Freddie Mac selling off $632 million in non-performing loans

Freddie Mac sells off $706 million in non-performing loans to private investors Freddie Mac sells $43.7 million in non-performing loans to non-profit Ben Lane is the Editor for HousingWire.

Freddie Mac Sells Off $667 Million In Non-Performing Mortgage Loans March 31, 2017 The Federal Home Loan Mortgage Corporation, known as Freddie Mac, announced last week that it’s selling off non-performing loans to private investors.

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Government-backed mortgage company Freddie Mac (FMCC) is selling $410 million of deeply delinquent U.S. home loans in its second sale of the debt. Buyers are bidding on three pools of loans, with unpaid principal balances of $160 million, $141 million and $109 million respectively, according to loan broker Mission Capital Advisors.

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In doing so, lower borrower interest rates, combined with non-performing loans. 728,395 Freddie Mac 308,151 278,516 FHA 60,738 39,293 CMBS/Conduit 16,233 16,233 Total $ 1,048,043 $ 1,062,437 Our.

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Government-backed mortgage giant Freddie Mac (OTC: FMCC ) recently announced that it will be selling $410 million of deeply delinquent mortgage loans in a continued effort to clean up its balance.

Freddie Mac plans to sell $632.2 million in delinquent loans Freddie Mac plans to auction off more large pools of bad loans left over from the housing crash. The deeply delinquent loans will be sold in four pools with a total balance of $632.2 million, the government-sponsored enterprise (GSE) announced Wednesday .

Freddie Mac is selling three pools of non-performing residential home loans with an unpaid principal balance of $1 billion, according to a report from Bloomberg.. The loans will reportedly be sold.

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Freddie Mac selling off $759 million in non-performing loans by Fraud Stoppers Admin | Feb 18, 2017 | Foreclosure Defense News, Tactics, and Tips | 0 comments Earlier this week, Fannie Mae announced its first non-performing loan sale of 2017, stating that it plans to sell 10,000 delinquent loans with a total unpaid principal balance of $1.76.

Freddie Mac announced this week that it is selling off $655 million in non-performing loans, as the government-sponsored enterprise continues to clear deeply delinquent loans off its books.. In the last several years, both Freddie Mac and Fannie Mae have undertaken efforts to shed non-performing loans from their portfolios as part of an effort to decrease the risk on the taxpayers.