HVLS 2020-1 has concluded

The U.S. Department of Housing and Urban Development (“HUD”) has conducted its sixth HUD-Held Vacant Loan Sale (“HVLS 2020-1”).

On June 24, 2020, HUD offered multiple residential mortgage pools consisting of approximately 650 notes and loans balance of approximately $148 million. The loans are Secretary-held first liens secured by 1- to 4-unit vacant residential properties, where the last surviving borrower is deceased.

Thank you to all the participants that made this sale successful.

The results from the sale can be found here.