April 11, 2018 / 5:59 PM / 3 months ago

BRIEF-Fannie Mae Announces Results Of Sixth Reperforming Loan Sale Transaction

April 11 (Reuters) - Federal National Mortgage Association :

* ANNOUNCES THE RESULTS OF ITS SIXTH REPERFORMING LOAN SALE TRANSACTION

* DEAL INCLUDED SALE OF ABOUT 9,400 LOANS TOTALING $1.96 BILLION IN UNPAID PRINCIPAL BALANCE, DIVIDED INTO 2 POOLS

* WINNING BIDDERS ARE NRZ MORTGAGE HOLDINGS LLC (FORTRESS) FOR POOL 1 AND TOWD POINT MASTER FUNDING LLC (RMBS CERBERUS) FOR POOL 2

* POOLS ARE EXPECTED TO CLOSE ON MAY 24, 2018 Source text for Eikon: Further company coverage:

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