Fannie Mae has begun marketing its twenty-fourth sale of reperforming loans as part of the company’s ongoing effort to reduce the size of its retained mortgage portfolio. The sale consists of approximately 8,050 loans, having an unpaid principal balance of approximately $1.3 billion, and is available for purchase by qualified bidders.
This sale of reperforming loans is being marketed in collaboration with Citigroup Global Markets Inc. Bids are due on March 1, 2022.
Reperforming