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Freddie Mac Sells Off $1.1 Billion of Delinquent Ocwen-Serviced Loans 

Sep 17, 2015By

Freddie Mac announced Wednesday that it sold via auction 5,208 “deeply delinquent” non-performing loans serviced by Ocwen Loan Servicing, LLC, the mortgage servicing arm of Ocwen Financial Corporation (NYSE: OCN). The transaction is expected to settle in October 2015, and servicing will be transferred post-settlement. The sale is part of Freddie Mac’s Standard Pool Offerings.  […]