Freddie Mac Opens Two Chicago Homeowner Help Centers

Freddie Mac plans to announce Thursday the opening of two help centers in Chicago for homeowners who are delinquent on mortgages backed by the agency.

The pilot program won’t change what some consider a frustrating, laborious loan modification process, but it does offer consumers “a trusted intermediary who can walk them through [it],” said Dwight Robinson, Freddie Mac’s senior vice president of corporate relations and housing outreach.

Several hundred area borrowers are at least 31 days behind on their Freddie Mac-owned mortgages and possibly eligible for a loan modification.

Read more from the Chicago Tribune

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