FNMA - Fannie Mae Announces Winner of Twenty-Third Community Impact Pool of Non-Performing Loans | Benzinga
WASHINGTON, March 26, 2024 /PRNewswire/ -- Fannie Mae (OTCQB:FNMA) today announced the winning bidder for its twenty-third Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on May 22, 2024, and includes 37 loans totaling $10.4 million in unpaid principal balance (UPB). The loans are geographically focused in the New York/New Jersey area, and the winning bidder was GITSIT Solutions, LLC (Tourmalet). The pool was marketed with BofA Securities, Inc. and First Financial Network, Inc. as advisors.