The Office of Asset Sales conducts loan sales of Multifamily and Healthcare defaulted mortgage notes previously insured by FHA through various sale structures.
The Multifamily Loan Sale program is intended to 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 intended to maintain access to healthcare in communities, reduce claim costs, minimize the holding costs of defaulted healthcare facilities, and maximize recoveries to the FHA insurance fund.
Multifamily and Healthcare Loan Sales (MHLS)
Multifamily and Healthcare Loan Sales (MHLS) are conducted by the Office of Asset Sales to reduce losses and improve recoveries for FHA’s insurance funds versus other alternative disposition programs. Asset sales provide a disposition option for defaulted FHA loans that does not require FHA, or its servicers, to foreclose on the mortgage and sell the acquired property. Results of prior sales can be found below.
The following links provide information on previous FHA Multifamily and Healthcare Loan Sales.
Table of Statistics FY2000 to FY2009
Table of Statistics prior to FY2000