Freddie Mac Update: A Look at Non-Performing Loans

Reaching into its mortgage-related investments portfolio, it announced the auctioning of 2,806 non-performing residential first lien loans (NPLs), according to Freddie Mac. Specialized Loan Servicing LLC currently services the loans, with a balance of $464 million. The anticipated settlement date of the transaction is in December. Through its advisors, Freddie Mac initiated the marketing of …

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Source: DS News

2020-10-06T14:42:01-06:00