Freddie Mac enhances financial literacy curriculum and loansMortgagePress.comFinancial literacy courses
Freddie Mac has enhanced its CreditSmart multilingual financial
literacy curriculum, by adding new material that focuses on
homeownership preservation, including foreclosure prevention,
planning for emergencies, property maintenance and avoiding
In addition, Freddie Mac has expanded the baseline business
terms of its Freddie Mac Interest-Only Fixed-Rate Mortgage, to make
more interest-only financing available to its customers, and will
allow more yield maintenance flexibility via its Freddie Mac
Treasury Plus Yield Maintenance option.
Based in McLean, Va., Freddie Mac is a government-sponsored
enterprise that purchases mortgages and related securities and then
issues securities and bonds against them. For more information,
call (703) 903-2000 or visit www.freddiemac.com.