Freddie Announces Second NPL Transaction of 2016. Freddie Mac announced a $135 million non-performing loan transaction this week. The NPLs are currently serviced by JP Morgan Chase Bank. Bids are due from qualified bidders on May 25, 2016. The sale is expected to settle in the third quarter of 2016 and the NPLs are offered as one pool. The winning bidder will be determined based on economics, subject to meeting Freddie’s internal reserve levels. Fannie Names Winners of Latest NPL Sale. Fannie Mae’s winning bidder of all four pools in its fifth non-performing loan sale is Goldman Sachs. The sale included approximately 7,900 loans totaling $1.48 billion in unpaid principal balance. The transaction is expected to close June 27, 2016.