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Frequently Asked Questions

  • FAQs - Principal Reduction Modification

    Published: Thursday, April 14, 2016

    1. What is the new Principal Reduction Modification program offered by Fannie Mae and Freddie Mac (the Enterprises)?The Enterprises, at the direction of the Federal Housing Finance Agency (F...

  • Final Rule: Federal Home Loan Bank Membership FAQs

    Published: Tuesday, January 12, 2016

    VIEW PRINTABLE FAQS1.  WHAT IS FHFA'S REGULATION ON FEDERAL HOME LOAN BANK MEMBERSHIP? FHFA's regulation on Federal Home Loan Bank (FHLBank) membership implements provisions of the Feder...

  • HARP Phase II Q&A’s

    Published: Monday, October 24, 2011

    Why are you making these changes to HARP now? For some time, FHFA, Fannie Mae and Freddie Mac (the Enterprises), lenders, servicers and private mortgage insurers (MI’s) have been engaged in a...

  • Servicing Alignment Initiative Frequently Asked Questions

    Published: Thursday, April 28, 2011

    Q1. What is the Servicing Alignment Initiative and why is FHFA directing it? The Servicing Alignment Initiative is a FHFA-led effort to establish consistent policies and processes for the ser...

  • Questions and Answers on Conservatorship

    Published: Sunday, September 7, 2008

    ​Q:​What is a conservatorship?​​A:​A conservatorship is the legal process in which a person or entity is appointed to establish control and oversight of a Company to put it in a soun...