New Brunswick, NJ (February 9, 2018)—New Jersey Community Capital, a nonprofit dedicated to creating housing, jobs, and educational opportunities in low-income communities, has acquired 495 homes at risk of foreclosure from Fannie Mae’s latest Community Impact Pool of non-performing mortgages. The pool contains non-performing mortgages spread across nine states with an unpaid total mortgage debt balance of over $117 million. NJCC is the largest nonprofit purchaser of under-water mortgages in the US.

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