Delinquent mortgage loans worth $410-million will be auctioned off in three pools.
According to DSNews.com’s article “Freddie Mac to Auction $410 Million Worth of Delinquent Mortgage Loans” (Jan. 24, 2015. http://dsnews.com/news/01-24-2015/freddie-mac-auction-410-million-worth-delinquent-mortgage-loans):
The delinquent loans are scheduled to be auctioned off in three pools with unpaid principal balances of $160 million, $141 million, and $109 million, totaling about $410 million. Offers are due for the delinquent loans on February 4.
Read more about this news here.
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