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    Home/News/Topics/Distressed Assets

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    Distressed Assets

    1 signal

    Signals

    Grants & FundingProfessional ServicesAsset ManagementDistressed AssetsContract
    14 days ago

    Fannie Mae Auctions $203.3M in Non-Performing Loans; Implications for Asset Managers

    Fannie Mae has announced the sale of 919 non-performing loans totaling **$203.3 million**. The deal, awarded to Residential Credit Opportunities Trust IX-D, emphasizes borrower loss mitigation as part of its conditions, impacting procurement professionals and asset managers in compliance and servicing areas.