Freddie Mac Sells $3.8 Million in Non-Performing Loans
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MCLEAN, Va., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced it sold via auction 25 deeply delinquent non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio to Igloo Series VII Trust. The loans, with a balance of approximately $3.8 million, are currently serviced by Selene Finance LP. The sale is part of Freddie Mac's Extended Timeline Pool Offering (EXPO ® ) and the transaction is expected to settle in December 2026. Freddie Mac, through its advisors, began marketing the transaction on September 16, 2026, to potential bidders active in the NPL market.