Upside Down Mortgage

Mortgage Relief Obama Plan

Question: How do you know if your mortgage is held or guaranteed by Fannie Mae/Freddie Mac?

With the home owner relief plan Obama announced today, there were inclusions for people who are current on their loan payments and not at risk of foreclosure, but who owe more than 80% of the market value of their home.

These inclusions however only apply to loans which are:
"held or guaranteed by Fannie Mae and Freddie Mac"

http://money.cnn.com/2009/02/18/news/economy/obama_foreclosure/index.htm?postversion=2009021812

So I called my mortgage company to find out if my loan is held or guaranteed by Fannie Mae and Freddie Mac. They told me it is their policy to never disclose investor information and they cannot tell me if it is held or guaranteed by Fannie Mae and Freddie Mac. They offered me no advice.

So, how do people find out if their loans are held or guaranteed by Fannie Mae/Freddie Mac?

Answer: That ridiculous you need to go up the ladder until you get your answer.

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