Freddie Mac Announces Forbearances For Borrowers With Single Family Homes Affected By Problem Drywall

McLean, VA – June 21, 2010 – (RealEstateRama) — Freddie Mac today announced that servicers may grant forbearances on a case-by-case basis to borrowers with Freddie Mac-owned mortgages secured by single family homes that contain problem drywall. Freddie Mac is one of the nation’s largest investors in residential mortgages.


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Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac raises capital on Wall Street and throughout the world's capital markets to finance mortgages for families across America. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters

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