Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Rhs Leveraged Second

FreddieMac

Updated 10-31-2026

Rhs Leveraged Second

An RHS Leveraged Second is the Section 502 direct leveraged second loan originated by RHS pursuant to Section 502 of the Housing Act of 1949 (42 U.S.C. 1472) and the RHS Second Loan Regulations. The RHS Leveraged Second is not eligible for sale to Freddie Mac.

FreddieMac Glossary

FreddieMac · p. 37

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