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Freddie Mac Short Sale

Posted by Vito Lotta on April 20, 2010 at 10:07am in Short Sale Discussions
I was wondering if anyone had the number to Freddie Mac Loss Mitigation department or their Borrower Outreach department. I am working on a Shortsale with Chase and I want to see if I can go above them and find out the status of my file. Something needs to happen soon or Green Tree is going to send the Second to collections. My negotiator at Chase has delayed this whole process from either being out of the office or having a non working phone number for over a month.

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Replies

  • Angela Pitre Reddy June 3, 2011 at 3:09am
    email is Freddie_Mac_Borrower_Help@freddiemac.com and phone number is 800-373-3343
  • Angela Pitre Reddy June 3, 2011 at 3:07am

    NEW Freddie Mac email address: Freddie_Mac_Borrower_Help@freddiemac.com

    and telphone number is 800-373-3343

     

  • Dianne Burnett March 24, 2011 at 6:18am

    try to go HAFA with green tree, its the only way. I called and reported GT to the treasury dept in jan and wow did they straighten up for they are part of the 2mp program, this means the deal you have now must die if the investor is freddie mac. Freddi  Mac does not allow anyone to be approved for hafa that already has an offer on their home, so you must get approved with hafa first with your first and the first Chase will call green tree and your deal will get done. sorry

     

    if Freedie Mac is not the investor you may be alright but must apply for hafa

  • Valerie Black February 14, 2011 at 6:50am
    877.518.8429
  • Vito Lotta August 25, 2010 at 4:11am
    Hi Melissa,

    I ran into the same problem. I was told that Freddie Mac will only allow 3,000 max for a second lien holder. I had my negotiator send in a request to Freddie Mac for an additional 1,900 and it went through. I would suggest having your negotiator try and ask for the extra.

    Melissa Colvard-McKinsey said:
    I've got PNC on the first as the servicer and Freddie Mac's the investor. Chase is the second and they want 10% of the balance ($9000.00) and PNC is only allowing $3000.00. The buyers willing to kick in the difference but PNC is steadfastly refusing. Is there a hope of escalating this or does Freddie Mac stand firm on this rule? Thanks!
  • Melissa Colvard-McKinsey August 24, 2010 at 7:17am
    I've got PNC on the first as the servicer and Freddie Mac's the investor. Chase is the second and they want 10% of the balance ($9000.00) and PNC is only allowing $3000.00. The buyers willing to kick in the difference but PNC is steadfastly refusing. Is there a hope of escalating this or does Freddie Mac stand firm on this rule? Thanks!
  • Paola Martinsen August 20, 2010 at 11:21am
    I would suggest you escalate through Chase if you are just wanting status. I would go to Freddie if you needed auction postponed or needed an approval because they declined the offer.
  • Paola Martinsen August 20, 2010 at 11:20am
    Freddie Mac Borrower Outreach 877.518.8429
    Freddie Mac: 800- FREDDIE press 0 until you get an operator

    email structure: first_last@freddiemac.com
  • Mike Love June 6, 2010 at 7:08pm
    Here is the email address: Borrower_Outreach@FreddieMac.com. I am trying to get the same information. What was the verdict on this file.
  • Keji Ogunleye May 28, 2010 at 9:30am
    Hello Vito,
    Did you get the contact for Freddie mac?
This reply was deleted.
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