Fannie Mae Announces Sale of Reperforming Loans

Fannie Mae (OTCQB: FNMA) began marketing a sale of reperforming loans totaling about 2,333 loans with an unpaid principal balance of approximately $565 million.

Rhea-AI Summary

Fannie Mae (OTCQB: FNMA) began marketing a sale of reperforming loans totaling about 2,333 loans with an unpaid principal balance of approximately $565 million.

The sale, arranged with Citigroup Global Markets, is open to qualified bidders, with bids due June 23, 2026, and includes detailed loss mitigation requirements for purchasers.

Positive

• Marketing reperforming loan pool of about $565 million unpaid principal balance
• Sale includes approximately 2,333 reperforming loans offered to qualified bidders
• Collaboration with Citigroup Global Markets to market the loan sale
• Structured buyer obligations to provide loss mitigation and honor existing modifications

Negative

• None.

Argus May 28 session

-2.03% close to close Open Argus

Details

News Market Reaction – FNMA

On May 28, the day this news came out, FNMA closed 2.03% below the previous close.

Data tracked by StockTitan Argus for the May 28 session.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

WASHINGTON, May 28, 2026 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its most recent sale of reperforming loans.

The sale consists of approximately 2,333 loans, having an unpaid principal balance of approximately $565 million, and is available for purchase by qualified bidders.

This sale of reperforming loans is being marketed in collaboration with Citigroup Global Markets, Inc. Bids are due on June 23, 2026.

Reperforming loans are loans that have been seriously delinquent in the past, have reperformed for a period of time, and are current at the time offered for sale. The terms of Fannie Mae's reperforming loan sale require the buyer to offer loss mitigation options to any borrower who may re-default within five years following the closing of the reperforming loan sale. All purchasers 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.

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.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/fannie-mae-announces-sale-of-reperforming-loans-302784352.html

SOURCE Fannie Mae

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Fannie Mae (OTCQB: FNMA) announce about reperforming loans on May 28, 2026?

Fannie Mae began marketing a sale of reperforming loans totaling about $565 million in unpaid principal. According to Fannie Mae, the pool includes roughly 2,333 loans and is available for purchase by qualified bidders under defined loss mitigation requirements.

How large is Fannie Mae's May 2026 reperforming loan sale (FNMA)?

The reperforming loan sale totals an unpaid principal balance of approximately $565 million. According to Fannie Mae, the transaction covers around 2,333 loans that are currently performing after prior serious delinquency and are being marketed to qualified investors.

When are bids due for Fannie Mae’s May 2026 reperforming loan sale (FNMA)?

Bids for the reperforming loan sale are due on June 23, 2026. According to Fannie Mae, qualified bidders can review pool information and submit offers by that date through the company’s designated loan sale information page.

What loss mitigation obligations must buyers meet in Fannie Mae’s FNMA reperforming loan sale?

Buyers must offer loss mitigation options to borrowers who re-default within five years of closing. According to Fannie Mae, purchasers must honor existing or in-process loss mitigation, including loan modifications, and provide a waterfall of options before starting foreclosure.

How does Fannie Mae define reperforming loans in its May 2026 FNMA sale?

Reperforming loans are those that were seriously delinquent but have performed for a period and are now current. According to Fannie Mae, these current loans are being offered for sale with conditions requiring continued loss mitigation support for borrowers.

How can investors participate in Fannie Mae’s May 2026 FNMA reperforming loan sale?

Investors must be qualified bidders and register for announcements, training, and details through Fannie Mae’s loan sale webpage. According to Fannie Mae, information on specific pools and participation requirements is posted and updated on that online platform.