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Getting Personal

Getting Personal

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About the author

Christopher Farrell is economics editor of Marketplace Money, a nationally syndicated one-hour weekly personal finance show produced by American Public Media.
Leigh Capri's picture
Leigh Capri - Nov 22, 2008

Hello,
I was told I will be laid off from my job at the end of December. I have found that my monthly unemployment benefits will only be about $300 more than my mortgage payment. I met with my lender to see what my options might be for reducing my mortgage payments, and was told my loan had been sold to Freddie Mac. Are you aware of any options to reduce my mortgage payment through Freddie Mac?

Thanks,
Leigh