Fannie Mae Sheds 3,400 Delinquent Loans in NPL Sale

Fannie Mae Sheds 3,400 Delinquent Loans in NPL Sale

After nearly a month of marketing, Fannie Mae, in conjunction with Wells Fargo Securities and The Williams Capital Group, has sold 3,418 loans with a cumulative unpaid principle balance (UPB) of $581 million in a continued effort to reduce the number of delinquent loans in its portfolio. This is the companies 10th nonperforming loan sale.

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