MCLEAN, Va., Nov. 04, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) today announced it sold via auction 25 deeply delinquent non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio to Revolve Capital LLC. The loans, with a balance of approximately $4.9 million, are currently serviced by Select Portfolio Servicing, Inc. The sale is part of Freddie Mac's Extended Timeline Pool Offering (EXPO®) and the transaction is expected to settle in December 2025. Freddie Mac, through its advisors, began marketing the transaction on September 25, 2025, to potential bidders active in the NPL market.

Given the delinquency status of the loans, the borrowers have likely been evaluated previously for loss mitigation, including modification or other alternatives to foreclosure, or are in foreclosure. Mortgages that were previously modified and subsequently became delinquent comprise approximately 42 percent of the aggregate pool balance. Additionally, purchasers are required to honor the terms of existing loss mitigation agreements and solicit distressed borrowers for additional assistance except in limited cases and ensure all pending loss mitigation actions are completed.

The EXPO pool and bid information is summarized below:

Description

EXPO Pool #1

Unpaid Principal Balance