The U.S. Department of Housing and Urban Development is pleased to announce the next HUD-Held Vacant Loan Sale (HVLS 2019-1). On December 12th, 2018, HUD will offer multiple residential mortgage pools consisting of due and payable Secretary-Held loans with a total loan balance of approximately $230 million. Loans are secured by first lien, vacant residential properties where the last surviving borrower is deceased.
For more information, contact the Office of Asset Sales Single-Family Transaction Specialist at 1-844-709-0763 or email HUDsales@VerdiAssetSales.com.
The U.S. Department of Housing and Urban Development (“HUD”) has conducted its fourth HUD-Held Vacant Loan Sale (“HVLS 2019-1”).
On December 12, 2018, HUD offered six National and three Non-Profit only residential mortgage pools consisting of 1020 notes with a loan balance of approximately $211.5 million. The loans are Secretary-held first liens secured by 1- to 4-unit vacant residential properties, where the last surviving borrower is deceased.
Thank you to all the participants that made this sale successful.
For more information, please contact the Asset Sales Office’s Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or send your questions or comments to HUDsales@VerdiAssetSales.com.