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| Doing Business With Freddie Mac |
About Freddie Mac |
Buying and Owning a Home |
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The Federal Housing Finance Agency, as Conservator of Freddie Mac, has appointed 10 directors to Freddie Mac's board, bringing the total number of directors to 11. The company's board is headed by Non-Executive Chairman John A. Koskinen, who was appointed by the Conservator in September 2008.
Freddie Mac, along with Fannie Mae, the Federal Housing Finance Agency, and the HOPE Now Alliance are launching the streamlined loan mod program announced on November 11, 2008. Targeting borrowers who have missed at least three mortgage payments, the program is designed to reduce mortgage rates, extend loan terms, or forbear principle to help more borrowers stay in their homes.