Tuesday, September 15, 2015

Freddie Mac selling $327 million in non-performing loans

Freddie Mac announced its latest sale of deeply delinquent non-performing loans. The sale will be Freddie Mac’s seventh non-performing loan sale since the Federal Housing Finance Agency announced the new guidelines for sales of NPLs by Freddie Mac and Fannie Mae to make sure the loans go to capable mortgage servicers.

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