Company Announcements

WASHINGTON , June 2, 2025 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twenty-sixth Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on July 29, 2025, and includes 39 loans totaling $6.9 million in unpaid principal balance (UPB). The loans are geographically focused in the Florida area, and the winning bidder was VRMTG ACQ, LLC. The pool was marketed with BofA Securities, Inc. and First Financial Network, Inc. as advisors.

The CIP awarded in this most recent transaction includes 39 loans with an aggregate UPB of $6,929,805; average loan size of $177,687; and weighted average note rate of 4.35%.

The cover bid, which was the second highest bid, for the CIP was 106.05% of UPB (34.22% of BPO).

All purchasers are required to honor any approved or in-process loss mitigation efforts at the time of sale, including 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.

Follow Fannie Mae
fanniemae.com

Fannie Mae Newsroom
https://www.fanniemae.com/news

Photo of Fannie Mae
https://www.fanniemae.com/resources/img/about-fm/fm-building.tif

Fannie Mae Resource Center
1-800-2FANNIE

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/fannie-mae-announces-winner-of-twenty-sixth-community-impact-pool-of-non-performing-loans-302470685.html

SOURCE Fannie Mae