Online mortgage auction is marketing a $0.5 million pool of reperforming residential mortgage loans. The announcement comes after recently reached $100 million in total notes for auction. will be auctioning the mortgage pool starting July 23. Prospective bidders are invited to review the available documents and conduct due diligence on the Web site. The pool is being sold through an online auction set to end Aug. 5.

The pool will be awarded to the highest bidder at the end of the auction’s. This is an online auction with all parties able to monitor the bidding activity in real-time while giving all investors an equal opportunity to participate.

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