Advertising Council and NeighborWorks launch foreclosure prevention campaign

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 financial traps. 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.