2024 Home Possible RISE Awards®
Freddie Mac is honored to announce the winners of the 2024 Home Possible RISE Awards®. Now in its seventh year, the annual RISE (Recognizing Individuals for Sustained Excellence) award program represents top producers of Freddie Mac's Home Possible® and HFA Advantage® mortgage offerings.
“We are proud to honor these Sellers and their work to tackle affordability challenges head-on and help borrowers achieve sustainable homeownership.” said Danny Gardner, Freddie Mac Single-Family Senior Vice President, Mission and Community Engagement.
The 2024 RISE Award winners represent the top originators who are committed to assisting homeowners in overcoming affordability challenges and making the dream of homeownership a reality for so many.
Freddie Mac purchased over 96,000 Home Possible and HFA Advantage loans in 2023. Of the Home Possible mortgages purchased, 75% supported first-time homebuyers. Freddie Mac has made homeownership possible for more than 850,000 families through $171 billion in Home Possible and HFA Advantage mortgages since 2015.
To be eligible for the RISE Award, organizations must be active Freddie Mac Sellers. Freddie Mac reviewed 2023 data and awarded the top organizations among several categories.
Stay updated on the latest information for the RISE Awards by visiting our webpage.
About Home Possible and HFA Advantage
Home Possible offers qualified very low- to low-income borrowers a low, 3% down payment financing option. Many types of down payment sources are acceptable with Home Possible, including family, employer-assistance programs, secondary financing and sweat equity. To learn more, visit our Home Possible webpage.
HFA Advantage is a conventional mortgage product available exclusively to housing finance agencies (HFAs) seeking strategic solutions to diversify their product offerings and portfolio mix while expanding homeownership responsibly. HFA Advantage supports first-time homebuyers, repeat buyers and borrowers seeking “no cash-out” refinances. To learn more, visit our HFA Advantage webpage.