Freddie Mac Servicing Alignment Initiative Training.
Learn about the Freddie Mac Standard Modification, a new loan modification option that will be available through Freddie Mae Servicers later this fall. Even if your client is not eligible for other modification programs, including the Home Affordable Modification program (HAMP), they may still qualify to have their monthly principal and interest payments reduced by at least 10 percent under the Freddie Mac Standard Modification. Learn about: Borrower eligibility, Mortgage eligibility, Property eligibility, Trial period and permanent modification processes, Implementation processes and dates. If you are a housing counselor who has already participated in, or are planning on attending, a Freddie Mac "Servicing Alignment Initiative" webinar offered over the last two months, please also plan to attend this free, one-hour session. Freddie Mac instructors are offering this new webinar "live" multiple times throughout the month of October. Please register below for only one "Freddie Mac Standard Modification Overview for Housing Counselors" webinar. Training Dates: (all times are eastern)
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