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SLM CLASS ACTION ALERT: Robbins LLP Reminds Investors with Large Losses in SLM Corporation to Contact the Firm for Information About Recovering Their Losses
Globenewswire· 2026-01-29 17:59
SAN DIEGO, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who invested in SLM Corporation (NASDAQ: SLM, SLMBP) securities between July 25, 2025 and August 14, 2025. SLM, more commonly known as Sallie Mae, primarily originates and services private education loans (“PELs”) to students and their families. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. What are the allegation ...
Freddie Mac Sells $438 Million in Non-Performing Loans
Globenewswire· 2025-10-21 13:00
Core Insights - Freddie Mac sold 2,201 deeply delinquent non-performing residential first lien loans (NPLs) via auction, totaling approximately $438 million, with settlement expected in December 2025 [1] - The sale is part of Freddie Mac's Standard Pool Offerings (SPO®), which includes geographically diverse mortgage loan pools [2] - Approximately 55% of the loans in the pool had previously been modified and subsequently became delinquent [3] Loan Pool Details - The loans were divided into four pools with the following characteristics: - Pool 1: Unpaid Principal of $229.4 million, 1,202 loans, average months delinquent 20, average loan balance $190.8 thousand - Pool 2: Unpaid Principal of $117.0 million, 602 loans, average months delinquent 19, average loan balance $194.3 thousand - Pool 3: Unpaid Principal of $67.3 million, 293 loans, average months delinquent 31, average loan balance $229.6 thousand - Pool 4: Unpaid Principal of $24.7 million, 104 loans, average months delinquent 19, average loan balance $237.6 thousand [4] Transaction Context - Freddie Mac's seasoned loan offerings aim to reduce less-liquid assets in its mortgage-related investments portfolio, including NPL sales and securitizations of re-performing loans (RPLs) [5] - Since 2011, Freddie Mac has sold $10.7 billion of NPLs and securitized approximately $81.3 billion of RPLs through various programs [5]