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To qualify for the Obama modification program not the refi,does your loan has to be with Freddie Mae

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March 05 2009 - US
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Profile picture for lostinca
BTW thanks for answering my question right away!
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March 05 2009
Profile picture for lostinca
ok cause today when i called countrywide the stupid rep i spoke with sai we probably wouldn't qualify for the program because our loan was not with fannie mae or freddie mac and i told her that for the MODIFICATION program it said no where on the guidelines about having to have your loan with one of those two!so then she tell me"oow well we still don't have the guidelines" when the hell are they gonna have the guidelines?i hope this isn't like the Hope for Homeowners no one ever really knew how it worked!
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March 05 2009
Profile picture for Mortgage Broker
No, it doesn't.

However, you must be eligible for Modification.

www.financialstability.gov
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March 05 2009
 

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