So, you've been reading in some publications and blogs that perhaps very few sales of non-performing loans (NPLs) are occurring. We understand some deals are indeed getting done but the buyers and sellers have purposely not publicized the sales. Also, a handful of large NPL portfolios are now out for bid, one that includes loans that belonged to recently bankrupted subprime lender Accredited Home Lenders of San Diego. For the full story see the Monday, June 22 print edition of National Mortgage News. The story will not be available online. Only in the "paper" edition where several trees were sacrificed, allowing us to go to pressâ¦
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