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.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ European securitization issuance database
✔ Daily newsletters across markets and asset classes
✔ 1 weekly securitization podcast

Topics

News content RMBS Securitization

RB

Ryan Bolger