Electronic Signatures for Assessment Forms Acceptable Immediately
June 29, 2011
Historically, the Authorized Signatory who certified an Annual Income and Expense Assessment (AIE), Annual Loan Management and Inspection Assessments (ALI ), or A56 Assessment was required to put pen to paper and sign the assessment form. This signed certification then had to be uploaded to the Data Management System (DMS) as part of the assessment submission. As recently discussed during our last MBA Servicing Conference closed correspondent session, we are excited to announce that an Authorized Signatory is no longer required to sign the assessment form, provided they are the person who certifies the assessment in MultiSuite®. This change is effective immediately. Please continue to refer to Chapter 40.2(c) and 40.9(b) in the Freddie Mac Multifamily Seller/Servicer Guide for specific information about Authorized Signatory requirements for different assessment types.
We made this change in response to your feedback and encourage you to continue to provide suggestions on all process improvements. If you have any questions, please contact your primary analyst on the Asset Performance Team or Gina Thompson at Gina_Thompson@FreddieMac.com or at 703-714-2805.