Fannie Mae Announces the Results of its Thirty-second Reperforming Loan Sale Transaction
Fannie Mae (OTCQB: FNMA) has announced the results of its thirty-second reperforming loan sale transaction. The deal, announced on August 13, 2024, involved the sale of 3,092 loans totaling $607,166,012 in unpaid principal balance (UPB). The winning bidders were Goldman Sachs Mortgage Company for Pool 1 and RCAF Loan Acquisition, LP for Pool 2. The transaction is expected to close by October 25, 2024.
Pool 1 consists of 2,254 loans with an aggregate UPB of $461,758,162, while Pool 2 includes 838 loans with an aggregate UPB of $145,407,850. The cover bids were 87.25% of UPB for Pool 1 and 87.00% of UPB for Pool 2. The sale requires buyers to offer loss mitigation options to borrowers who may re-default within five years and honor any approved or in-process loss mitigation efforts.
Fannie Mae (OTCQB: FNMA) ha annunciato i risultati della sua trentaduesima vendita di prestiti ripristinati. L'operazione, annunciata il 13 agosto 2024, ha riguardato la vendita di 3.092 prestiti per un totale di $607.166.012 di saldo principale non pagato (UPB). I vincitori della gara sono stati Goldman Sachs Mortgage Company per il Pool 1 e RCAF Loan Acquisition, LP per il Pool 2. L'operazione è prevista per chiudere entro il 25 ottobre 2024.
Il Pool 1 è composto da 2.254 prestiti con un UPB aggregato di $461.758.162, mentre il Pool 2 include 838 prestiti con un UPB aggregato di $145.407.850. Le offerte coperte erano pari all'87,25% dell'UPB per il Pool 1 e all'87,00% dell'UPB per il Pool 2. La vendita richiede agli acquirenti di offrire opzioni di mitigazione delle perdite ai mutuatari che potrebbero rimanere in default entro cinque anni e di rispettare eventuali sforzi di mitigazione delle perdite approvati o in fase di approvazione.
Fannie Mae (OTCQB: FNMA) ha anunciado los resultados de su trigésima segunda transacción de venta de préstamos reperformados. El acuerdo, anunciado el 13 de agosto de 2024, implicó la venta de 3,092 préstamos que totalizan $607,166,012 en saldo de principal no pagado (UPB). Los compradores ganadores fueron Goldman Sachs Mortgage Company para el Pool 1 y RCAF Loan Acquisition, LP para el Pool 2. Se espera que la transacción cierre para el 25 de octubre de 2024.
El Pool 1 consta de 2,254 préstamos con un UPB agregado de $461,758,162, mientras que el Pool 2 incluye 838 préstamos con un UPB agregado de $145,407,850. Las ofertas de cobertura fueron del 87.25% del UPB para el Pool 1 y del 87.00% del UPB para el Pool 2. La venta requiere que los compradores ofrezcan opciones de mitigación de pérdidas a los prestatarios que puedan caer nuevamente en impago dentro de cinco años y honren cualquier esfuerzo de mitigación de pérdidas aprobado o en curso.
팬니 메이 (OTCQB: FNMA)는 그 유예 대출 매각 거래의 서른 두 번째 결과를 발표했습니다. 2024년 8월 13일 발표된 이번 거래에는 3,092개의 대출이 총 $607,166,012의 미납 원금 잔액 (UPB)으로 매각되었습니다. 경매에서 승리한 입찰자는 Pool 1에 대한 골드만 삭스 모기지 회사와 Pool 2에 대한 RCAF 론 인수 LP였습니다. 거래는 2024년 10월 25일 이전에 종료될 것으로 예상됩니다.
Pool 1은 $461,758,162의 UPB를 가진 2,254 개의 대출로 구성되어 있으며, Pool 2는 $145,407,850의 UPB를 가진 838 개의 대출을 포함하고 있습니다. 커버 입찰가는 Pool 1에 대해서는 UPB의 87.25%이고, Pool 2에 대해서는 UPB의 87.00%였습니다. 판매는 구매자가 향후 5년 이내에 재기한 가능성이 있는 차용인에게 손실 완화 옵션을 제안하고 승인된 또는 진행 중인 손실 완화 노력을 준수하도록 요구합니다.
Fannie Mae (OTCQB: FNMA) a annoncé les résultats de sa trente-deuxième vente de prêts réexécutés. L'accord, annoncé le 13 août 2024, impliquait la vente de 3 092 prêts totalisant 607 166 012 $ en solde principal impayé (UPB). Les enchérisseurs gagnants étaient Goldman Sachs Mortgage Company pour le Pool 1 et RCAF Loan Acquisition, LP pour le Pool 2. La transaction devrait se clôturer d'ici le 25 octobre 2024.
Le Pool 1 se compose de 2 254 prêts avec un UPB agrégé de 461 758 162 $, tandis que le Pool 2 comprend 838 prêts avec un UPB agrégé de 145 407 850 $. Les offres de couverture étaient de 87,25 % de l'UPB pour le Pool 1 et de 87,00 % de l'UPB pour le Pool 2. La vente exige que les acheteurs offrent des options de mitigation des pertes aux emprunteurs qui pourraient connaître un nouveau défaut dans les cinq ans et respectent tout effort de mitigation des pertes approuvé ou en cours.
Fannie Mae (OTCQB: FNMA) hat die Ergebnisse ihrer zweiunddreißigsten Wiederverkaufsauktion für Darlehen bekannt gegeben. Der Deal, der am 13. August 2024 angekündigt wurde, beinhaltete den Verkauf von 3.092 Darlehen mit einem Gesamtbetrag von $607.166.012 an unbezahltem Hauptsaldo (UPB). Die siegreichen Bieter waren Goldman Sachs Mortgage Company für Pool 1 und RCAF Loan Acquisition, LP für Pool 2. Die Transaktion wird voraussichtlich bis zum 25. Oktober 2024 abgeschlossen sein.
Pool 1 besteht aus 2.254 Darlehen mit einem Gesamt-UPB von $461.758.162, während Pool 2 838 Darlehen mit einem Gesamt-UPB von $145.407.850 umfasst. Die Deckungsgebote lagen bei 87,25% des UPB für Pool 1 und bei 87,00% des UPB für Pool 2. Der Verkauf verlangt von den Käufern, dass sie den Kreditnehmern, die möglicherweise innerhalb von fünf Jahren erneut in Verzug geraten, Optionen zur Verlustminderung anbieten und alle genehmigten oder in Bearbeitung befindlichen Verlustminderungsmaßnahmen einhalten.
- Successful completion of the thirty-second reperforming loan sale transaction
- Sale of 3,092 loans totaling $607,166,012 in unpaid principal balance
- Attractive cover bids of 87.25% and 87.00% of UPB for Pool 1 and Pool 2 respectively
- None.
The loan pool awarded in this most recent transaction includes:
- Pool 1: 2,254 loans with an aggregate UPB of
$461,758,162 $204,862 3.83% ; and weighted average broker's price opinion (BPO) loan-to-value ratio of49% . - Pool 2: 838 loans with an aggregate UPB of
$145,407,850 $173,518 4.04% ; and weighted average broker's price opinion (BPO) loan-to-value ratio of46% .
The cover bid, which is the second highest bid for the pool, was
Reperforming loans are loans that have been or are currently delinquent but have reperformed for a period of time. The terms of Fannie Mae's reperforming loan sale require the buyer to offer loss mitigation options to any borrower who may re-default within five years following the closing of the reperforming loan sale. All purchasers are required to honor any approved or in-process loss mitigation efforts at the time of sale, including forbearance arrangements and loan modifications. In addition, purchasers must offer delinquent borrowers a waterfall of loss mitigation options, including loan modifications, which may include principal forgiveness or payment deferral prior to initiating foreclosure on any loan.
Interested bidders can register for ongoing announcements, training, and other information here. Fannie Mae will also post information about specific pools available for purchase on that page.
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