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Monday, October 24, 2011

Freddie Mac Statement on Federal Housing Finance Agency Announcement of HARP Program Changes

MCLEAN, Va., Oct. 24, 2011 /PRNewswire/ -- The following statement was released today by Charles E. "Ed" Haldeman, Jr., Chief Executive Officer, Freddie Mac (FMCC.OB): "This new phase of the Home Affordable Refinance Program (HARP) will help reach more borrowers with negative equity so they can refinance into new Freddie Mac mortgages at today's historically low-rates. These changes mark another step on the road to recovery for the nation's housing market and underscore Freddie Mac's vital role in mak...continued
 

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