Freddie Mac Expands First Look Initiative for REO Homes

 Freddie Mac said Wednesday that it is expanding its First Look Initiative to allow any home shopper to buy a HomeSteps REO home as their primary residence during the first 15 days of the property’s listing, without competition from investors. The new policy takes effect Friday, September 17.

HomeSteps is the real estate sales unit of Freddie Mac and markets a nationwide selection of Freddie Mac-owned homes.

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