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Final, Updated July 31, 2013, Freddie Mac Streamlined Modification FAQs General Questions 1. Is Freddie Mac and Fannie Mae aligned on the Streamlined Modification initiative? Yes, under the Servicing

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What is freddie mac streamlined modification?

Freddie Mac Streamlined Modification is a program designed to help homeowners facing financial hardship modify their existing mortgage loans to make them more affordable.

Who is required to file freddie mac streamlined modification?

Homeowners facing financial hardship and struggling to make their mortgage payments may be eligible to apply for Freddie Mac Streamlined Modification.

How to fill out freddie mac streamlined modification?

To fill out Freddie Mac Streamlined Modification, homeowners can contact their loan servicer or visit Freddie Mac's website for more information and instructions on how to apply.

What is the purpose of freddie mac streamlined modification?

The purpose of Freddie Mac Streamlined Modification is to provide homeowners with a more affordable mortgage payment by modifying the terms of their existing loan.

What information must be reported on freddie mac streamlined modification?

Homeowners applying for Freddie Mac Streamlined Modification must report their financial information, including income, expenses, and any other relevant financial details.

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