Tuesday, 9 August 2022 | The Latest Buzz for the Appraisal Industry

Fannie Mae Awards 19th New York Area Pool of Non-Performing Loans

Fannie Mae has named The State of New York Mortgage Agency Community Restoration Fund (SONYMA CRF) as the winning bidder for its nineteenth Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on August 19, 2022. It includes approximately 120 loans totaling $36.2 million in unpaid principal balance (UPB). The loans are geographically focused in the New York area. The pool was marketed with BofA Securities Inc. and First Financial

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