Wednesday, October 5, 2016

Freddie Mac sells off $1 billion in NPLs to familiar private investors

Freddie Mac announced Wednesday that it is selling $1 billion in non-performing loans off its books to a familiar group of private investors. Among the winning bidders in the NPL auction are Pretium #mortgage Credit Partners I Loan Acquisition, Upland #mortgage Acquisition Company II, and Rushmore Loan Management Services, all of which previously purchased NPL pools from either Fannie Mae or Freddie Mac. http://www.housingwire.com/articles/38214-freddie-mac-sells-off-1-billion-in-npls-to-familiar-private-investors ❤️ #share #mortgage



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