Fannie Mae Announces the Results of its Thirty-fifth Reperforming Loan Sale Transaction
Fannie Mae (OTCQB: FNMA) has successfully concluded its thirty-fifth reperforming loan sale transaction, with Pacific Investment Management Company LLC (PIMCO) emerging as the winning bidder. The transaction encompasses 3,044 loans with a total unpaid principal balance of $559.1 million.
The loan pool features an average loan size of $183,670, a weighted average note rate of 3.71%, and a weighted average BPO loan-to-value ratio of 45%. The cover bid was 85.07% of UPB. The transaction, marketed with Citigroup Global Markets Inc., is scheduled to close by October 3, 2025.
Fannie Mae (OTCQB: FNMA) ha concluso con successo la sua trentacinquesima vendita di prestiti rinegoziati, con Pacific Investment Management Company LLC (PIMCO) come offerente vincitore. L’operazione riguarda 3.044 prestiti per un saldo capitale residuo complessivo di $559,1 milioni.
Il portafoglio ha una dimensione media del prestito di $183.670, un tasso medio ponderato sul prestito pari al 3,71% e un rapporto medio ponderato BPO loan-to-value del 45%. L’offerta di copertura è stata del 85,07% del UPB. La transazione, collocata con Citigroup Global Markets Inc., è prevista in chiusura entro il 3 ottobre 2025.
Fannie Mae (OTCQB: FNMA) ha concluido con éxito su trigésima quinta venta de préstamos reperforming, con Pacific Investment Management Company LLC (PIMCO) como postor ganador. La transacción abarca 3.044 préstamos con un saldo principal pendiente total de $559,1 millones.
La cartera tiene un tamaño promedio por préstamo de $183.670, una tasa nominal ponderada promedio del 3,71% y una relación ponderada promedio BPO loan-to-value del 45%. La oferta de cobertura fue del 85,07% del UPB. La operación, comercializada con Citigroup Global Markets Inc., tiene previsto cerrarse antes del 3 de octubre de 2025.
Fannie Mae (OTCQB: FNMA)는 제35차 리퍼포밍 대출 매각 거래를 성공적으로 완료했으며, Pacific Investment Management Company LLC (PIMCO)가 낙찰자로 선정되었습니다. 이번 거래에는 총 미상환 원금 잔액이 $559.1백만인 3,044건의 대출이 포함됩니다.
해당 대출 풀의 평균 대출 규모는 $183,670, 가중 평균 약정 이율은 3.71%, 가중 평균 BPO LTV는 45%입니다. 커버 비드(cover bid)는 UPB의 85.07%였습니다. Citigroup Global Markets Inc.와 함께 마케팅된 이 거래는 2025년 10월 3일까지 종결될 예정입니다.
Fannie Mae (OTCQB: FNMA) a finalisé avec succès sa trente-cinquième cession de prêts reperforming, Pacific Investment Management Company LLC (PIMCO) étant l'enchérisseur retenu. La transaction couvre 3 044 prêts pour un solde principal impayé total de 559,1 millions de $.
Le portefeuille présente une taille moyenne de prêt de 183 670 $, un taux nominal moyen pondéré de 3,71% et un ratio BPO loan-to-value moyen pondéré de 45%. L'offre de couverture était de 85,07% de l'UPB. La transaction, commercialisée avec Citigroup Global Markets Inc., doit être clôturée d'ici le 3 octobre 2025.
Fannie Mae (OTCQB: FNMA) hat seine fünfunddreißigste Veräußerung von Reperforming Loans erfolgreich abgeschlossen; als Höchstbietender ging Pacific Investment Management Company LLC (PIMCO) hervor. Die Transaktion umfasst 3.044 Kredite mit einer gesamten ausstehenden Hauptforderung von $559,1 Millionen.
Der Kreditpool weist eine durchschnittliche Kredithöhe von $183.670, einen gewichteten durchschnittlichen Nominalzins von 3,71% sowie ein gewichtet durchschnittliches BPO Loan-to-Value von 45% auf. Das Deckungsgebot lag bei 85,07% des UPB. Die Transaktion, vermarktet zusammen mit Citigroup Global Markets Inc., soll bis zum 3. Oktober 2025 abgeschlossen sein.
- None.
- Cover bid at 85.07% of UPB indicates discount on loan portfolio value
- The pool awarded in this most recent transaction includes 3,044 loans with an aggregate UPB of
$559,090,747 $183,670 3.71% ; and weighted average broker's price opinion (BPO) loan-to-value ratio of45% .
The cover bid, which is the second highest bid for the pool, was
Reperforming loans are loans that have been or are currently delinquent but have reperformed for a period of time. 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.
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