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9 months ago
BRIEF-Fannie Mae announces pilot sale of reperforming loans
October 11, 2016 / 2:37 PM / 9 months ago

BRIEF-Fannie Mae announces pilot sale of reperforming loans

1 Min Read

Oct 11 (Reuters) - Fannie Mae

* Fannie Mae announces pilot sale of reperforming loans

* Fannie Mae - Began marketing first sale of reperforming loans as part of company's ongoing effort to reduce size of its retained mortgage portfolio

* Fannie Mae - Pool of approximately 3,600 loans, totaling $806 million in unpaid principal balance, is available for purchase by qualified bidders

* Fannie Mae- sale of reperforming loans is being marketed in collaboration with Citigroup Global Markets, Inc. bids are due on november 1, 2016 Source text for Eikon: Further company coverage:

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