DLJ Mortgage Capital Acquires Four Pools Of RPLs From Fannie Mae

DLJ Mortgage Capital Inc. is the winning bidder on four pools of reperforming mortgage loans (RPLs) recently auctioned by Fannie Mae.

The deal, which was announced on March 14, included the sale of approximately 7,500 loans totaling $1.62 billion in unpaid principal balance (UPB), divided into four pools.

The pools were marketed with Citigroup Global Markets Inc. as advisor.

The average loan size of all four pools was $215,808; the weighted average note rate was 4.10%; and the weighted average broker price opinion (BPO) loan-to-value ratio was 103.60%.

The cover bid price for the four pools was 87% of UPB (83.16% BPO).


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