Foreclosure aficionado buys NPLs from Freddie Mac

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Foreclosure aficionado buys NPLs from Freddie Mac

foreclosure
In this photo taken Dec. 7, 2012, Alma Ponce and her family, daughter Ruby, 10, left, son Heriberto Jr., 5, and husband Heriberto, pose for a photo outside their Woodland, Calif., home. Earlier this year, Wells Fargo began foreclosure proceedings on their home, even as the family sought to refinance. As part of a package of new laws to help homeowners, taking effect Jan. 1, lenders will be prohibited from foreclosing while they consider homeowners' request for alternatives. (AP Photo/Rich Pedroncelli) | Rich Pedroncelli/ASSOCIATED PRESS

A special purpose vehicle controlled by a company that recently entered the single-family rental market has acquired a portfolio of deeply delinquent mortgages in Florida from Freddie Mac.

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