A new report indicates that non-performing loans being sold by the government-sponosred enterprises are experiencing better outcomes than before they are sold.

Through the end of last year, Fannie Mae and Freddie Mac have sold 90,291 non-performing mortgages with an aggregate unpaid principal balance of $17.4 billion.

The life-to-date total includes 18,419 non-performing residential loans that were sold just in 2017, down from 44,169 during 2016.


Source: Mortgage Daily