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federal_register: 2016-28244

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2016-28244 Notice of HUD Vacant Loan Sales (HVLS 2017-1) Notice This notice announces HUD's intention to competitively offer multiple residential reverse mortgage pools consisting of approximately 1,700 reverse mortgage notes secured by properties with an aggregate broker price opinion of approximately $220 million. The sale will consist of due and payable Secretary-held reverse mortgage loans. The mortgage loans consist of first liens secured by single family, vacant residential properties, where all borrowers are deceased and no borrower is survived by a non-borrowing spouse. This notice also generally describes the bidding process for the sale and certain persons who are ineligible to bid. This is the first sale offering of its type and the sale will be held on November 30, 2016. 2016-11-23 2016 11 https://www.federalregister.gov/documents/2016/11/23/2016-28244/notice-of-hud-vacant-loan-sales-hvls-2017-1 https://www.govinfo.gov/content/pkg/FR-2016-11-23/pdf/2016-28244.pdf Housing and Urban Development Department 228 This notice announces HUD's intention to competitively offer multiple residential reverse mortgage pools consisting of approximately 1,700 reverse mortgage notes secured by properties with an aggregate broker price opinion of approximately $220...  

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