Freddie Mac Announces $474 Million Non-Performing Loan Sale
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MCLEAN, Va., Sept. 16, 2026 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today it will offer approximately $474 million in non-performing loans (NPL) for sale via auction. The NPLs being offered consist of seasoned, deeply delinquent residential first lien whole loans held in Freddie Mac's mortgage-related investments portfolio. The NPLs are currently serviced by Select Portfolio Servicing Inc., Newrez LLC, d/b/a Shellpoint Mortgage Servicing, or Selene Finance LP, or Rocket Mortgage, LLC d/b/a Rushmore Servicing. The NPLs are being marketed via five pools: four Standard Pool Offerings (SPO ® ) and one Extended Timeline Pool Offering (EXPO ® ). Bids are due from qualified bidders by October 6, 2026 for the SPO pools, and October 23, 2026 for the EXPO pool. To participate, all potential bidders must be approved by Freddie Mac and successfully complete a qualification package to access the secure data room containing information about the NPLs and to bid on the NPL pool(s). The bids are to be made on an all-or-none basis for any pool separately. The winning bidder for each pool will be determined on the basis of the economics of the bids, subject to meeting Freddie Mac's internal reserve levels, at Freddie Mac's sole discretion. Advisors to Freddie Mac on the transaction are BofA Securities, Inc. and First Financial Network, Inc. Freddie Mac's seasoned loan...
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