Fannie Mae Selling Another $1.68 Billion in NPLs to Goldman Sachs Subsidiary, Private Equity
HousingWire, Mar. 14, 2017–Ben Lane
Fannie Mae announced Tuesday that it sold a large portfolio of non-performing loans to private equity funds, one of which is a subsidiary of Goldman Sachs. The sale, which was originally announced last month, consisted of 9,400 non-performing loans that carry an unpaid principal balance of $1.68 billion.