Blockchain Registration Transaction Record

Fannie Mae Awards 27th Community Impact Pool to Residential Credit Opportunities Trust X-C

Fannie Mae awards its 27th Community Impact Pool of non-performing loans to Residential Credit Opportunities Trust X-C, focusing on Florida with strict borrower protections.

This news is significant as it highlights Fannie Mae's ongoing efforts to address non-performing loans through its Community Impact Pool program, ensuring that purchasers adhere to strict loss mitigation protocols to protect borrowers. This approach not only aids in stabilizing the housing market but also provides opportunities for distressed homeowners to retain their homes through modifications and principal forgiveness, reflecting a commitment to community impact and financial stability.