Foreclosure aficionado buys NPLs from Freddie Mac

Ryan Bolger

June 12, 2015 10:45 PM

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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Ryan Bolger