October 11, 2017 / 3:42 PM / 2 months ago

BRIEF-FANNIE MAE ANNOUNCES SALE OF NON-PERFORMING LOANS

Oct 11 (Reuters) - Federal National Mortgage Association :

* FANNIE MAE ANNOUNCES SALE OF NON-PERFORMING LOANS

* ‍ANNOUNCED ITS LATEST SALE OF NON-PERFORMING LOANS, INCLUDING COMPANY‘S NINTH AND TENTH COMMUNITY IMPACT POOLS​

* ‍BIDS ARE DUE ON FOUR LARGER POOLS ON NOVEMBER 2 AND ON COMMUNITY IMPACT POOLS ON NOVEMBER 15​

* ‍THE FOUR LARGER POOLS INCLUDE APPROXIMATELY 7,900 LOANS TOTALING $1.29 BILLION IN UNPAID PRINCIPAL BALANCE (UPB)​

* THE ‍FOUR LARGER POOLS INCLUDE COMMUNITY IMPACT POOLS OF APPROXIMATELY 700 LOANS TOTALING $129.58 MILLION IN UPB​ Source text for Eikon: Further company coverage:

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