On Wednesday, Freddie Mac sold $817 million worth of seasoned loans, which completed its third Seasoned Loan Structured Transaction (SLST) of seasoned re-performing loans (RPL) and moderately delinquent loans serviced by Mr. Cooper. According to a recent report by Freddie Mac, the SLST securitization program auctioned 3,514 seasoned RPLs. In addition, the report notes that the …
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