Help From Fannie and Freddie for Foreclosed Homes

"HOME buyers are not accustomed to getting much help with their mortgage financing; generally, they’re happy just to get a loan closed. At least one group of borrowers, though, could get a break. Fannie Mae and Freddie Mac, the government-controlled companies that buy mortgages in bulk from lenders, are offering financing incentives for buyers of foreclosed homes that Fannie and Freddie own."