Fannie Mae transfers $1.47 billion in reperforming loans to PIMCO

Date:

Share post:


Fannie Mae has sold $1.47 billion in performing loans to Pacific Investment Management Company (PIMCO) as part of its 31st reperforming loan sale transaction, the government-sponsored enterprise (GSE) announced.

The deal involved three pools of loans totaling 6,484 mortgages with an aggregate unpaid principal balance of $1.47 billion. PIMCO was the winning bidder for all three pools, which were awarded individually.

Pool 1 comprises 2,959 loans with an average size of $225,481 and an average interest rate of 3.204%. Pool 2 consists of 2,197 loans with an average size of $226,941 and an average interest rate of 3.208%. The final Pool 3 includes 1,328 loans with an average size of $225,554 and an average interest rate of 3.201%.

https://www.highcpmgate.com/f0c2i8ki?key=d7778888e3d5721fde608bfdb62fd997

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

How Elon Musk’s $130 million investment in Trump’s victory could reap a huge pay off for Tesla and the rest of his business empire

Donald Trump’s election-night address to the country confirmed that one of the evening’s biggest winners—in addition to...

Citizens streamlines account openings with in-house solutions

Citizens Bank is moving away from third-party vendors and launching in-house solutions to simplify account opening.  The...

This Crypto Analyst Correctly Predicted The Bitcoin Price Rise To $75,000, Here’s The Full Prediction – Investorempires.com

<!-- This Crypto Analyst Correctly Predicted The Bitcoin Price Rise To $75,000, Here’s The Full Prediction –...

Tax Loss Harvesting+ Methodology

TABLE OF CONTENTS Navigating the Wash Sale Rule The Betterment Solution TLH+ Model Calibration Best Practices for TLH+ How we calculate the...