09.16.21 – Announcing the HUD-Held Vacant Loan Sale 2022-1 (“HVLS 2022-1”).

09.16.21 – Announcing the HUD-Held Vacant Loan Sale 2022-1 (“HVLS 2022-1”).

The U.S. Department of Housing and Urban Development (“HUD”) has announced the latest HUD-Held Vacant Loan Sale (“HVLS 2022-1”).

On November 10, 2021, HUD will offer multiple residential mortgage pools consisting of approximately 1,700 notes and a loan balance of approximately $417 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.  This sale will include increased bidding opportunities for non-profit and state & local government purchasers.

Entities interested in participating can contact the Office of Asset Sales Single Family Transaction Specialist at 1-844-709-0763 or email HUDSales@FalconAssetSales.com for more information.