Freddie Mac Sells $428 Million in Non-Performing Loans
Freddie Mac sold 1,968 deeply delinquent non-performing loans with an aggregate unpaid principal balance of approximately $428 million via its Standard Pool Offerings auction, with settlement expected in December 2026. The sale comprised four geographically diverse national pools; VRMTG ACQ, LLC won three pools and Igloo Series VII Trust won the fourth, with cover bids in the mid-80s to mid-90s percent of UPB range. About 51% of the pool balance consists of previously modified mortgages that re-defaulted, and buyers must honor existing loss mitigation agreements.
Key figures
- Pools
- 4
- Npl upb
- 428000000
- Loan count
- 1968
- Npl sales since 2011
- 11400000000
- Rpl securitized since 2011
- 81700000000
- Modified then delinquent share
- 51 percent
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.