December 5, 2017

FHFA: Further Data Released on Non-Performing Loan Sales

The Federal Housing Finance Agency (FHFA) today released its fourth report providing information about the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac (the Enterprises).  The Enterprise Non-Performing Loan Sales Reportincludes information about NPLs sold through June 30, 2017.  It reflects borrower outcomes as of June 30, 2017, on NPLs sold through December 31, 2016.  The sale of NPLs reduces the number of severely delinquent loans in the Enterprises’ portfolios.  FHFA and the Enterprises impose requirements on NPL buyers  to encourage prioritization of outcomes for borrowers other than foreclosure.

This fourth report shows that, through June 30, 2017, the Enterprises sold 82,359 NPLs representing a total unpaid principal balance (UPB) of $16 billion.

The borrower outcomes in the report are based on the 69,804 NPLs that were settled by December 31, 2016 and reported through June 30, 2017.  These outcomes reflect the following:

FHFA will continue to provide reporting on NPL sales borrower outcomes on an ongoing basis.

Link to Non-Performing Loan Sales Report

Link to NPL page on

This post was originally published here.