Did Feddie Mac become the beneficiary by assignment or some other mechanisim? If so, you cannot read 33-810 in a fish bowl. Look at the definition of "beneficiary":
33-801 Definitions: "Beneficiary" means the person named or otherwise designated in a trust deed as the person for whose benefit a trust deed is given, or the person's successor in interest.
Now, is there a valid assignment. . . . that may be the million dollar question.