Number of permanent modifications increases by 45 percent
WASHINGTON, DC – The U.S. Department of the Treasury and the Department of Housing and Urban Development (HUD) today released February data for the Administration’s Home Affordable Modification Program (HAMP). As of the end of the month, more than one million borrowers were receiving a median savings...
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National Flood Insurance
Madison, Wisconsin — The National Flood Insurance Program (NFIP) had its roots in the 1800s as the country recognized the federal government must play a leading role in controlling and responding to floods.
Two previous chronological articles traced the evolution of a National Flood Insurance Program from its origins in a Supreme Court ruling of...
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Homeowner Mortage Help
Freddie Mac is a company that helps fund mortgages. From the start to finish, we ask the same questions:
Do our credit policies and mortgage practices advance responsible lending?
The principles drive our business. They also reflect the public mission in our congressional charter. And together, they have led Freddie Mac to take on a greater...
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