Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale
Fannie Mae has announced the winner of its twenty-fifth non-performing loan sale transaction. The deal, announced on September 10, 2024, involved the sale of 1,675 deeply delinquent loans with a total unpaid principal balance of $280.0 million. The winning bidder was VRMTG ACQ, (VWH Capital Management, LP), a Minority and Women-Owned Business.
The transaction is expected to close on November 22, 2024. The loan pool includes 1,675 loans with an average loan size of $167,172, a weighted average note rate of 3.88%, and a weighted average broker's price opinion loan-to-value ratio of 41%. The cover bid was 101.29% of UPB (41.35% of BPO).
Purchasers are required to honor any approved or in-process loss mitigation efforts and must offer delinquent borrowers a waterfall of loss mitigation options before initiating foreclosure.
Fannie Mae ha annunciato il vincitore della sua venticinquesima transazione di vendita di prestiti non performanti. L'accordo, annunciato il 10 settembre 2024, ha coinvolto la vendita di 1.675 prestiti gravemente in sofferenza con un saldo principale non pagato totale di 280,0 milioni di dollari. L'aggiudicatario vincente è stato VRMTG ACQ, (VWH Capital Management, LP), un'azienda di proprietà di minoranze e donne.
Si prevede che la transazione si chiuda il 22 novembre 2024. Il pool di prestiti include 1.675 prestiti con una dimensione media di prestito di 167.172 dollari, un tasso di interesse medio ponderato del 3,88% e un rapporto medio ponderato del valore di mercato del prestito pari al 41%. L'offerta di copertura è stata del 101,29% del saldo principale non pagato (41,35% del valore di mercato del prestito).
I compratori sono tenuti a rispettare gli sforzi di mitigazione delle perdite approvati o in corso e devono offrire ai mutuatari in difficoltà una serie di opzioni di mitigazione delle perdite prima di avviare la procedura di esecuzione.
Fannie Mae ha anunciado el ganador de su venta número veinticinco de préstamos no productivos. El acuerdo, anunciado el 10 de septiembre de 2024, implicó la venta de 1,675 préstamos en mora severa con un saldo principal impago total de 280,0 millones de dólares. El licitador ganador fue VRMTG ACQ, (VWH Capital Management, LP), un negocio de propiedad de minorías y mujeres.
Se espera que la transacción se cierre el 22 de noviembre de 2024. El lote de préstamos incluye 1,675 préstamos con un tamaño promedio de préstamo de 167,172 dólares, una tasa de interés promedio ponderado del 3.88%, y una relación promedio ponderada del valor de mercado al préstamo del 41%. La oferta de cobertura fue del 101.29% del saldo principal impago (41.35% del valor de mercado).
Los compradores están obligados a respetar cualquier esfuerzo de mitigación de pérdidas aprobado o en proceso, y deben ofrecer a los prestatarios morosos una gama de opciones de mitigación de pérdidas antes de iniciar la ejecución hipotecaria.
Fannie Mae는 25번째 성과가 없는 대출 판매 거래의 승자를 발표했습니다. 2024년 9월 10일에 발표된 이 거래는 총 미지급 원금 잔액이 2억 8천만 달러인 1,675개의 심각한 연체 대출의 판매를 포함했습니다. 낙찰자는 VRMTG ACQ, (VWH Capital Management, LP)로, 소수자 및 여성 소유 기업입니다.
이 거래는 2024년 11월 22일에 마감될 것으로 예상됩니다. 대출 풀에는 1,675개의 대출이 포함되며, 평균 대출 규모는 167,172달러, 가중 평균 금리는 3.88%, 가중 평균 중개인 가격 의견 대출-가치 비율은 41%입니다. 커버 입찰가는 미지급 원금의 101.29% (BPO의 41.35%)였습니다.
구매자는 승인된 또는 진행 중인 손실 완화 노력을 존중해야 하며, 압류를 시작하기 전에 연체 차입자에게 손실 완화 옵션의 계단식 제공을 해야 합니다.
Fannie Mae a annoncé le gagnant de sa vingt-cinquième vente de prêts non performants. L'accord, annoncé le 10 septembre 2024, impliquait la vente de 1 675 prêts profondément en souffrance avec un solde principal impayé total de 280,0 millions de dollars. L'enchérisseur gagnant était VRMTG ACQ, (VWH Capital Management, LP), une entreprise détenue par des minorités et des femmes.
La transaction devrait se terminer le 22 novembre 2024. Le pool de prêts comprend 1 675 prêts avec une taille moyenne de prêt de 167 172 dollars, un taux d'intérêt moyen pondéré de 3,88 % et un ratio de valeur du prêt au prix du marché moyen pondéré de 41 %. L'offre de couverture était de 101,29 % du capital impayé (41,35 % du BPO).
Les acheteurs sont tenus de respecter tous les efforts de mitigation des pertes approuvés ou en cours et doivent offrir aux emprunteurs en difficulté une gamme d'options de mitigation des pertes avant de commencer une saisie.
Fannie Mae hat den Gewinner ihrer fünfundzwanzigsten Transaktion zum Verkauf von notleidenden Krediten bekannt gegeben. Der Deal, der am 10. September 2024 angekündigt wurde, beinhaltete den Verkauf von 1.675 schwer in Verzug geratenen Krediten mit einem Gesamtbetrag an ausstehendem Kapital von 280 Millionen Dollar. Der siegreiche Bieter war VRMTG ACQ, (VWH Capital Management, LP), ein Unternehmen, das im Besitz von Minderheiten und Frauen ist.
Die Transaktion wird voraussichtlich am 22. November 2024 abgeschlossen. Der Kreditpool umfasst 1.675 Kredite mit einer durchschnittlichen Kreditgröße von 167.172 Dollar, einem gewichteten durchschnittlichen Zinssatz von 3,88% und einem gewichteten durchschnittlichen Bewertungsverhältnis von 41%. Das Cover-Gebot betrug 101,29% des ausstehenden Kapitals (41,35% des BPO).
Käufer sind verpflichtet, alle genehmigten oder in Bearbeitung befindlichen Maßnahmen zur Verlustminderung zu respektieren und müssen den in Verzug geratenen Kreditnehmern eine Reihe von Optionen zur Verlustminderung anbieten, bevor sie die Zwangsvollstreckung einleiten.
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The loan pool awarded in this most recent transaction includes:
- Pool 1: 1,675 loans with an aggregate UPB of
$280,013,313 $167,172 3.88% ; and weighted average broker's price opinion (BPO) loan-to-value ratio of41% .
The cover bid, which is the second highest bid for the pool, was
Bids are due on Fannie Mae's Community Impact Pool on October 17, 2024.
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, 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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