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June 21, 2024: FHFA announces conditional approval of Freddie Mac pilot to purchase second mortgages.

  • Andrew Belcher
  • Jul 13, 2024
  • 1 min read

Just when you thought prices couldn't go any higher, the FHFA has approved a pilot program for Freddie Mac to purchase 2nd mortgages up to $78,277 on primary/owner occupied properties. This means homeowners will be able to tap the equity in their homes more easily, making inflation worse than it already is.


 
 
 

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