Fannie Mae Announces Winner of Twenty-Fifth Community Impact Pool of Non-Performing Loans
Fannie Mae (FNMA) has announced RCG Strategic Acquisitions, as the winning bidder for its twenty-fifth Community Impact Pool (CIP) of non-performing loans. The transaction, set to close on December 20, 2024, comprises 29 deeply delinquent loans focused in the New York area, totaling $7.2 million in unpaid principal balance (UPB). The pool has an average loan size of $247,419 and a weighted average note rate of 4.93%.
The cover bid was 90.85% of UPB. Purchasers must honor existing loss mitigation efforts and offer delinquent borrowers various options, including loan modifications with possible principal forgiveness, before initiating foreclosure.
Fannie Mae (FNMA) ha annunciato RCG Strategic Acquisitions come l'aggiudicatario della sua venticinquesima Community Impact Pool (CIP) di prestiti non performing. La transazione, prevista per concludersi il 20 dicembre 2024, comprende 29 prestiti gravemente inadempienti concentrati nell'area di New York, per un totale di 7,2 milioni di dollari di saldo principale non pagato (UPB). Il pool ha una dimensione media dei prestiti di 247.419 dollari e un tasso medio ponderato del 4,93%.
La offerta di copertura era pari al 90,85% dell'UPB. Gli acquirenti devono rispettare gli sforzi esistenti di mitigazione delle perdite e offrire ai debitori inadempienti diverse opzioni, tra cui modifiche dei prestiti con possibile perdono del capitale, prima di avviare un pignoramento.
Fannie Mae (FNMA) ha anunciado a RCG Strategic Acquisitions como el licitador ganador de su vigésima quinta Community Impact Pool (CIP) de préstamos no rentables. La transacción, que se cerrará el 20 de diciembre de 2024, comprende 29 préstamos en graves incumplimientos centrados en el área de Nueva York, totalizando 7,2 millones de dólares en saldo principal no pagado (UPB). El pool tiene un tamaño medio de préstamo de 247.419 dólares y una tasa promedio ponderada del 4,93%.
La oferta de cobertura fue del 90,85% del UPB. Los compradores deben respetar los esfuerzos existentes de mitigación de pérdidas y ofrecer a los prestatarios morosos varias opciones, incluidas modificaciones de préstamos con posible perdón de capital, antes de iniciar un embargo.
Fannie Mae (FNMA)는 RCG Strategic Acquisitions를 비수익 대출의 스물다섯 번째 Community Impact Pool (CIP)의 낙찰자로 발표했습니다. 2024년 12월 20일에 종료될 예정인 이번 거래는 뉴욕 지역에 집중된 29개의 심각한 연체 대출로, 미납 원금 잔액(UPB) 총액은 720만 달러입니다. 이 풀은 평균 대출 규모가 247,419달러이며, 가중 평균 금리는 4.93%입니다.
커버 입찰가는 UPB의 90.85%였습니다. 구매자는 기존 손실 완화 노력을 존중하고 연체 채무자에게 원금 면제 가능성이 있는 대출 수정 등 다양한 옵션을 제공해야 하며, 경매를 시작하기 전에 이를 이행해야 합니다.
Fannie Mae (FNMA) a annoncé que RCG Strategic Acquisitions était le soumissionnaire gagnant de son vingt-cinquième Community Impact Pool (CIP) de prêts non performants. La transaction, dont la clôture est prévue le 20 décembre 2024, comprend 29 prêts gravement en défaut concentrés dans la région de New York, totalisant 7,2 millions de dollars de solde principal impayé (UPB). Le pool a une taille de prêt moyenne de 247.419 dollars et un taux d'intérêt moyen pondéré de 4,93%.
L'offre de couverture était de 90,85 % de l'UPB. Les acheteurs doivent respecter les efforts de réduction des pertes existants et offrir aux emprunteurs en retard diverses options, y compris des modifications de prêts avec possibilité d'annulation du capital, avant d'initier une saisie.
Fannie Mae (FNMA) hat RCG Strategic Acquisitions als den erfolgreichen Bieter für ihren fünfundzwanzigsten Community Impact Pool (CIP) von notleidenden Krediten bekannt gegeben. Die Transaktion, die am 20. Dezember 2024 abgeschlossen werden soll, umfasst 29 gravierend ausstehende Kredite, die sich auf die Region New York konzentrieren und insgesamt 7,2 Millionen Dollar an unbezahltem Hauptsaldo (UPB) betragen. Der Pool hat eine durchschnittliche Kreditsumme von 247.419 Dollar und einen gewichteten durchschnittlichen Zinssatz von 4,93%.
Das Cover-Gebot betrug 90,85% des UPB. Käufer müssen bestehende Verlustminderungsmaßnahmen respektieren und säumigen Schuldnern verschiedene Optionen anbieten, darunter Kreditanpassungen mit möglicher Schuldenerlass, bevor sie eine Zwangsvollstreckung einleiten.
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The CIP awarded in this most recent transaction includes 29 loans with an aggregate UPB of
The cover bid, which was the second highest bid, for the CIP was
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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