Making Home Affordable ProgramFreddie Mac Relief Refinance MortgagesSM and the Home Affordable Modification Program
Freddie Mac is pleased to play a key role in sustaining homeownership and supporting the federal Making Home Affordable Program, announced on March 4, 2009.
As a Freddie Mac Seller/Servicer, you play a vital role in implementing this program and assisting borrowers who have Freddie Mac-owned mortgages with:
The Freddie Mac Relief Refinance Mortgage offers two options, which are designed to help borrowers who are making timely mortgage payments but have been unable to refinance due to declining property values and tightening credit terms.
The Home Affordable Modification Program, which offers a strong foreclosure prevention solution by expanding eligibility to borrowers with Freddie Mac-owned mortgages who are delinquent, as well as borrowers who are current but in imminent danger of default.
By helping more borrowers through the Relief Refinance Mortgage and the Home Affordable Loan Modification program, we can work together to be a critical and stabilizing force for the nation’s families and their communities.
Training and Education
Help for America's Homeowners
The President’s plan was created to help millions of homeowners refinance or modify their mortgages to a payment that is affordable, both now and in the future. Find out if you are eligible.