Fannie Mae Announces Winner of Twenty-Eighth Community Impact Pool of Non-Performing Loans

Fannie Mae Announces Winner of Twenty-Eighth Community Impact Pool of Non-Performing Loans

PR Newswire

WASHINGTON, Sept. 29, 2026 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-eighth Community Impact Pool (CIP) of non-performing loans. The transaction, announced on August 19, 2026, included the sale of 24 loans totaling $6,200,360 in unpaid principal balance (UPB), offered in one pool, geographically located in the Dallas-Ft. Worth area. The transaction is expected to close on November 19, 2026. VRMTG ACQ, LLC was the winning bidder. BofA Securities, Inc. marketed the pool as advisor.

  • The CIP included 24 loans with an aggregate UPB of $6,200,360; average loan size of $258,348; weighted average note rate of 4.26%; and weighted average broker’s price opinion (BPO) loan-to-value ratio of 59%.

The cover bid, which is the second highest bid for the pool, was 94.0740% of UPB (55.22% of BPO).

All purchasers of Fannie Mae non-performing loan pools are required to honor any approved or in-process loss mitigation efforts at the time of sale, including loan modifications. In addition, purchasers must offer delinquent borrowers a waterfall of loss mitigation options, including loan modifications, which may include principal forgiveness, prior to initiating foreclosure on any loan not secured by property which is vacant or condemned at the time of closing. In the event a foreclosure cannot be prevented, the owner of the loan must market the property to owner-occupants and non-profits first, similar to Fannie Mae’s FirstLook® program.

Interested bidders can register for ongoing announcements, training, and other information here. Fannie Mae will also post information about specific pools available for purchase on that page.

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SOURCE Fannie Mae