Freddie Mac, a U.S.-based company specializing in mortgage financing, has announced an auction for approximately $290 million in non-performing loans (NPLs). The sale includes three Standard Pool Offerings (SPO®) and one Extended Timeline Pool Offering (EXPO®), designed to attract smaller investors, including non-profit organizations and businesses owned by minorities, women, veterans, and other underrepresented groups (MWDOB). Qualified investors must submit their bids by March 27, 2025, for SPO pools and by April 10, 2025, for the EXPO pool. This initiative is part of Freddie Mac’s strategy to reduce less liquid assets in its investment portfolio.
