Delinquent

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Freddie Mac sells $22.4 million NPLs to minority, woman-owned business

Mar 29, 2018By

Freddie Mac announced it sold $22.4 million in deeply non-performing loans to VRMTG ACQ, a minority, woman-owned business. Freddie Mac explained the loans in the pool have been delinquent for an average of more than two years, and are therefore more likely to have been evaluated for or are in various stages of loss mitigation.

3d rendering of a row of luxury townhouses along a street

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