Freddie Mac Announces 2023 Home Possible RISE Award® Winners for Helping Very Low- to Low-Income Homebuyers
Recognizing Excellence in Affordable Lending
MCLEAN, Va., May 15, 2023 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today announced the winners of its Home Possible RISE Awards®. The annual program, RISE (Recognizing Individuals for Sustained Excellence), salutes top clients across multiple categories for excellence with the Freddie Mac Home Possible® mortgage – the company’s affordable lending solution for very low- to low-income homebuyers.
This year’s winners have demonstrated outstanding commitment to helping individuals and families achieve their dream of homeownership, despite facing financial challenges. Through innovative solutions and dedicated support, these clients have made a significant impact in their communities and beyond.
Celebrating Success and Empowering Communities
Freddie Mac’s Home Possible RISE Awards® highlight the crucial role that affordable lending plays in creating a more inclusive and sustainable housing market. By recognizing and celebrating the achievements of top-performing clients, Freddie Mac aims to inspire others to follow their lead and make a positive difference in the lives of those in need.
These awards serve as a reminder of the power of collaboration and innovation in overcoming barriers to homeownership. Through initiatives like the Home Possible® mortgage, Freddie Mac continues to empower very low- to low-income individuals and families to achieve their homeownership goals, ultimately building stronger, more resilient communities.
How Will This Affect Me?
As a very low- to low-income individual or family, the Home Possible RISE Awards® highlight the availability of affordable lending solutions like the Freddie Mac Home Possible® mortgage. These awards signify a commitment to providing support and resources for those facing financial challenges, making homeownership more attainable and sustainable for individuals in need.
By showcasing successful clients who have utilized the Home Possible® mortgage to achieve their dream of homeownership, Freddie Mac is inspiring others in similar situations to explore the possibilities available to them. This recognition serves as a reminder that with the right support and dedication, homeownership is within reach for those with very low to low incomes.
How Will This Affect the World?
The impact of the Home Possible RISE Awards® extends beyond individual success stories to influence the broader housing market and global community. By promoting affordable lending solutions and recognizing excellence in addressing financial challenges, Freddie Mac is contributing to a more inclusive and sustainable housing ecosystem.
Through initiatives like the Home Possible® mortgage, Freddie Mac is helping to bridge the gap between very low- to low-income individuals and homeownership opportunities. By empowering communities and fostering collaboration, these awards are part of a larger effort to create a more equitable and resilient world where everyone has the opportunity to achieve their dream of homeownership.
Conclusion
The 2023 Home Possible RISE Awards® celebrate the accomplishments of top clients who have demonstrated excellence in affordable lending and supported very low- to low-income homebuyers in achieving their homeownership goals. These awards serve as a testament to the power of innovation, collaboration, and dedication in making homeownership more accessible and sustainable for individuals and families facing financial challenges. Through initiatives like the Home Possible® mortgage, Freddie Mac continues to empower communities and inspire positive change in the housing market and beyond.
