Saturday, 25 June 2022 | The Latest Buzz for the Appraisal Industry

Fannie Mae Names Winner of Community Impact Pool of Non-Performing Loans

Fannie Mae has announced the winning bidder for its eighteenth Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on December 10, 2021. It includes approximately 140 loans totaling $44.6 million in unpaid principal balance (UPB). The loans are geographically focused in the New York area, and the winning bidder was Residential Credit Opportunities VI, LLC (AMIP). The pool was marketed with BofA Securities Inc. and First Financial Network Inc.



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