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Published 2 months ago

Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale - Federal National Mortgage (OTC:FNMA)

Summary by Benzinga
WASHINGTON, March 12, 2024 /PRNewswire/ -- Fannie Mae (OTCQB:FNMA) today announced the results of its twenty-third non-performing loan sale transaction. The deal, announced on February 8, 2024, included the sale of 1,581 deeply delinquent loans totaling $235.8 million in unpaid principal balance (UPB), offered in one pool. The winning bidder of the pool for the transaction was VRMTG ACQ, LLC (VWH Capital Management, LP).  VWH Capital Management,…

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