New Penn Financial: Minority Woman-Owned Business buys $22.4 Million of Non-Performing Loans from Freddie Mac

MCLEAN, Va., March 29, 2018 (GLOBE NEWSWIRE) - Freddie Mac (OTCQB:FMCC) today announced it sold via auction 113 deeply delinquent non-performing loans (NPLs) serviced by New Penn Financial, LLC d/b/a Shellpoint Mortgage Servicing to VRMTG ACQ, LLC, a minority woman-owned business. The sale is part of Freddie Mac's Extended Timeline Pool Offering (EXPO®) and the [...]