Bulk of Fannie, Freddie Delinquent Loan Purchases Out of Pools Now Complete
August 13, 2010
Fannie Mae and Freddie Mac have now done most of the heavy lifting when it comes to purchasing delinquent mortgage loans out of their MBS pools, with Fannie being particularly active during the second quarter of the year. “The company purchased approximately 858,000 delinquent loans with an unpaid principal balance of..."