minimize the impact, adding: ‘People understand that it is our. MICHELE BACHMANN: Even with her stinging criticism of Fannie Mae and Freddie Mac, she was largely.

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Fannie Mae Announces Winner of Thirteenth Community Impact. – Fannie Mae Announces Winner of Thirteenth Community Impact Pool of Non-Performing Loans. which is the second highest bid, for the Community Impact Pool was 71.16% of UPB (54.48% of broker’s.

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