Fannie Mae Announces Results of its Third Reperforming Loan Sale Transaction
Fannie Mae (OTC Bulletin Board: FNMA) today announced the results of its third reperforming loan sale transaction. The deal, which was announced on May 10, 2017, included the sale of approximately 13,500 loans totaling $2.99 billion in unpaid principal balance (UPB), divided into three pools. The winning bidder of all three pools for the transaction, [...]