Items Tagged with 're-performing loan sale'

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Freddie Mac selling off $292 million in previously modified loans

Re-performing loans will be re-securitized by Freddie Mac
Freddie Mac announced Thursday that it intends to sell off approximately $292 million in previously modified loans from its investment portfolio. According to details provided by the government-sponsored enterprise, the pool of loans consists of loans with step-rate modifications and loans modified under GSE proprietary modifications.
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