FRD, FNMA, HUD LOAN SALESIn March 2025, two sales were scheduled from Fannie Mae and Freddie Mac.
The FRD NPL pool had bids due by March 27, 2025, for the SPO pools, and April 10, 2025, for the EXPO pool.Additionally, FNMA 2025-RPL1 had 3,141 loans with bids due on March 26, 2025. Following these dates, we heard that the sales would be put on hold to align the Government-Sponsored Enterprises (GSEs) with the views of the current administration.
Will Trump allow the NPL/RPL sales to proceed?
While there is no decision yet for 2025, in 2018, Trump was in favor of allowing these sales, as they aim to reduce the government’s exposure to bad loans while potentially providing opportunities for private investors.
Trump’s administration generally favored policies that reduced government involvement in the housing market, encouraged private sector solutions, and cut costs. Therefore, it seems likely that the Trump administration would continue or even expand these types of loan sales to foster a more market-driven approach to handling troubled loans.
Subscribe to: