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Fannie Mae

Fannie Mae Sells $6.2M Non-Performing Loan Pool to VRMTG ACQ

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Fannie Mae Sells $6.2M Non-Performing Loan Pool to VRMTG ACQ

Washington – – September 29, 2026 -- Fannie Mae has completed the sale of its twenty-eighth Community Impact Pool (CIP) of non-performing loans, with VRMTG ACQ, LLC emerging as the winning bidder for a package of 24 loans carrying $6,200,360 in unpaid principal balance.

Dallas-Fort Worth pool draws cover bid at 94.07% of unpaid balance

The single pool, geographically concentrated in the Dallas-Fort Worth area, was originally announced on August 19, 2026, and is scheduled to close on November 19, 2026. The average loan size in the pool stood at $258,348, with 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 offer received -- came in at 94.0740% of UPB, equivalent to 55.22% of BPO value.

Fed Hikes Rates to 4% as Boomers Dominate US Housing Market

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Fed Hikes Rates to 4% as Boomers Dominate US Housing Market

Pompano Beach, Fla. – – September 19, 2026 -- The Federal Reserve raised its benchmark interest rate by 0.25 percentage points to a range of 3.75% to 4.00%, its first increase since 2023, defying President Trump's calls for lower rates.

Fed policymakers unanimously approve rate hike, signal more to come

The move came in response to inflation that picked up again last month. Fed officials also hinted at an additional rate increase before year-end.

Baby boomers control 42% of home purchases and 55% of home sales

Buyers aged 61 to 79 now represent the largest single demographic in both buying and selling activity nationwide. Because many boomers hold large or full equity in their current homes, they frequently pay cash for new purchases.