Upcoming Sales

The U.S. Department of Housing and Urban Development (“HUD”) has announced Healthcare Loan Sale 2026-2 (“HLS 2026-2”).

On August 11, 2026, HUD will offer fourteen (14) due and payable Secretary-Held commercial mortgage loans backed by thirteen (13) properties. The portfolio consists of fourteen (14) Section 232 healthcare loans with a combined total unpaid principal loan balance of approximately $93 million.

HUD reserves the right to add or remove loans from HLS 2026-2.

Further details regarding the healthcare loans offered in the HLS 2026-2 sealed bid auction can be found at www.falconassetsales.com.

From time to time, the U.S. Department of Housing and Urban Development (“HUD”) conducts loan sales of defaulted healthcare mortgage notes previously insured by FHA through various sale structures.

The Healthcare Loan Sale program is intended to support maintaining access to healthcare in communities, reduce FHA’s claim costs, minimize the holding costs of defaulted healthcare notes, and maximize recoveries to the FHA insurance fund.

Entities interested in participating in the August 11, 2026 HLS 2026-2 sealed bid auction can contact the Office of Asset Sales’ Transaction Specialist at 1-844-709-0763 or email This email address is being protected from spambots. You need JavaScript enabled to view it. for more information

Asset Summary

The U.S. Department of Housing and Urban Development (“HUD”) is announcing the HUD-held Non-Vacant Loan Sale (“HNVLS”) 2026-1 and HUD-held Vacant Loan Sale (“HVLS”) 2027-1.

• The HNVLS 2026-1 sale is rescheduled for September 1, 2026.
• On September 1, 2026, HUD will offer multiple residential mortgage loans consisting of approximately 1,500 mortgage loans with a loan balance of approximately $454 million.
• Bidder qualifications will resume on July 29, 2026, and the Data Room will open on or about July 30, 2026. Bidders will receive their approval notification via email once they have been approved.
• HNVLS 2026-1 now includes additional requirements to comply with Executive Order 14376, issued on January 20, 2026, titled “Stopping Wall Street from Competing with Main Street Homebuyers” and Title X of the 21st Century ROAD to Housing Act (P.L. 119-101), titled “Home-Ownership for Main Street America.”
• The HVLS 2027-1 sale is scheduled for October 2026. HUD will offer multiple residential mortgage loans consisting of approximately 4,000 mortgage loans.

These sales will consist of due and payable HUD-held loans. The loans are first liens secured by Home Equity Conversion Mortgages (HECMs) securing 1-to-4-unit, residential properties where all borrowers and any non-borrowing spouses are deceased. Properties included in the HNVLS 2026-1 sale are occupied by non-borrowers while the properties in the HVLS 2027-1 sale are vacant.

A regulatory waiver has been issued for the HNVLS 2026-1 sale. For additional information, please see https://www.hud.gov/hudclips/waivers.

Entities interested in participating can contact the Office of Asset Sales’ Single Family Transaction Specialist at 1-844-709-0763 or email This email address is being protected from spambots. You need JavaScript enabled to view it. for more information.

Geographic Distribution