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Making Home Affordable and How to Avoid Foreclosure Rescue Scams

A new video , featuring five Freddie Mac borrower outreach experts, provides tips on accessing the President's plan, contacting mortgage lenders and steering clear of foreclosure rescue scams.

Refinances in First Quarter Reduce Mortgage Payments by $2.5 Billion

According to Freddie Mac's newest quarterly Refinance Report, homeowners who refinanced their mortgages during first quarter 2009 saved about $160 a month on a $200,000 loan, which in aggregate adds up to approximately $2.5 billion in extra spending cash over the coming year.

New Reverse REMIC Program to Provide Additional Liquidity to the Market

Freddie Mac announced a new Reverse REMIC Giant PC security designed to provide an additional dimension of liquidity to the U.S. residential mortgage market and a new investment vehicle for investors.