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 [email protected] for more information.


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

09/15/2021

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 [email protected] for more information.

Falcon Digital Mortgage January 2023 Newsletter

01/06/2023

Lenders, if you think the GSEs are your only viable outlet for the sale of eNotes...think again. This was the key takeaway from the "eNote Outlets Beyond the GSEs" panel at the recent MISMO Winter Summit. The panel, moderated by our Senior Manager, Tim Renner, featured Lynne Chandler of Ginnie Mae, Mike May of FHLB Pittsburgh, Brian Pannell of DocMagic, and Leah Price of Figure Lending/DART. Among the topics discussed by the panelists was the tremendous growth over the past 2 -3 years of the eNote landscape.

Falcon Digital Mortgage View

04/20/2022

“Leadership is the art of seeing the invisible” – Jonathan Swift I was thinking of that quote the other day as I was reading about the recent blockchain transaction between Figure Lending and Apollo. To me, the nature of the eNote mortgages on-boarded as unique digital assets and the use of blockchain in their transfer […]