This notice announces HUD's intention to competitively sell certain unsubsidized single family mortgage loans, in a sealed bid sale offering called ADPLS, without Federal Housing Administration (FHA) mortgage insurance. This notice also generally describes the bidding process for the sale and certain persons who are ineligible to bid. This is the first ADPLS offering, and the sale will be held on May 18, 2016.
Document
Notice of Aged Delinquent Portfolio Loan Sale (ADPLS)
This notice announces HUD's intention to competitively sell certain unsubsidized single family mortgage loans, in a sealed bid sale offering called ADPLS, without Federal Housin...
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81 FR 30545
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“Notice of Aged Delinquent Portfolio Loan Sale (ADPLS),” thefederalregister.org (May 17, 2016), https://thefederalregister.org/documents/2016-11616/notice-of-aged-delinquent-portfolio-loan-sale-adpls.