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Freddie Mac Sells $1.1 Billion of Seriously Delinquent Loans

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MCLEAN, VA -- (Marketwired) -- 09/16/15 -- Freddie Mac (OTCQB: FMCC) today announced it sold via auction 5,208 deeply delinquent non-performing loans (NPLs) serviced by Ocwen Loan Servicing, LLC from its mortgage investment portfolio on September 11, 2015. The transaction is expected to settle in O ...

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