Freddie Mac sells off $1.1 billion in non-performing loans: ...

Freddie Mac sells off $1.1 billion in non-performing loans: Freddie Mac announced Tuesday that it sold off 5,311 seriously delinquent loans from its investment portfolio. The loans carry an unpaid principal balance of approximately $1.1 billion. The sale, which was initially announced last month, had five pools of loans being sold to several different buyers, including one that has become familiar in sales like these. http://www.housingwire.com/articles/35785-freddie-mac-sells-off-11-billion-in-non-performing-loans