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Can the Making Home Affordable Program Help Me if My Loan is Not Possessed or Assured by Fannie Mae or Freddie Mac?

April 26, 2017affordable assured Fannie Mae freddie mac help Home loan possessed program

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Can the Making Home Affordable Program Help Me if My Loan is Not Possessed or Assured by Fannie Mae or Freddie Mac?

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Yes. The Program helps homeowners who are labouring to keep their mortgages up to date or who are previously behind on their mortgage settlements. By providing mortgage loan servicers with financial enticements to modify existent first lien mortgages, the Treasury hopes to help homeowners avoid foreclosure regardless of who owns or warranties the mortgage.