HUD-Held Vacant Loan Sale 2019-2 (“HVLS 2019-2”)

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The U.S. Department of Housing and Urban Development is pleased to announce the next HUD-Held Vacant Loan Sale (HVLS 2019-2). On July 24, 2019, HUD will offer multiple residential mortgage pools consisting of due and payable Secretary-Held loans with a total loan balance of approximately $330 million. This sale will include several opportunities for non-profit involvement, including a pool of loans in Puerto Rico set-aside for non-profits and units of local government. Loans are secured by first lien, vacant residential properties where the last surviving borrower is deceased. For more information, contact the Office of Asset Sales Single Family Transaction Specialist at 1-844-709-0763 or email HUDsales@VerdiAssetSales.com.

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