Freddie Mac to Sell $659 Million in Defaulted Home Loans
Wall Street Journal
For years, industry analysts and distressed-loan investors have looked for sales of nonperforming mortgages by Fannie and Freddie, but they haven't materialized until now. Freddie didn't disclose the buyer or the terms. It said the deal will close ...
Freddie Mac sells $659 million in “deeply delinquent” loans to unknown buyer