Bulletin 2015-1. Jan. 29. Freddie Mac announced its participation in an expanded Home Affordable Modification Program “Pay for Performance” incentive program. The program was developed in conjunction with Fannie Mae at the direction of the Federal Housing Finance Agency. The expanded program will include HAMP’s “Year Six Pay for Performance” incentive, which provides a $5,000 lump-sum payment to help eligible borrowers with first-lien Freddie Mac loans modified under HAMP reduce their principal balance. The HAMP incentive is effective April 1, 2015. Servicing Update. Feb. 9. Freddie introduced a bulk appeal template for late foreclosure sale reporting compensatory fees. Servicers can use this template to submit multiple compensatory fee appeals at a time through Freddie’s Default Fee Appeal System. The system ...