The U.S. Department of Housing and Urban Development plans to auction 11 defaulted healthcare mortgage loans with a combined unpaid principal balance of approximately $56 million on November 17. The portfolio is secured by 11 healthcare properties across nine states,...
The U.S. Department of Housing and Urban Development is preparing to put roughly $1.3 billion of vacant reverse-mortgage loans into the market, creating one of the more consequential distressed residential note sales on the federal calendar this fall.HUD’s Office of...