Fannie Mae Announces Winners of its Latest Non-Performing Loan Sale
Fannie Mae (FNMA) has announced the results of its twenty-sixth non-performing loan sale, involving 1,077 deeply delinquent loans with a total unpaid principal balance of $193 million. The sale was divided into two pools: Pool 1 with 335 loans ($60.4M UPB) won by Residential Credit Opportunities IX, LLC, and Pool 2 with 742 loans ($132.8M UPB) won by VRMTG ACQ, LLC. The transaction is set to close on July 8, 2025.
Both pools have similar characteristics, with weighted average BPO loan-to-value ratios of 41% and note rates around 4.4%. The cover bids were strong at 103.79% of UPB for Pool 1 and 104.36% for Pool 2. Purchasers must honor existing loss mitigation efforts and offer various options to delinquent borrowers before pursuing foreclosure.
Fannie Mae (FNMA) ha annunciato i risultati della sua ventiseiesima vendita di prestiti non performanti, riguardante 1.077 prestiti fortemente inadempienti con un saldo principale non pagato totale di 193 milioni di dollari. La vendita 猫 stata suddivisa in due gruppi: Pool 1 con 335 prestiti (60,4 milioni di dollari di saldo principale) aggiudicato a Residential Credit Opportunities IX, LLC, e Pool 2 con 742 prestiti (132,8 milioni di dollari di saldo principale) aggiudicato a VRMTG ACQ, LLC. La transazione 猫 prevista per la chiusura l'8 luglio 2025.
Entrambi i pool presentano caratteristiche simili, con rapporti medi ponderati BPO loan-to-value del 41% e tassi di interesse intorno al 4,4%. Le offerte di copertura sono state elevate, pari al 103,79% del saldo principale per il Pool 1 e al 104,36% per il Pool 2. Gli acquirenti devono rispettare gli sforzi esistenti di mitigazione delle perdite e offrire diverse opzioni ai mutuatari inadempienti prima di procedere con la esecuzione immobiliare.
Fannie Mae (FNMA) ha anunciado los resultados de su vig茅sima sexta venta de pr茅stamos morosos, que involucra 1,077 pr茅stamos profundamente atrasados con un saldo principal pendiente total de 193 millones de d贸lares. La venta se dividi贸 en dos grupos: Grupo 1 con 335 pr茅stamos (60.4 millones de d贸lares de saldo principal) adjudicado a Residential Credit Opportunities IX, LLC, y Grupo 2 con 742 pr茅stamos (132.8 millones de d贸lares de saldo principal) adjudicado a VRMTG ACQ, LLC. La transacci贸n est谩 programada para cerrarse el 8 de julio de 2025.
Ambos grupos tienen caracter铆sticas similares, con ratios promedio ponderados BPO loan-to-value del 41% y tasas de inter茅s alrededor del 4.4%. Las ofertas de cobertura fueron fuertes, alcanzando el 103.79% del saldo principal para el Grupo 1 y el 104.36% para el Grupo 2. Los compradores deben respetar los esfuerzos existentes de mitigaci贸n de p茅rdidas y ofrecer varias opciones a los prestatarios morosos antes de proceder con la ejecuci贸n hipotecaria.
Fannie Mae (FNMA)電� 1,077瓯挫潣 鞁皝頃� 鞐办泊 雽�於�, 齑� 氙胳旮� 鞗愱笀 鞛旍暋 1鞏� 9,300毵� 雼煬鞐� 雽�頃� 26氩堨Ц 攵�鞁� 雽�於� 毵り皝 瓴瓣臣毳� 氚滍憸頄堨姷雼堧嫟. 毵り皝鞚� 霊� 臧滌潣 頀�搿� 雮橂墭鞐堨溂氅�, 頀� 1鞚� 335瓯挫潣 雽�於�(6,040毵� 雼煬 鞗愱笀 鞛旍暋)搿� Residential Credit Opportunities IX, LLC臧� 雮欖鞍氚涭晿瓿�, 頀� 2電� 742瓯挫潣 雽�於�(1鞏� 3,280毵� 雼煬 鞗愱笀 鞛旍暋)搿� VRMTG ACQ, LLC臧� 雮欖鞍氚涭晿鞀惦媹雼�. 瓯半灅電� 2025雲� 7鞗� 8鞚检棎 毵堦皭霅� 鞓堨爼鞛呺媹雼�.
霊� 頀� 氇憪 鞙犾偓頃� 韸轨劚鞚� 歆�雼堧┌, 臧�欷� 韽夑窢 BPO 雽�於� 臧�旃� 牍勳湪鞚� 41%, 鞚挫瀽鞙潃 鞎� 4.4%鞛呺媹雼�. 鞛呾鞍臧�電� 頀� 1鞚� 鞗愱笀 鞛旍暋 雽�牍� 103.79%, 頀� 2電� 104.36%搿� 臧曥劯毳� 氤挫榾鞀惦媹雼�. 甑Г鞛愲姅 旮办〈 靻愳嫟 鞕勴檾 雲鸽牓鞚� 臁挫頃橁碃, 鞎曤 鞝堨皑毳� 歆勴枆頃橁赴 鞝勳棎 鞐办泊 彀＜鞐愱矊 雼れ枒頃� 鞓奠厴鞚� 鞝滉车頃挫暭 頃╇媹雼�.
Fannie Mae (FNMA) a annonc茅 les r茅sultats de sa vingt-sixi猫me vente de pr锚ts non performants, portant sur 1 077 pr锚ts fortement en d茅faut, avec un solde principal impay茅 total de 193 millions de dollars. La vente a 茅t茅 divis茅e en deux pools : Pool 1 comprenant 335 pr锚ts (60,4 M$ de solde principal) remport茅 par Residential Credit Opportunities IX, LLC, et Pool 2 comprenant 742 pr锚ts (132,8 M$ de solde principal) remport茅 par VRMTG ACQ, LLC. La transaction doit 锚tre finalis茅e le 8 juillet 2025.
Les deux pools pr茅sentent des caract茅ristiques similaires, avec un ratio pond茅r茅 moyen BPO pr锚t-valeur de 41 % et des taux d'int茅r锚t d'environ 4,4 %. Les offres de couverture 茅taient solides, 脿 103,79 % du solde principal pour le Pool 1 et 104,36 % pour le Pool 2. Les acheteurs doivent respecter les efforts existants d'att茅nuation des pertes et proposer diverses options aux emprunteurs en d茅faut avant d'engager une proc茅dure de saisie.
Fannie Mae (FNMA) hat die Ergebnisse seines sechsundzwanzigsten Verkaufs notleidender Kredite bekanntgegeben, der 1.077 stark s盲umige Kredite mit einem gesamten ausstehenden Kapitalbetrag von 193 Millionen US-Dollar umfasst. Der Verkauf wurde in zwei Pools aufgeteilt: Pool 1 mit 335 Krediten (60,4 Mio. USD ausstehender Kapitalbetrag), der an Residential Credit Opportunities IX, LLC vergeben wurde, und Pool 2 mit 742 Krediten (132,8 Mio. USD ausstehender Kapitalbetrag), der an VRMTG ACQ, LLC ging. Der Abschluss der Transaktion ist f眉r den 8. Juli 2025 geplant.
Beide Pools weisen 盲hnliche Merkmale auf, mit gewichteten durchschnittlichen BPO Loan-to-Value-Verh盲ltnissen von 41 % und Nominalzinsen von etwa 4,4 %. Die Deckungsgebote lagen bei starken 103,79 % des ausstehenden Kapitals f眉r Pool 1 und 104,36 % f眉r Pool 2. K盲ufer m眉ssen bestehende Verlustminderungsma脽nahmen respektieren und den s盲umigen Kreditnehmern verschiedene Optionen anbieten, bevor sie eine Zwangsvollstreckung einleiten.
- Strong cover bids above 103% of UPB indicate healthy market demand for non-performing loans
- Sale of $193M in non-performing loans helps improve Fannie Mae's balance sheet quality
- Protective measures for borrowers including mandatory loss mitigation options reduce foreclosure risks
- Large portfolio of 1,077 deeply delinquent loans indicates ongoing credit quality challenges
- Average loan-to-value ratio of 41% suggests potential losses on underlying properties
The loan pools awarded in this most recent transaction include:
- Pool 1: 335 loans with an aggregate UPB of
$60,434,423 $180,401 4.37% ; and weighted average broker's price opinion (BPO) loan-to-value ratio of41% . - Pool 2: 742 loans with an aggregate UPB of
$132,756,831 $178,912 4.42% ; and weighted average BPO loan-to-value ratio of41% .
The cover bid, which is the second highest bid for the pool, was
All purchasers are required to honor any approved or in-process loss mitigation efforts at the time of sale, including loan modifications.聽In addition, purchasers must offer delinquent borrowers a waterfall of loss mitigation options, including loan modifications, which may include principal forgiveness, prior to initiating foreclosure on any loan.
Interested bidders can register for ongoing announcements, training, and other information . Fannie Mae will also post information about specific pools available for purchase on that page.
Follow Fannie Mae
Fannie Mae Newsroom
Photo of Fannie Mae
Fannie Mae Resource Center
1-800-2FANNIE
View original content to download multimedia:
SOURCE Fannie Mae
FAQ
What is the total value of Fannie Mae's (FNMA) latest non-performing loan sale?
Who won the bidding for Fannie Mae's non-performing loan pools in May 2025?
What are the cover bid percentages for FNMA's non-performing loan pools?
What requirements must purchasers follow in Fannie Mae's non-performing loan sale?
When will Fannie Mae's latest non-performing loan sale transaction close?
