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Single Family Loan Sale Initiative

Published by U.S. Department of Housing and Urban Development | Department of Housing and Urban Development | Metadata Last Checked: February 19, 2026 | Last Modified: 2016-03-14
The FHA Office of Housing last conducted a series of mortgage loan sales under the Single Family Loan Sale (SFLS) Initiative in 2016. The current sales structure consisted of whole loan, competitive auctions, offering for purchase defaulted single family mortgages provided by FHA-approved loan servicers. The loans sold contained specified representations and warranties and may be sold with post-sale restrictions and/or reporting requirements. FHA sold loans in large national pools, as well as loan pools in designated geographical areas that are aimed at a neighborhood stabilization outcome (“NSO pools”).

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