GSEs’ Latest Nonperforming Loan Sales Total $2.4 Billion
October 12, 2018
Fannie Mae and Freddie Mac both recently announced the winners of their latest nonperforming loan auctions, which included eight separate pools amounting to $2.4 billion. The largest sale was from Fannie and consisted of 10,300 loans totaling $1.88 billion divided among five pools, all won by MTGLQ Investors, a subsidiary of Goldman Sachs.