Ditech and HLP Principal-Reduction Outreach. Ditech Financial and Hope Loan Port collaborated to find distressed homeowners eligible for the Federal Housing Finance Agency’s new principal- reduction modification program. The two parties said HLP’s platform “is designed to integrate HUD-approved non-profit housing counselors seamlessly and securely with Ditech’s mortgage servicing operations, enabling counselors to more easily help homeowners who may qualify for the program.” Freddie’s Third NPL Transaction of 2016. This week Freddie Mac announced a $783 million non-performing loan transaction featuring seven pools, including two extended timeline pools targeting smaller investors. The NPLs are currently serviced by Bayview Loan Servicing, LLC. FHFA Request for Comment. The Federal Housing Finance Agency issued a request for comment this week for a host of technical...