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Non-Performing (NPL) AND REPERFORMING Loan  (RPL) Sales

The sale of NPLs and RPLs by Fannie Mae and Freddie Mac (the Enterprises) reduces the number of delinquent loans held in their inventories and transfers credit risk to the private sector. The sales help achieve more favorable outcomes for borrowers and local communities. Purchasers of Enterprise NPLs and RPLs are subject to requirements published by FHFA, which have been enhanced over time, most recently 2021. 

​Links to the most recent NPL and RPL Sales Requirements Fact Sheet and NPL Sales Reports can be found at:

​Read more about  Fannie Mae​ and Freddie Mac​​ NPL and RPL sales. ​  


Date last updated: December 21, 2022

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