DLJ Mortgage Capital, Inc. won a bid to acquire 9,300 Loans with unpaid balance of $2.11 billion from Federal National Mortgage Association.

DLJ Mortgage Capital, Inc. won a bid to acquire 9,300 Loans with unpaid balance of $2.11 billion from Federal National Mortgage Association (OTCPK:FNMA) on October 11, 2017. The transaction is expected to close on December 18, 2017. Citigroup Global Markets Inc. acted as a financial advisor to Federal National Mortgage Association.