Fannie Mae has announced VRMTG ACQ, LLC as the winning bidder for its twenty-eighth Community Impact Pool of non-performing loans. The transaction, first announced on August 19, 2026, covered a single pool of 24 loans totaling $6,200,360 in unpaid principal balance, geographically located in the Dallas-Ft. Worth area, and is expected to close on November 19, 2026. The pool carried an average loan size of $258,348, a weighted average note rate of 4.26%, and a weighted average broker's price opinion loan-to-value ratio of 59%. The cover bid, the second highest for the pool, was 94.0740% of unpaid principal balance, or 55.22% of broker's price opinion. BofA Securities, Inc. marketed the pool as advisor. Fannie Mae requires all purchasers of its non-performing loan pools to honor approved or in-process loss mitigation efforts at the time of sale and to offer delinquent borrowers a waterfall of loss mitigation options, including loan modifications that may include principal forgiveness, before initiating foreclosure on any loan not secured by a vacant or condemned property.
Fannie MaeFannie Mae completed the sale of its 28th Community Impact Pool of non-performing loans, offloading $6.2M in unpaid principal balance.
Bank of America Corp
Bank of Chongqing Co LtdVRMTG ACQ won the bid for Fannie Mae's 28th Community Impact Pool of 24 non-performing loans.
