Relief from Freddie Mac!

With Bulletin 2010-17 Freddie Mac required Servicers to consider unemployed Borrowers for the forbearance relief options described in Guide Chapter A65, Reinstatements and Relief Options. With this Bulletin Freddie Mac is introducing new forbearance requirements to provide a “short-term unemployment forbearance” relief option to assist Borrowers who are unable to make their Mortgage payment due to unemployment