Bids are being taken for mortgage-servicing rights on more than a half-billion dollars in government-sponsored enterprise residential loans.

On the market are MSRs on 5,215 Freddie Mac mortgages that have an aggregate unpaid principal balance of $570 million.

Ohio is where properties securing 36 percent of the loans are located. Kentucky is the location of 28 percent, and another 22 percent are in West Virginia.

Source: Mortgage Daily