FHFA plans to block certain practices between insurance companies and mortgage lenders that involve forced insurance coverage on homes which carry a Fannie Mae or Freddie Mac insured mortgage. Â In certain cases, insurance companies offer financial incentives to lenders that may result in homeowners being forced into more expensive homeowner's insurance with less costly alternatives ignored. Â If carried out, this change in FHFA policy could result in considerable savings for many homeowners since about half of all home mortgages are insured by Fannie Mae or Freddie Mac.