Amount Varies HUD Actioned | Non-Performing Loans Nationwide
Summary
The U.S. Department of Housing and Urban Development (HUD) recently announced its first-ever HUD-held single-family note sale exclusively for mission-driven non-profits.
Challenge
We purchase performing, sub-performing and non-performing notes on a single-asset or portfolio basis, in both public and private formats. Assets reserved only for the purchase of mission-driven non-profits limit the pool of eligible buyers.
Solution
We are partnered with a US-certified mission-driven non-profit, through which we are an approved buyer with HUD to bid on select publicly auctioned HUD-held notes.
ESG
We are dedicated to making positive ESG impacts through our investments. By partnering with a mission-driven non-profit we are able to provide our debt capital market expertise while ensuring that social and governance issues are being addressed as a fundamental aspect of the deal.