Freddie Mac’s much touted Home Possible program is barely off the drawing board and already the government-sponsored enterprise is making changes. Freddie rolled out Home Possible earlier this year as part of its new commitment to mission-related activities. Aimed at low- and moderate-income borrowers, the program allows borrowers to obtain up to 100 percent financing with a $500 downpayment, if they are below the median income and are approved after an “expanded qualification step.” Borrowers who