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Fannie Mae Reperforming Loan Sale Includes Nearly 5,500 Loans to JP Morgan

Fannie Mae’s results of a recent reperforming loan sale of approximately 5,460 loans totaling $663.3 million in unpaid principal balance (UPB) was awarded to JP Morgan Mortgage Acquisition Corp. (Chase). The transaction is expected to close on August 26, 2022. The pool was marketed with Citigroup Global Markets Inc. as advisor.

The loan pool awarded in this most recent transaction includes an average loan size of $121,476, weighted average note rate of 4.49%, and

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