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Freddie Mac Expands Efforts to Help People Facing Foreclosure Save Their Homes : When Foreclosure strikes

Freddie Mac Expands Efforts to Help People Facing Foreclosure Save Their Homes

Posted on October 31, 2009
Filed Under Real Estate Foreclosures |

Freddie Mac is the government controlled mortgage giant which along with Fannie Mae has purchased most of the mortgages in this country. They currently have 340,000 loans where the borrowers have missed payments and are facing foreclosure. While Freddie Mac owns these loans, they are being serviced by other mortgage companies such as Wells Fargo, CitiMortgage, J P Morgan Chase and U S Bank.

Source:Freddie Mac Expands Efforts to Help People Facing Foreclosure Save Their Homes

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