Fannie Mae Announces Nineteenth Sale of Reperforming Loans
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WASHINGTON, March 9, 2021 /PRNewswire/ Fannie Mae (OTCQB: FNMA) today began marketing its nineteenth sale of reperforming loans as part of the company s ongoing effort to reduce the size of its retained mortgage portfolio.
The sale consists of nearly 25,000 loans with an unpaid principal balance of approximately $3.5 billion, and is available for purchase by qualified bidders. Interested bidders can register on the Whole Loans Sales page.
This sale of reperforming loans is being marketed in collaboration with Citigroup Global Markets, Inc. Bids are due on March 30, 2021.
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FTAC Hera Acquisition Corp. Announces Completion of $851 million Initial Public Offering, Including Partial Exercise of Over-Allotment Option
03/09/2021 | 04:45pm EDT
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PHILADELPHIA, PA, March 09, 2021 (GLOBE NEWSWIRE) FTAC Hera Acquisition Corp. (NASDAQ:HERAU) (the “Company”), a blank-check company led by Betsy Z. Cohen as Chairman of the Board and Daniel G. Cohen as President and Chief Executive Officer formed for the purpose of acquiring or merging with one or more technology and financial services technology companies, announced the completion of its initial public offering on March 8, 2021 and the partial exercise of the underwriters’ over-allotment option today, resulting in the sale of 85,147,760 units at a price of $10.00 per unit, for gross proceeds to the Company of $851,477,600. The Company s units began trading on the Nasdaq Capital Market under the symbol HERAU on March 4, 2021. Each unit issued in the offering cons