Pacific Investment Management Company LLC was the winning bidder to acquire 6,484 Loans Totaling $1.47 Billion in Unpaid Principal Balance from Federal National Mortgage Association.

Pacific Investment Management Company LLC was the winning bidder to acquire 6,484 Loans Totaling $1.47 Billion in Unpaid Principal Balance from Federal National Mortgage Association (OTCPK:FNMA) on April 16, 2024. The transaction is expected to close by June 25, 2024. Citigroup Global Markets Inc. served as financial advisor to 6,484 Loans Totaling $1.47 Billion in Unpaid Principal Balance.