Freddie Mac Video Shows Borrowers How To Reduce Repeat Calls
Sign UpThis is a 5 minute preview of a 2 minute video
Install Web Player Beta to watch the full video in your browser or download it to your PCYou're watching a full 2 minute video using the Veoh Web Player
To download the original quality video, select the Download Options link below- By:
- MDLK
- Description
- Freddie Mac posted a new video on YouTube.com that shows late-paying borrowers how gathering a few financial documents before calling a mortgage servicer can cut the time needed to determine their eligibility and process their application for a loan modification under President Obama's Making Home Affordable program (www.MakingHomeAffordable.gov) or Freddie Mac's other workout initiatives (FreddieMac.com/avoidforeclosure). The new Freddie Mac video, "Stop Foreclosure: Documents Your Lender Needs to Help You," can also be seen on Freddie Mac's YouTube page (http://www.youtube.com/FreddieMacWeb). It shows step-by-step which documents borrowers should have on hand when they call their servicer. Key documents: * Most recent mortgage statement * Pay stubs/other documents showing household's monthly pre-tax income * Most recent tax return * Second loan/home equity line of credit statements * Balances and minimum monthly payments on credit cards, loans or other debt. * Short, concise description of the ...
- Language:
- English
Would you like to comment?
Sign Up Now for a free account or Log In.