FannieMae is selling five pools of nonperforming loans consisting of7,300 loans totaling $1.39 billion in unpaid principal balance.
The sale is being marketed in collaboration with Wells FargoSecurities LLC as an adviser.
Bids are due Nov. 3.
Fannie Mae announces sale of nonperforming loans
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Fannie Mae announces sale of nonperforming loans
- Author Jibran Ali Mirza
- Theme Banking