Freddie Mac recently announced the "First Look Initiative" program. This program is in conjunction with their HomeSteps program. The advantage to this program is that Freddie Mac allows homebuyers to negotiate to buy a Freddie Mac foreclosure without competition from investors. For the first 15 days of a listing Freddie Mac will only accept offers from buyers who plan on occupying the home. For More information check out: First Look Initiative.
Don't forget the other advantages to buying a Freddie Mac Foreclosure. Under the HomeSteps program you can receive a free 2 year home warranty and 30% discount off appliances. For more information check out: HomeSteps.