Statement by Bruce Witherell Chief Operating Officer on FHFA Policy Framework Addressing Servicer Affidavit Issues

McLean, VA – October 15, 2010 – (RealEstateRama) — Freddie Mac shares the Federal Housing Finance Agency’s commitment to addressing reported deficiencies in some servicers’ foreclosure practices and has been working closely with our regulator to develop the Policy Framework released today. These principles will further protect borrowers’ rights and help rebuild the integrity of the foreclosure process


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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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