Upcoming Sales
October 16, 2024
On October 16, 2024, HUD will offer multiple residential mortgage loans consisting of approximately 2,700 mortgage loans with an updated loan balance of approximately $746 million.
Bidder qualifications will begin on August 22, 2024. Bidders will receive their approval notification when the data room opens on or about September 11, 2024.
The sale will consist of due and payable HUD-Held loans. The loans are first liens secured by home equity conversion mortgages (HECM’s) securing 1- to 4-unit, vacant residential properties where all borrowers and any non-borrowing spouses are deceased.
Eligible Bidder types for the HVLS 2025-1 loan sale auction are nonprofits, nonprofit joint ventures, nonprofit instrumentalities of government, governmental entities or instrumentalities of government, governmental entity joint ventures, or for-profits.
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.
ASSET SUMMARY