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MCLEAN, VA–(Marketwired – May 26, 2015) – Freddie Mac (OTCQB: FMCC) today announced that on May 21 st it sold via auction 1,052 deeply delinquent Ocwen serviced non-performing loans (NPLs) from its mortgage investment portfolio as part of its Standard Pool Offerings (SPO).The loans have an aggregate unpaid principal balance (UPB) of $201 million.
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But in its fifth Community Impact Pool sale, Fannie Mae is turning back to a non-profit, and a familiar one at that – The Community Loan Fund of New Jersey, an affiliate of New Jersey Community.
Freddie Mac Selling $1 Billion of Soured Debt in Largest Deal. – Freddie Mac is selling more than $1 billion of soured U.S. home loans in its largest sale of the debt. Potential buyers are bidding on three pools of nonperforming loans, with unpaid principal balances of about $660 million, $249 million and $125 million.
Freddie Mac completed its inaugural sale of NPLs in 2014, followed by a sale in February 2015 and one in March that included 5,398 of deeply delinquent loans representing. announced its intent to.
The NPL sale, which was. s second Community Impact Pool transaction; the first was in July 2015. While the advocacy groups and prominent lawmakers such as Sen. Elizabeth Warren (D-Massachusetts).
Freddie Mac Executes First 2015 Sale of Seriously Delinquent Loans From Its Investment Portfolio PDF Version MCLEAN, VA–(Marketwired – Mar 3, 2015) – Freddie Mac (OTCQB: FMCC) sold via auction 1,975 deeply delinquent non-performing loans (NPLs) from its mortgage investment portfolio on February 6, 2015.
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July 31, 2015 16:05 ET. Freddie Mac Further Reduces Seriously Delinquent Loans From Its Investment Portfolio . Company Completes $591 Million Sale of Non-Performing Loans
Freddie Mac today announced it sold via auction 6,816 deeply delinquent non-performing loans serviced by Nationstar Mortgage, LLC from its mortgage investment portfolio. The sale consisted of two.
Florida homeowners get huge chunk of BofA settlement The big question is how much money would be available to help homeowners, but that depends on how many states agree to the deal. If all 50 states sign on, the mortgage servicing settlement..
Freddie Mac Auctions First NPL Pools of the Year – MCLEAN, VA–(Marketwired – Mar 19, 2018) – Freddie Mac (OTCQB: FMCC) today announced it sold via auction 2,150 deeply delinquent non-performing loans (NPLs) from its mortgage investments portfolio.