trending Market Intelligence /marketintelligence/en/news-insights/trending/gb7n65r4fmwoyearrw6puq2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Freddie Mac auctions $22.4M of nonperforming loans

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

The Evolution of ESG Factors in Credit Risk Assessment: Environmental Issues


Freddie Mac auctions $22.4M of nonperforming loans

Freddie Mac has auctioned 113 deeply delinquent nonperforming loans worth $22.4 million to VRMTG ACQ LLC.

The loans are serviced by New Penn Financial LLC, which does business as Shellpoint Mortgage Servicing.

The sale is part of Freddie Mac's extended timeline pool offering. The transaction is expected to settle in May.

Freddie Mac's advisers on the transaction are J.P. Morgan Chase LLC and The Williams Capital Group LP.