With the recent announcement of the “Obama loan modification” plan that may be able to help many people who are looking for an Arizona loan modification – one of the first questions people often ask me is “how do I know if my loan is owned by Fannie Mae or Freddie Mac”?
Now there is an easy way to tell.
Here are two links where you can find out if your loan is owned by Fannie Mae or Freddie Mac. Remember – often times, you make your payment to a servicing company – and the underlying investor is someone else. This means that it is entirely possible for you to make your payment to <fill in the bank name here such as Wells Fargo, IndyMac, etc.> but your loan is actually owned by Fannie Mae or Freddie Mac.