Bank of America is trying to sell a $10 billion chunk of Freddie Mac mortgage servicing rights, after failing to unload a larger $50 billion package of MSRs, according to industry officials.

Servicing executives familiar with the matter said at least five investors expressed interest in the $50 billion package but the bids were deemed too low. “Now there's a $10 billion piece that they're trying to sell,” one official said.

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