Fannie Mae just announced the results of its fourth re-performing loan sale, and the winning bidder is a familiar name – MTGLQ Investors, which is a “significant subsidiary” of Goldman Sachs. Over the last few years, Goldman Sachs used MTGLQ Investors to buy up loans from both of the government-sponsored enterprises by the truckload. In this latest sale, Fannie Mae is selling more than $2.43 billion in re-performing loans to MTGLQ Investors.
Source: Housing Wire News