Announcing the HUD-Held Vacant Loan Sale 2017-1 ("HVLS 2017-1")
WASHINGTON, Nov. 14, 2016 /PRNewswire-USNewswire/ -- The U.S. Department of Housing and Urban Development, ("HUD"), announced the pool locations for the upcoming HUD-Held Vacant Loan Sale 2017-1 ("HVLS 2017-1").
On November 30th, 2016, HUD will offer five residential mortgage pools consisting of approximately 1,700 notes. The notes have total loan balance of approximately $360 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.
| Pool Geographies |
| Northeastern U.S. |
| Western U.S. |
| Southeastern U.S. |
| Southern Florida |
| Southern California |
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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