Freddie Mac Relief Refinance Mortgages offer these Borrowers the ability to refinance to improve their financial situation when home values have declined or where there has been limited credit availability in the market. įreddie Mac?s participation in this program demonstrates our commitment, and the commitment of our Seller/Servicers, to assist Borrowers who are current on their Mortgage payments. In support of the federal Making Home Affordable Program announced today, with this Single-Family Seller/Servicer Guide (Guide) Bulletin, we are announcing eligibility and delivery requirements for the Freddie Mac Relief Refinance MortgageSM. Freddie Mac has issued Bulletin number 2009-5.