We're making our full menu of disaster relief policies available to homeowners whose homes were damaged or destroyed by the powerful storms that swept through South Carolina. Freddie Mac's disaster relief policies are available to borrowers with homes in presidentially declared Major Disaster Areas where federal Individual Assistance programs are being made available to affected individuals and households. A list of these areas can be found at http://www.fema.gov/disasters.
Freddie Mac strongly encourages South Carolinians whose homes or businesses were harmed by Hurricane Joaquin's torrential downpours to call their mortgage servicer (the company to which they send their monthly mortgage payment) as soon as possible. If their mortgage is owned or guaranteed by Freddie Mac they may qualify for our full range of mortgage relief options. These options include forbearance on mortgage payments for up to one year.
Again, borrowers whose home or place of business is in a disaster area, borrowers should immediately contact their mortgage servicer – the company to which they send their monthly mortgage payment.
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