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Multifamily News Center

Your new home for all Freddie Mac news and information.

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• Additional Information on the Property Reporting System Launch
  February 22, 2012 - We're sharing additional information in follow-up to last week’s call with Servicers about the PRS launch. We’ve updated our FAQ and want to remind you of the related webinars scheduled for February 23 and March 1.

• Preparing You for the Launch of a New Assessment System for Portfolio Loans
  February 10, 2012 - We're sharing information and inviting you to upcoming information sessions on our plans to launch a new system for the assessment, inspection and quarterly reporting processes of our Portfolio Loans.

• Replacing Watchlist Risk-Rating with New Methodology
  February 10, 2012 - An explanation of the changes you will see in your watchlist levels beginning February 15.

• Breakage Provisions Changes Effective March 6
  February 09, 2012 - The early rate-lock breakage formula is being implemented for standard delivery applications.

• Frequently Asked Questions and Online Training Webinar Now Available for Insurance Compliance Tool (ICT)
  February 06, 2012 - Seller/Servicers can refer to new Q&A and online training webinar to ensure they are using and complying with the requirements of the ICT.

• John Cannon to Join Freddie Mac Multifamily as Senior Vice President, Production & Sales
  February 03, 2012 - Multifamily Senior Vice President David Brickman has announced that John Cannon will join Freddie Mac Multifamily as Senior Vice President, Production & Sales.

• Clarifying Yield Maintenance Premium Calculations for Assumed Reinvestment Rates of Zero or Negative Numbers
  February 02, 2012 - The Multifamily Multistate Fixed-Rate Notes have been updated with new language explaining the yield maintenance premium calculation.

• Join Freddie Mac Multifamily at the MBA CREF Convention and Expo 2012
  January 26, 2012 - Please join us at one or more of the Freddie Mac events during the Mortgage Bankers Association’s CREF Convention and Expo in Atlanta, GA, February 5-8.

• New Insurance Compliance Tool (ICT) Launches
  January 17, 2012 - The ICT replaces paper-based process for submitting Form 1133 and all insurance waiver/certification forms.

• Introducing the Multifamily Select Sponsors Strategy for 2012
  January 11, 2012 - Seller/Servicers to benefit from streamlined underwriting and prior approval of document modifications from specific sponsors.

• Document Management System Master Listing Mapping Updates
  January 09, 2012 - Changes to the DMS Master Document Listing Mapping to help you submit loan documents electronically.

• Staff and Process Changes to Our Late/Delinquent Reporting Process
  December 30, 2011 - The late/delinquent loan reporting process will now be managed by Loan Accounting. Additional process changes are being implemented for the reporting requirements for delinquent loans.

• Announcing a New Underwriting Role for Specialty Products led by Mike Patterson
  December 20, 2011 - Patterson's background blends 17 years of Freddie Mac experience, securitization expertise, and knowledge of Targeted Affordable, Structured, and Seniors Housing products.

• Effective Date of Fidelity and E&O Insurance Changes
  December 20, 2011 - Receive additional details about effective date of the fidelity and errors & omissions insurance requirements announced in the November Guide Bulletin.

• New Document Management System Mapping Checklists Now Available
  December 20, 2011 - The consolidated checklist is now supported by recent document system updates.

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