New York, January 31 (FinanceEnquiry.com) - Multibillion dollar bets are being placed by Freddie Mac on homeowners struggling with expensive mortgages. The bets being made by the taxpayer-owned mortgage giant started increasing since 2010 when it was making it more difficult for homeowners to wriggle out of the high-interest mortgages. 

Freddie Mac and its cousin Fannie Mae were bailed out by the government in 2008 and are now owned by taxpayers. They play an important part because their rules decide whether homeowners can get loans and on what terms. Freddie