Hedge funds get better deals than homeowners

Hover over or tTap the graphic to see distribution of bulk sales

= One bulk sale offering

Homeowners would have to pay the full mortgage value plus interest to keep their homes.

as % of property value

Homeowners would have to pay the full mortgage value plus interest to keep their homes.

Wall Street investors and others paid significantly less than the full mortgage value, and could own the house if the homeowner defaults.

as % of property value

as % of property value

How bulk home loan sales benefit hedge funds over homeowners

Explore the full interactive to learn more about HUD's bulk sales.

Source: Data from a Freedom of Information Act request to HUD.

Credit: Yue Qiu, Center for Public Integrity