NEW EMPLOYMENT INITIATIVE FOR HOMEOWNERS IN HIGH-NEEDS AREAS

摘要

Freddie Mac is partnering with re-employment solutions company NextJob to provide job search assistance to current and aspiring homeowners living in high-needs and other persistent poverty areas. The effort will help homeowners who have Freddie Mac Home Possible mortgages increase their reemployment prospects after circumstances like job loss, reduced hours, or other employment challenges that threaten their ability to make timely mortgage payments. The initiative will also provide assistance to aspiring homeowners in their job search with the goal of increasing their income to a level that will help qualify them for Freddie Mac affordable loan offerings.