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PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

What Is a Community Impact Pool in Note Investing?

Liz Brumer-Smith, The Motley Fool
·3-min read

In note investing, large entities such as Fannie Mae (OTC: FNMA) will, from time to time, offer nonperforming loans for sale as part of a community impact pool (CIP). This designation means the group or pool of loans being sold is in a targeted geographic area, making it an ideal investment from which a singular entity -- such as a nonprofit organization, minority- or women-owned business (MWOB), or smaller investor -- can acquire assets, provided the investment positively impacts the community.

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