Subjects: EXE, FVT
Announcing the HUD-Held Vacant Loan Sale 2018-1 ("HVLS 2018-1")
WASHINGTON, March 6, 2018 /PRNewswire-USNewswire/ -- The U.S. Department of Housing and Urban Development ("HUD") has announced the HUD-Held Vacant Loan Sale ("HVLS 2018-1").
On April 11th, 2018, HUD will offer multiple residential mortgage pools consisting of approximately 650 notes and loan balance of approximately $136 million.
The sale will consist of due and payable Secretary-Held loans. The loans are first liens secured by 1 to 4 unit, vacant residential properties where the last surviving borrower is deceased.
Entities interested in participating can contact the Asset Sales Office's Single Family Transaction Specialist at 1-844-709-0763 or email [email protected] for more information.
SOURCE The U.S. Department of Housing and Urban Development
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