Single Family Loan Sale 2016-1 (SFLS 2016-1 ) Sales Results
Thank you to all the teams that participated in the November 18, 2015 offering. The results from the sale can be found here
HUD Single Family Non-Profit Loan Sale Webinar Slideshow Oct/21/2015
HUD Single Family Non Profit Loan Sale Announcement 10/23/2015
The 2016-1 sales information data can be found below:
2016-1 Sales Chart
HUD Single Family Loan Sale 2016-1 (SFLS 2016-1) NSO Pools.
The U.S. Department of Housing and Urban Development, (“HUD”), announced the latest non-performing, residential loan sale in its Distressed Asset Stabilization Program (DASP).
On November 18th, 2015, HUD will offer 24 non-performing residential mortgage pools consisting of 8,300 notes and an aggregate unpaid principal balance of approximately $1.3 billion.
The sale will consist of 19 Neighborhood Stabilization Outcome (NSO) Pools (approximately $715 million of UPB) and 5 diversified national pools ($600 million of UPB). The Department’s NSO offerings will include three Non-Profit or Units of Local Government Only Pools.
The geographic market areas and approximate unpaid principal balance of the NSO pools are:
Entities interested in participating can contact the Asset Sales Office’s Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or SFLS2016-1@VerdiAssetSales.com for more information.