Initiatives

ALT MI

Replaces traditional mortgage insurance with structured alternatives like Seller recourse, credit risk transfer, or delivery fees, reducing borrower costs and optimizing Freddie Mac's risk-sharing and capital usage.

Closed-End Seconds

Freddie Mac purchases fixed-term second liens for equity-rich borrowers with low-rate first mortgages, enabling access to home equity without refinancing the first lien and gathering data to assess risk and scalability.

Construction Lending

A proposed offering where Freddie Mac could purchase or forward-commit construction loans at project start, capped at 80% LTV/TLTV and up to 18 months duration, to expand participation in new housing supply while managing construction-phase risk.

COR90LTV

This initiative considers expanding Cash-Out Refinance eligibility to allow loans up to 90% loan-to-value, enabling Freddie Mac to capture more refinance volume by offering higher LTVs while maintaining prudent risk and capital standards.

GreenCHOICE Rebrand

A cross-functional effort to enhance Freddie Mac's renovation products through targeted policy and process improvements, aiming to reduce friction, improve clarity, and strengthen delivery and oversight.

Home Possible

Focused on refining Home Possible to better serve low- and very-low-income borrowers, this initiative refreshes resources, clarifies policy, and explores ways to reduce origination costs and ensure program integrity.

Flex Optimization

This initiative aims to reduce operational and policy frictions in Loan Quality Advisor Flex loans, improving Seller usability, compliance, and Freddie Mac's competitiveness for DU-approved loan volume.

Manufactured Housing

This program advances policy and outreach to expand Freddie Mac's manufactured housing loan purchases, supporting affordable housing and Duty to Serve goals with higher TLTV and longer-term options.

Shared Appreciation

A concept where Freddie Mac would offer borrowers lower interest rates in exchange for a share of future home-price appreciation, aligning affordability with Freddie Mac's long-term financial performance.