Freddie Mac Loan Modifications An Overview of Modification Programs, Strategies and Results December, 2014 This Material is not for Distribution

Options to Keep Home Options to Exit Home Evaluation Hierarchy Options to Keep Home Home Affordable Refinance Program (HARP) Reinstatement/Repayment/Forbearance Home Affordable Modification Program (HAMP) Freddie Mac Standard Modification Freddie Mac Streamlined Modification Options to Exit Home Freddie Mac Standard Short Sale Freddie Mac Deed-in-Lieu

Eligibility Depends on the Borrower’s Status on Mortgage Payments Helping Borrowers Avoid Foreclosure with a Range of Programs 108 179 63 Eligibility Depends on the Borrower’s Status on Mortgage Payments 192 223 171 Freddie Mac Standard Short Sale Freddie Mac Standard Deed-in-Lieu Current in Payments Keep Your Home Refinance HARP Late in Payments Exit Your Home Repayment Plan Short-term Forbearance Long-term Forbearance Unemployment Forbearance HAMP Modification Freddie Mac Standard Modification Freddie Mac Streamlined Modification 221 238 210

Loan Modification Program Overview Key Features Key Benefits HAMP Lower interest rate/ longer loan term 3-month payment trial Lowers payments to ≤31% of borrower’s gross monthly income Borrower payment incentives Freddie Mac Standard Modification Option for borrowers not HAMP eligible Lowers mortgage payments Freddie Mac Streamlined Modification Option for seriously delinquent borrowers Proactive borrower solicitation Streamlines process No documentation

Mortgage Workout Volume Nearly 915,000 Households Helped Since 2009; Loan Modifications Help More Than Half of All Borrowers Loan mods saved homeowners an average of $5,200 a year – more than $420 per month Number of Loans Annually

Performance of Modified Loans Quarterly Percentages of Modified Single-Family Loans (HAMP and non-HAMP) 1 Percent Current and Performing   Quarter of Loan Modification Completion2 Time Since Modification 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3 to 5 months 81% 86% 85% 87% 84% 6 to 8 months 79% 80% 83% 82% N/A 9 to 11 months 75% 77% 78% 12 to 14 months 71% 73% 76% 15 to 17 months 69% 74% 18 to 20 months 21 to 23 months 67% 70% 24 to 26 months (1) Includes completed HAMP modifications, but does not reflect loans currently in the trial period under that or other modification programs. (2) Includes loans that have paid off.

Promoting Borrower Success with Education and Outreach Borrower outreach with not-for-profit organizations Nationwide telephone help network Help centers: Atlanta; Chicago; Las Vegas; Los Angeles; Phoenix; Washington, DC; San Bernardino, CA; Broward and Miami-Dade counties, FL Take Root Community Stabilization Initiative: Chicago; Milwaukee; Jacksonville; Los Angeles and South FL Foreclosure-prevention workshops CreditSmart® On-line Mortgage Help resource center 2013 HIGHLIGHTS Supported ~300 borrower workshops Expanded Take Root Opened three borrower help centers Launched CreditSmart on-line

Homeowner Resources http://www.freddiemac.com/

For More Information www.FreddieMac.com/mortgage_help/alternatives_to_foreclosure.html