FeesSafety
Pluang+

Freddie Mac sells $3.8M in non-performing home loans to Igloo Series VII Trust

Company Fundamentals
28 Oct 2026, 19:39 WIB
GlobeNewsWire
View Source
Neutral
Freddie Mac sells $3.8M in non-performing home loans to Igloo Series VII Trust

Freddie Mac sold 25 deeply delinquent residential first lien loans totaling about $3.8 million to Igloo Series VII Trust through an auction. These loans, serviced by Selene Finance, are part of Freddie Mac's Extended Timeline Pool Offering and are mostly from borrowers already evaluated for loss mitigation or in foreclosure. The sale helps Freddie Mac reduce less-liquid assets while ensuring borrowers receive continued assistance. The transaction is expected to settle in December 2026.

Freddie Mac's sale of $3.8 million in non-performing loans provides context for financial market activity. For readers following the Financials sector, here is Pluang's market snapshot as of Oct 28, 2026 23:02 WIB: out of 142 priced Financials-sector US stocks, 65 rose and 72 fell. Notable movers include ITUB at USD 7.40 with a 1-day change of -3.52%, PURR at USD 9.50 down 3.46%, and SOFI at USD 16.87 up 2.87%.

More News

Global dermatological therapeutics market to reach $97B by 2034, driven by rising skin disorders and advanced treatments.

Global dermatological therapeutics market to reach $97B by 2034, driven by rising skin disorders and advanced treatments.

The global dermatological therapeutics market is projected to grow from about $43 billion in 2025 to $97 billion by 2034, with a compound annual growth rate of around 10%. This growth is fueled by increasing cases of acne, psoriasis, and other chroni...

Bullish
57 minutes ago
TRX options launch on Blockchain.com, boosting global access to TRON's blockchain ecosystem

TRX options launch on Blockchain.com, boosting global access to TRON's blockchain ecosystem

Blockchain.com has launched TRX options trading, providing easier access to TRON's native token through its platform. This move expands the TRON ecosystem's reach by simplifying options trading for retail and institutional users worldwide. TRON, know...

Market News
Bullish
57 minutes ago
Presidio wins top Cisco partner awards for Enterprise and Software & Services in Americas.

Presidio wins top Cisco partner awards for Enterprise and Software & Services in Americas.

Presidio was named Enterprise Partner of the Year and Software and Services Partner of the Year for the Americas at the Cisco Partner Summit 2026. These awards recognize partners who excel in service and innovation, helping customers succeed through ...

Market News
Bullish
1 hour ago
ADT honors first responders and unveils renovated Texas monitoring center with $2M investment

ADT honors first responders and unveils renovated Texas monitoring center with $2M investment

On National First Responders Day, ADT celebrated local first responders and its monitoring professionals by unveiling a renovated monitoring center in Irving, Texas, part of a $2 million investment. The upgraded center features enhanced equipment and...

Market News
Bullish
1 hour ago
Cobalt Boats launches redesigned 2027 265 Coastal Edition luxury outboard runabout.

Cobalt Boats launches redesigned 2027 265 Coastal Edition luxury outboard runabout.

Cobalt Boats unveiled the 2027 265 Coastal Edition, a fully redesigned luxury outboard runabout tailored for coastal boating enthusiasts. Featuring wood-free construction, enhanced comfort, and advanced technology like dual 9-inch displays and option...

Others
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App