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Old 09-07-2011, 08:56 AM
 
Location: Morehead City, NC
1,676 posts, read 5,354,974 times
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"Freddie Mac disaster relief policies provide a number of ways for mortgage servicers to help affected borrowers in the Major Disaster Areas where federal Individual Assistance programs have been extended.

Freddie Mac, for example, gives servicers the discretion to reduce or suspend mortgage payments for up to 12 months for borrowers with Freddie Mac-owned mortgages that have been affected by a disaster. Each case must be individually assessed to determine what assistance will best fit the homeowner's circumstances."


Complete Info:
Disaster Relief Policies - Freddie Mac
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