New Content from The Paper Source
Published: Tue, 05/12/15
- Freddie Mac Auctioning Non-Performing Loans; Small Investors Invited To Bid - 2015-05-12 14:23:43-04
Freddie Mac will auction $233 million of “geographically diverse, deeply delinquent”non-performing loans. The new program, called Extended Timeline Pool Offering, or EXPO, will target smaller investors by making smaller pools of non-performing loans available. To participate, all potential bidders are required to be approved by Freddie Mac. Bids for the pool are due from qualified bidders […]