UPDATE
June 2022 Post-Sale Results Summary (Report)
HUD-Held Vacant Loan Sale 2022-2 Part 2 (“HVLS 2022-2 Part 2”)
On July 27, 2022, HUD will offer approximately 703 notes with an updated loan balance of $141 million. These loans were part of the 1,406 notes offered for sale on June 8, 2022.
The sale 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, vacant residential properties where all borrowers and any non-borrowing spouses are deceased.
Entities interested in participating can contact the Office of Asset Sales’ Single Family Transaction Specialist at 1-844-709-0763 or email HUDSales@falconassetsales.com for more information.
March 2022 Post-Sale Results Report
HVLS Post-Sale Results Report Available (Report)
The Department has released its latest post-sale results report. This report captures data on the loans sold in the HUD-Held Vacant Loan Sales (HVLS).
The HUD Library Appendices for the March 2022 Post-Sale Results Report (Report).
Announcing the HUD-Held Vacant Loan Sale 2022-2 (“HVLS 2022-2”)
Source: U.S. Department of Housing and Urban Development
Washington D.C. - The U.S. Department of Housing and Urban Development (“HUD”) has announced HUD-Held Vacant Loan Sale (“HVLS 2022-2”):
- On June 8, 2022, HUD will offer multiple residential mortgage pools consisting of approximately 1,450 notes and loan balance of approximately $336 million.
- 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 2022-2 loan sale auction are non-profits, non-profit joint ventures, non-profit instrumentalities of government, governmental entities or instrumentalities of government, or governmental entity joint ventures.
Entities interested in participating can contact the Office of Asset Sales’ Single Family Transaction Specialist at 1-844-709-0763 or email HUDSales@falconassetsales.com for more information.
September 2021 Post-Sale Results Report
HVLS Post-Sale Results Report Available (Report)
The Department has released its latest post-sale results report. This report captures data on the loans sold in the HUD-Held Vacant Loan Sales (HVLS).
The HUD Library Appendices for the March 2021 Post-Sale Results Report (Report).
DASP Results Reporting Update
The March 2021 report was the final report on the Distressed Asset Stabilization Program (DASP) loan sales as the reporting period for all purchasers has ended.
December 9, 2021
HUD-Held Vacant Sale 2022-1 Results
Thank you to all the teams that participated in the HUD-Held Vacant Loan Sale, HVLS 2022-1 on December 1st! A new strategy was implemented in which HUD offered up to 50 percent of the notes in the multi-loan pools for bids by eligible non-profit organizations and units of state and local government. Previous sales prioritized approximately 10 percent of the mortgage notes for this purpose. HUD set a goal to expand opportunities for participation for non-profit organizations and units of local government.
In keeping with that goal, half of the notes offered in the sale were awarded to mission-driven non-profit organizations.
To view specific Sales results please follow this hyperlink. (HVLS-2022-1 Sales Results Summary)
September 21, 2021
Multifamily and Healthcare Loan Sale – MHLS 2022-1
On October 20, 2021 HUD will conduct the sale of 11 multifamily and healthcare mortgage notes – six notes secured by six healthcare assets and five notes secured by three multifamily assets. For more information on the October 20, 2021 sale please contact J.S. Watkins Realty Partners, LLC at (301) 215-7953 or twatkins@jswpartners.com. To register @Virtual conference, along with Qualification information can be found at here
September 16, 2021
Announcing the HUD-Held Vacant Loan Sale 2022-1 (“HVLS 2022-1”)
The U.S. Department of Housing and Urban Development (“HUD”) has announced the latest HUD-Held Vacant Loan Sale (“HVLS 2022-1”).
On November 10, 2021, HUD will offer multiple residential mortgage pools consisting of approximately 1,700 notes and a loan balance of approximately $417 million.
The sale will consist of due and payable Secretary-Held loans. The loans are first liens secured by 1 to 4-unit, vacant residential properties where the last surviving borrower is deceased. This sale will include increased bidding opportunities for non-profit and state & local government purchasers.
Entities interested in participating can register @Virtual conference and contact the Office of Asset Sales Single Family Transaction Specialist at 1-844-709-0763 or email HUDSales@FalconAssetSales.com for more information.
September 9, 2021
Nonprofit Conference September 29, 2021
The U.S. Department of Housing and Urban Development (HUD) will be hosting a conference for nonprofit organizations and units of local government to help further educate organizations about FHA Loan Sale opportunities and enhancements for upcoming sales that provide expanded opportunities for participation. To register for this Virtual Conference or for additional information, contact Asset Sales Transaction Specialist, dwentworth@falconcapitaladvisors.com
May 28, 2021
Post-Sale Reports
HVLS Post-Sale Results Report Available (March 2021 HVLS CReport_March 2021v5)
The Department has released its latest post-sale results report. This report captures data on the loans sold in the HUD-Held Vacant Loan Sales (HVLS).
The HUD Library Appendices for the March 2021 Post-Sale Results Report can be found (HVLS CReport Library_March 2021v5)
DASP Results Report Available (DASP CReport_March 2021v3)
The Department has released its latest post-sale results report here. The March 2021 report includes details on the Distressed Asset Stabilization Program (DASP) loan sales.
The HUD Library Appendices for the March 2021 Post-Sale Results Report can be found (DASP CReport Library_March 2021v2)
May 7, 2021
Single Family Direct Sale (New York)
The Report on this sale can be found here.
December 14, 2020
Post-Sale Reports
HVLS Post-Sale Results Report Available (September 2020)
The Department has released its latest post-sale results report. This report captures data on the loans sold in the HUD-Held Vacant Loan Sales (HVLS).
The HUD Library Appendices for the September 2020 Post-Sale Results Report can be found (here)
DASP Results Report Available (September 2020)
The Department has released its latest post-sale results report here. The September 2020 report includes details on the Distressed Asset Stabilization Program (DASP) loan sales.
The HUD Library Appendices for the September 2020 Post-Sale Results Report can be found here
July 31, 2020
Multifamily Healthcare Loan Sale (“MHLS 2020-1”).
The U.S. Department of Housing and Urban Development is pleased to announce the next Multifamily Healthcare Loan Sale (“MHLS 2020-1”). On August 26th , HUD will offer nine (9) due and payable Secretary-Held commercial loans consisting of one multifamily loan and eight (8) healthcare loans with a total unpaid principal loan balance of approximately $65 million. Loans are secured by first lien properties. For more information, contact the Multifamily Transaction Specialist, JS Watkins, LLC at 617-531-3454 or email at mhls2020-1@debtx.com.
June 24, 2020
HUD-Held Vacant Loan Sale 2020-1 (“HVLS 2020-1”) UPDATE
Thank you to all the teams that participated in the HUD-Held Vacant Loan Sale, HVLS 2020-1. Sales results can be found here.
For more information, please contact the Asset Sales Office’s Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or send your questions or comments to HUDsales@VerdiAssetSales.com.
HVLS Post-Sale Results Report Available (February 2020)
The Department has released its latest post-sale results report here. This is the first post-sale report to capture data on the loans sold in the HUD-Held Vacant Loan Sales (HVLS).
The HUD Library Appendices for the February 2020 Post-Sale Results Report can be found here.
HUD-Held Vacant Loan Sale 2020-1 (“HVLS 2020-1”) has been re-scheduled for June 24th.
The postponed March 18 HUD-Held Vacant Sale (HVLS 2020-1) has been re-scheduled for June 24th. The sale will consist of due and payable Secretary-Held loans. The loans are first liens secured by 1 to 4 unit, vacant residential properties where the last surviving borrower is deceased.
Entities interested in participating can contact the Asset Sales Office’s Single Family Transaction Specialist at 1-844-709-0763 or email HUDsales@VerdiAssetSales.com for more information.
HUD-Held Vacant Loan Sale 2020-1 (“HVLS 2020-1”) POSTPONED
The HUD-Held Vacant Sale (HVLS 2020-1) has been postponed. This sale will be re-scheduled at a future date. We apologize for any inconvenience and we appreciate your participation in our sales.
HUD-Held Vacant Loan Sale 2020-1 (“HVLS 2020-1”)
Source: U.S. Department of Housing and Urban Development
Washington D.C. - The U.S. Department of Housing and Urban Development (“HUD”) has announced the latest HUD-Held Vacant Loan Sale (“HVLS 2020-1”).
On March 18th, 2020, HUD will offer multiple residential mortgage pools consisting of approximately 700 notes and loan balance of approximately $153 million.
The sale will consist of due and payable Secretary-Held loans. The loans are first liens secured by 1 to 4 unit, vacant residential properties where the last surviving borrower is deceased.
Entities interested in participating can contact the Asset Sales Office’s Single Family Transaction Specialist at 1-844-709-0763 or email HUDsales@VerdiAssetSales.com for more information.
HUD-Held Vacant Loan Sale 2019-2 (“HVLS 2019-2”).
The U.S. Department of Housing and Urban Development is pleased to announce the next HUD-Held Vacant Loan Sale (HVLS 2019-2). On July 24, 2019, HUD will offer multiple residential mortgage pools consisting of due and payable Secretary-Held loans with a total loan balance of approximately $330 million. This sale will include several opportunities for non-profit involvement, including a pool of loans in Puerto Rico set-aside for non-profits and units of local government. Loans are secured by first lien, vacant residential properties where the last surviving borrower is deceased. For more information, contact the Office of Asset Sales Single Family Transaction Specialist at 1-844-709-0763 or email HUDsales@VerdiAssetSales.com.
Post-Sale Results Report Available (February 2020)
The Department has released its latest post-sale results report here. The February 2020 report includes details on the Distressed Asset Stabilization Program (DASP) loan sales.
The HUD Library Appendices for the February 2020 Post-Sale Results Report can be found here.
Post-Sale Results Report Available (September 2019)
The Department has released its latest post-sale results report here. The September 2019 report includes details on the Distressed Asset Stabilization Program (DASP) loan sales.
The HUD Library Appendices for the September 2019 Post-Sale Results Report can be found here.
For more information, please contact the Asset Sales Office’s Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or send your questions or comments to HUDsales@VerdiAssetSales.com.
Healthcare Loan Sale 2019-1 (“HLS 2019-1”)
The U.S. Department of Housing and Urban Development, (“HUD”) is pleased to announce Healthcare loan sale, HLS 2019-1. The sale includes five healthcare loans secured by four assets with a total unpaid principal balance of $21,289,999.46 million. Bids will be taken on June 12, 2019. For more information, contact J.S. Watkins Realty Partners, LLC at 301-215-7953 or at twatkins@jswpartners.com. Qualification information can be found at https://www.debtx.com/corp/news/u-s-departmentan-sale-2019-1/.
HUD-Held Vacant Loan Sale 2019-1 (“HVLS 2019-1”) UPDATE
Thank you to all the teams that participated in the December 12, 2018 HUD-Held Vacant Loan Sale, HVLS 2019-1. Sales results can be found here.
For more information, please contact the Asset Sales Office’s Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or send your questions or comments to HUDsales@VerdiAssetSales.com.
HUD-Held Vacant Loan Sale (“HVLS 2019-1”).
The U.S. Department of Housing and Urban Development is pleased to announce the next HUD-Held Vacant Loan Sale (HVLS 2019-1). On December 12th, 2018, HUD will offer multiple residential mortgage pools consisting of due and payable Secretary-Held loans with a total loan balance of approximately $230 million. Loans are secured by first lien, vacant residential properties where the last surviving borrower is deceased. For more information, contact the Office of Asset Sales Single-Family Transaction Specialist at 1-844-709-0763 or email HUDsales@VerdiAssetSales.com.
Multifamily and Healthcare Loan Sale 2018-2 (“MHLS 2018-2”) UPDATE
Thank you to all the teams that participated in the August 15, 2018 Multifamily & Healthcare loan sale, MHLS 2018-2. Sales results can be found here.
For more information, contact J.S. Watkins Realty Partners, LLC at 301-215-7953 or at twatkins@jswpartners.com. Qualification information can be found at https://www.debtx.com/Corp.
Multifamily and Healthcare Loan Sale 2018-2 (“MHLS 2018-2”).
The U.S. Department of Housing and Urban Development, (“HUD”) is pleased to announce Multifamily & Healthcare loan sale, MHLS 2018-2. The sale includes three multifamily loans and fifteen healthcare loans with a total unpaid principal balance of $124.5 million. The loans are secured by properties in seven states with a large concentration in Illinois. Bids will be taken on August 15, 2018. For more information, contact J.S. Watkins Realty Partners, LLC at 301-215-7953 or at twatkins@jswpartners.com. Qualification information can be found at https://www.debtx.com/corp/news/u-s-departmentan-sale-2018-2/.
HUD-Held Vacant Loan Sale 2018-1 (“HVLS 2018-1”) UPDATE
Thank you to all the teams that participated in the April 11, 2018 HUD-Held Vacant Loan Sale, HVLS 2018-1. Sales results can be found here.
For more information, please contact the Asset Sales Office’s Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or send your questions or comments to SFLS2016-1@VerdiAssetSales.com.
HUD-Held Vacant Loan Sale 2018-1 (“HVLS 2018-1”).
The U.S. Department of Housing and Urban Development, (“HUD”) is pleased to announce the next HUD-Held Vacant Loan Sale (“HVLS 2018-1”). On April 11th, 2018, HUD will offer for sale via competitive auction multiple residential mortgage pools consisting of due and payable Secretary-Held loans with a total loan balance of approximately $136 million. The loans are first liens secured by 1 to 4 unit, vacant residential properties where the last surviving borrower is deceased. For more information, contact the Asset Sales Office’s Single Family Transaction Specialist at 1-844-709-0763 or email HUDsales@VerdiAssetSales.com.
Multifamily Loan Sale Update 2018-1
Thank you to all the teams that participated in the Multifamily Loan Sale on November 8, 2017. Sales results can be found here.
For more information, contact J.S. Watkins Realty Partners, LLC at 301-215-7953 or at twatkins@jswpartners.com. Qualification information can be found at https://www.debtx.com/Corp.
HUD-Held Vacant Loan Sale 2017-2 (“HVLS 2017-2”) UPDATE
Thank you to all the teams that participated in the June 21, 2017 HUD-Held Vacant Loan Sale, HVLS 2017-2. Sales results can be found here.
For more information, please contact the Asset Sales Office’s Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or send your questions or comments to SFLS2016-1@VerdiAssetSales.com.
Post-Sale Results Report Available (March 2017)
The Department has released its latest post-sale results report here. The March 2017 report includes details on the Distressed Asset Stabilization Program (DASP) loan sales.
The HUD Library Appendices for the March 2017 Post-Sale Results Report can be found here.
HUD-Held Vacant Loan Sale 2017-1 (“HVLS 2017-1”) Sale Results
Thank you to all the teams that participated in the November 30, 2016 HUD-Held Vacant Loan Sale 2017-1. The results from the sale can be found here and here (revised Sales Results Summary).
For more information, please contact the Asset Sales Office’s Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or send your questions or comments to SFLS2016-1@VerdiAssetSales.com.
HUD-Held Vacant Loan Sale 2017-2 (“HVLS 2017-2”)
The U.S. Department of Housing and Urban Development, (“HUD”) held its second HUD-Held Vacant Loan Sale 2017-2 (“HVLS 2017-2”) on June 21st, 2017. HUD offered for sale residential mortgage pools consisting of approximately 900 notes with a loan balance of approximately $170 million. The sale consisted of due and payable Secretary-Held loans. The loans are first liens secured by 1 to 4 unit, vacant residential properties where the last surviving borrower is deceased. For more information, contact the Asset Sales Office’s Single Family Transaction Specialist at 1-844-709-0763 or email HUDsales@VerdiAssetSales.com for more information.
HUD-Held Vacant Loan Sale 2017-1 (“HVLS 2017-1”) Sale Results
Thank you to all the teams that participated in the November 30, 2016 HUD-Held Vacant Loan Sale 2017-1. The results from the sale can be found here.
For more information, please contact the Asset Sales Office’s Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or send your questions or comments to SFLS2016-1@VerdiAssetSales.com.
HUD-Held Vacant Loan Sale 2017-1 (“HVLS 2017-1”).
The U.S. Department of Housing and Urban Development, (“HUD”) has announced the first of a new offering type, the HUD-Held Vacant Loan Sale 2017-1 (“HVLS 2017-1”). On November 30th, 2016, HUD sold multiple residential mortgage pools consisting of approximately 1,700 notes and an aggregate broker price opinion of approximately $220 million. The sale consisted of due and payable Secretary-Held loans. The loans are first liens secured by 1 to 4 unit, vacant residential properties where the last surviving borrower is deceased. For more information, contact the Asset Sales Office’s Single Family Transaction Specialist at 1-844-709-0763 or email HUDsales@VerdiAssetSales.com for more information.
Single Family Loan Sale 2016-2 (SFLS 2016-2) Sale Results
Thank you to all the teams that participated in the September 14, 2016 offering. The results from the sale can be found here.
For more information, please contact the Asset Sales Office’s Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or send your questions or comments to SFLS2016-1@VerdiAssetSales.com.
Post-Sale Results Report Available (October 2016)
The Department has released its latest post-sale results report here. The report includes details on all of the Single Family Loan Sales including recent Distressed Asset Stabilization Program sales.
The HUD Library Appendices for the October 2016 Post-Sale Results Report can be found here.
Distressed Asset Stabilization Program (“DASP”) Enhancements Seminar & Webinar
The Department of Housing and Urban Development (HUD) is holding an informational Seminar & Webinar on Distressed Asset Stabilization Program (“DASP”) loan sales and recently announced enhancements on August 17, 2016. Interested parties can register for the Live Webinar or to attend in person at HUD’s Philadelphia Home Ownership Center.
For more information, please contact the HUD’s Transaction Specialist at HUDsales@verdiassetsales.com, or call at 1-844-709-0763
FHA Announces Distressed Notes Sales Program Improvements
On June 30, 2016, FHA announced a series of enhancements to the Department's Distressed Asset Stabilization Program (DASP) to improve protections for borrowers and communities, increase participation by non-profits, and improve program transparency and disclosures. More information can be found here.
Single Family Loan Sale 2016-2 (SFLS 2016-2)
The Department announced a Distressed Asset Stabilization Program (DASP) consisting of National and Neighborhood Stabilization Outcome Pools (NSO) Pools offered on September 14th, 2016.
The Department’s NSO offerings will include pools for which only non-profit bidders or units of local government will be eligible to bid. These NSO pools are in designated geographical areas that are aimed at neighborhood stabilization outcomes.
NSO pools, including the NSO Non-Profit and Unit of Local Government Pool geographical areas, will be announced shortly.
Entities interested in qualifying to participate in the sales must complete the Confidentiality and Qualification Procedures. These documents will be available to interested bidders shortly.
For more information, please contact the Asset Sales Office’s Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or send your questions or comments to HUDsales@VerdiAssetSales.com.
Please check back regularly for more information.
Healthcare Loan Sale 2016-1 (HLS 2016-1)
The Department announced a Healthcare Asset Sales Program consisting of eight (8) non-performing healthcare assets in four (4) Mortgage Loan Pools and (1) one All-Or-None Pool to be offered on July 20th, 2016.
Entities interested in qualifying to participate in the sale must complete the Confidentiality Agreement and Qualification Statement. These documents can be found on the sale website at www.debtx.com.
For more information, please contact the Asset Sales Office’s Multifamily and Healthcare Transaction Specialist, J.S. Watkins Realty Partners, LLC, at 1-301-215-7269 or send your questions or comments to hls2016-1@debtx.com or twatkins@jswpartners.com.
Aged Delinquent Portfolio Loan Sale (ADPLS) Sale Results
Thank you to all the teams that participated in the May 18, 2016 Aged Delinquent Portfolio Loan Sale. The results from the sale can be found here.
For more information, please contact the Asset Sales Office’s Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or send your questions or comments to ADPLS@VerdiAssetSales.com.
Post-Sale Results Report Available (January 2016)
The Department has released its latest post-sale results report here. The report includes details on all of the Single Family Loan Sales including recent Distressed Asset Stabilization Program sales.
Single Family Loan Sale 2016-1 (SFLS 2016-1) Sale Results
Thank you to all the teams that participated in the November 18, 2015 offering. The results from the sale can be found here.
For more information, please contact the Asset Sales Office's Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or send your questions or comments to SFLS2016-1@VerdiAssetSales.com.
Please check back regularly for more information.
October 21, 2015 Single Family Loan Sale Non-Profit Webinar
The webinar, “Encouraging Opportunities to Succeed,” covered all aspects of the Single Family note sales for non-profits interested in bidding and also for teams just interested in learning more about the notes sales process. A recording of the webinar can be viewed here and presentation to the slides can be downloaded here.
Single Family Loan Sale 2015-1 (SFLS 2015-1) Sale Results
Thank you to all the teams that participated in the SFLS 2015-1 sale. The results from the sale can be found here.
A fact sheet with details about this sale can be found here.
For more information, please contact the Asset Sales Office’s Single Family Transaction Specialist, Verdi Consulting, at 1-844-709-0763 or send your questions or comments to SFLS2016-1@VerdiAssetSales.com.
February 5-6, 2015 Non-Profit Training Seminar
Training slides from the Non-Profit Training Seminar HUD held on February 5-6, 2015 are available here.
Past Sales
The Results Reports for previous sales, as well as general program information and frequently asked questions can be found on the Single Family Loan Sales, Multifamily Loan Sales, and Health Care Loan Sales pages, links to which are provided below.
If you have further questions, please call or email the FHA Office of Asset Sales using the information shown above.
Office of Asset Sales Description
U.S. Department of Housing & Urban Development
Room 3136
451 Seventh Street, S.W.
Washington, D.C. 20410
Telephone: (202) 708-2625
Fax: (202) 708-2771
Email: assetsales@hud.gov
The FHA Office of Asset Sales was established to coordinate the disposition of defaulted FHA-held single family, multifamily, and healthcare mortgage notes. Under the Debt Collection Improvement Act of 1996, credit agencies with $100 million in loan assets are expected to sell certain delinquent loans. The asset sales program provides another disposition option for defaulted FHA notes to the conveyance claim process that requires foreclosure on the borrower and the sale of the acquired property. HUD has assembled a seasoned team of professionals with over $15 billion in whole loan and joint venture sales experience. John Lucey is the Director of the Office of Asset Sales.
OAS has implemented various sales of these defaulted notes to reduce losses/improve recoveries for FHA’s Mutual Mortgage Insurance Fund versus other alternative disposition programs. Asset sales provide a disposition option for defaulted FHA loans that does not require FHA, or its servicers, to foreclosure on the mortgage and sell the acquired property.
The Multifamily Loan Sale (MFLS) program is intended to reduce claim costs, increase the availability of affordable housing, minimize holding costs for multifamily properties, and maximize recoveries to the FHA insurance fund.
The Healthcare Loan Sale program is also intended to reduce claim costs, minimize the holding costs of defaulted healthcare facilities, and maximize recoveries to the FHA insurance fund.
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