Updated 04/17/2018

HUD-Held Vacant Loan Sale 2018-1 – Sale Results

The U.S. Department of Housing and Urban Development (“HUD”) has conducted its third HUD-Held Vacant Loan Sale (“HVLS 2018-1”).

On April 11, 2018, HUD offered four residential mortgage pools consisting of 579 notes with a loan balance of approximately $120.8 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.