New hope for homeowners hoping to modify the home loans from Freddie Mac
By Joe and Molly Murphy, Put our Team to work for your Family
(Coldwell Banker)
There may be hope for those that have tried for a loan modification without success. Freddie mac has announced that they will have a program for modifying delinquent borrower's mortgages for those that have tried, and failed prior modifications, and also for those that do not qualify for the HAMP program. I have heard of lots of talk of loan modification programs, but I am always hopeful that the idea of permanent loan modification for troubled borrowers could become commonplace. This new modification program is set to begin in January. To find out if you have a Freddie Mac loan to be eligible, check out their loan look up tool, here you can find out if Freddie mac owns your mortgage. https://ww3.freddiemac.com/corporate/ In the hundred plus short sales that I have helped ...
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