Le Lézard
Classified in: Business
Subjects: EXE, FVT

Announcing the HUD-Held Vacant Loan Sale 2019-1 ("HVLS 2019-1")


WASHINGTON, Oct. 26, 2018 /PRNewswire/ -- The U.S. Department of Housing and Urban Development ("HUD") has announced the latest HUD-Held Vacant Loan Sale ("HVLS 2019-1").

On December 12th, 2018, HUD will offer multiple residential mortgage pools consisting of approximately 1,150 notes and loan balance of approximately $230 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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