The results of Fannie Mae’s twenty-sixth reperforming loan sale transaction include the sale of approximately 4,390 loans totaling $889.75 million in unpaid principal balance (UPB), divided into two pools. The winning bidders of Pool 1 and Pool 3, respectively, were Pacific Investment Management Co. LLC (PIMCO) and Kah Capital Mortgage Credit Master Fund II LP, each awarded individually. Pool 2 was not awarded. The transaction is expected to close on August 19, 2022. The
Looking Ahead to the Biden Administration and 117th Congress
2021 promises to be a big year for the appraisal profession. The coronavirus pandemic forced appraisers to quickly adapt, and we had to tackle a
February 1, 2021
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