The Fannie Mae Flex Modification offers eligible homeowners mortgage payment relief. The terms of the modification are determined by applying a series of steps that are designed to achieve a 20% …

Jul 30, 2025 · What is the Flex Modification program? The Flex Modification program (FMP) is a conventional loan modification program designed to aid homeowners who are experiencing long …

The Freddie Mac Flex Modification® (Flex Modification) offers Servicers an easier, flexible way of helping more borrowers qualify for a loan modification in a changing housing environment.

Dec 10, 2024 · In a loan modification, the bank agrees to alter your mortgage terms, lowering your monthly payment to a more affordable amount. If Fannie Mae or Freddie Mac owns your loan, you …

May 29, 2024 · Flex Modification is the Enterprises’ loan modification offering that provides a home retention solution for eligible borrowers facing a permanent hardship who can no longer afford to …

Mar 21, 2023 · The Flex Modification program is designed to help homeowners who have mortgages that are owned by Fannie Mae or Freddie Mac. The goal of this program is to make mortgage …

Jun 13, 2024 · These modifications aim to make your mortgage more manageable, preventing foreclosure and allowing you to stay in your home. The Federal Housing Finance Agency (FHFA) …

The Flex Modification program is available to homeowners whose mortgages are owned by Fannie Mae or Freddie Mac. Here’s a closer look at how Flex Modifications work and who’s eligible for...

All Freddie Mac Servicers are delegated to approve a Freddie Mac Flex Modification in accordance with the requirements outlined in Single-Family Seller/Servicer Guide (Guide) Chapter 9206.

Oct 18, 2025 · Flex Modification requires the mortgage servicer to reduce the homeowner’s payments on the loan by adjusting the interest rate, adding overdue payments to the remaining loan balance, …