Community Lender News Room
Freddie Mac regularly publishes useful articles relevant to our community lenders. Choose from the growing archive of articles about updates on the support, liquidity, and mortgage products you need to help you grow your business.
- An Incremental Approach to Technology Innovation
December 7, 2018 – The changes that technology brings to the mortgage industry can be overwhelming. Fast-moving innovations and automation of manual processes imply a need to make big adjustments. But not everything has to be a heavy lift; there are incremental changes you can make now that will make a big difference to your business today.
- Suspicious Patterns Reveal Fictitious Employers
November 8, 2018 – The investigators in our Fraud Investigation Unit (FIU) have been looking into fraud involving fictitious employers. We identified suspicious patterns and spotted dubious similarities across loans, and revealed lenders falsifying employment records for multiple borrowers.
- In Case You Missed it – FreddieMacCONNECT
October 11, 2018 – Our 3rd annual FreddieMacCONNECT was our biggest conference yet, with a record number of attendees packing our sessions, keynotes, and special events. It was about working together to get to the next level of expanding homeownership − and reimagining the mortgage experience. In this article, we’re sharing conference highlights.
- ACE for to Condominiums − No Appraisal Required
August 15, 2018 – With rising home prices and interest rates, coupled with low inventory, finding housing can be a challenge. Condominium units can be an option, and now Freddie Mac’s automated collateral evaluation (ACE) makes it easier for you to help borrowers purchase condos and refinance them quicker – without an appraisal.
- Simplify Servicing Transfer with FASTSM
July 10, 2018 – Meeting the demands of multiple Servicers' unique requirements can be the hardest part of servicing transfer. And, it can limit Sellers from getting competitive bids. We’re making this process easier through Freddie Automated Servicing TransferSM(FASTSM).
- Who is the Borrower of the FutureSM?
June 7, 2018 – Current and emerging demographic and generational trends are reshaping how Americans think of the future, including homeownership. How will the next wave of homebuyers affect you? Through the Borrower of the FutureSM, we’re looking at the behaviors and attitudes that are disrupting the housing industry.
- ACE Shows Its Value with HousingWire Award
May 10, 2018 – HousingWire has named Freddie Mac’s automated collateral evaluation (ACE) capability as one of its TECH100TM award winners. Learn how ACE can save you money and time by underwriting loans without a traditional appraisal.
- Turn Self-Employed Borrowers into Homeowners
April 5, 2018 – Now there's a way to simplify the income validation process for self-employed borrowers – those nontraditional income earners, like contractors, freelancers and on-demand workers – who make up much more of the U.S. workforce today than even a decade ago.
- Sell Your Servicing Through Servicing-Released XChangeSM
March 8, 2018 – Servicing-Released XChangeTM is our refreshed and rebranded suite of servicing-released executions that enable you to sell mortgage servicing rights. And – coming soon – a standardized way to simplify how you transfer servicing rights and documents to any servicing buyer you want to work with.
- Payup Offerings Expanded to Help Maximize Your Return
February 8, 2018 – Looking to improve your "best ex" for cash and maximize your return for loans with low balances? We'll pay up for your fixed-rate mortgages, whether you're originating regular loans with low loan balances or loans that meet your Community Reinvestment Act obligations.
- Duty to Serve: Tackling Today’s Housing Challenges
January 11, 2018 – We’re facing a housing affordability crisis today that affects around 40 million households, and that number is expected to grow. One of the ways Freddie Mac is addressing the affordability issue in 2018 and beyond is through Duty to Serve.
- 2017: The Year in Review
December 7, 2017 – This was the housing market’s best year in a decade. Home construction and sales got off to a good start, but strong demand, low mortgage rates and a lack of for-sale inventory contributed to rising home prices. At Freddie Mac, we marked milestones and made a few updates to ongoing initiatives that impact how you do business with us.
- Fraud and QC: Trends, Pitfalls and Best Practices
November 9, 2017 – As the mortgage industry shifts away from a refinance market back to a purchase market, see what the Freddie Mac experts have to say about fraud trends, red flags to watch for, best practices to apply, and more.
- ACE: A Free Appraisal Alternative for a Faster Close
October 5, 2017 – Automated Collateral Evaluation (ACE) is a free capability in Freddie Mac Loan Advisor Suite® that provides an automated alternative to a traditional appraisal for certain mortgages. You and your borrowers can get to closing faster and − since there’s no appraisal fee − reap substantial savings.
- The Uniform Closing Dataset (UCD) is Here
October 5, 2017 – The Uniform Closing Dataset (UCD) is here, and you’re now required to submit a UCD XML file for all loans delivered to Freddie Mac with a note date on or after September 25, 2017. Read this article for a few key things to remember, and a helpful tip from our Customer Contact Support Center (800-FREDDIE).
- Dave Lowman on Reimagining the Mortgage Experience
September 7, 2017 – How is Freddie Mac simplifying the mortgage experience? How are we helping you reach more borrowers? Dave Lowman, Freddie Mac's executive vice president, Single-Family Business, answers these and other questions.
- Energy Efficiency Makes Sense – and Cents
August 10, 2017 – Many consumers may think making energy-efficient improvements is beyond their reach due to up-front costs. But you can assist financing through a safe and affordable mortgage solution that delivers the benefits that offset those costs.
- Top 3 Strategies for Winning More Business
July 13, 2017 – Rising interest rates, fewer refinances, tight housing inventory – these and other factors may have mortgage consultants feeling as though they're being dealt a losing hand. We recommend three simple strategies to help win in any housing environment.
- Industry Insights: Expanding Homeownership to the Millennial Market
June 22, 2017 – In the fourth and final installment of our four-part series on expanding homeownership to minority populations in the U.S., we look at the obstacles and opportunities facing Millennials (ages 18-34), and what you can do to expand homeownership to them.
- Industry Insights: Expanding Homeownership to the Asian-American Market
May 30, 2017 – In the third installment of our four-part series on expanding homeownership to minority populations in the U.S., we look at the obstacles facing the Asian-American market, and what you can do to expand homeownership to this demographic.
- Industry Insights: Expanding Homeownership to the African-American Market
April 27, 2017 – In the second installment of our four-part series on expanding homeownership to minority populations in the U.S., we look at the obstacles facing the African-American market, and what you can do to expand homeownership to this demographic.
- Industry Insights: Expanding Homeownership to the Hispanic Market
March 28, 2017 – In this first of a four-part series on expanding homeownership to minority populations in the U.S., we look at what you can do to promote homeownership to the burgeoning Hispanic market, as this key demographic continues to grow.
- Industry Insights: Five Challenges for Downsizers
February 23, 2017 – While many downsizing homeowners have sufficient home equity to pay cash for a new home, 55+ owners still present significant opportunity. Learn about five challenges downsizers face, and how you can help.
- Q&A with Phil Guth, Freddie Mac Vice President of Single-Family Business Development
January 31, 2017 – See how Phil and the Community Lender Support Team will continue to strengthen outreach and support for our valued community lenders in 2017 – and beyond.
- Industry Insight: Homebuying with Student Debt: Myths and Facts
December 29, 2016 – By gaining insight into the impact of student loan debt on both underwriters and potential mortgage borrowers, you have an opportunity to position yourself as a go-to advisor for the growing number of prospective homebuyers dealing with student loan debt.
- Industry Insights: Borrower Help Centers, Your Source for Clients Ready to Buy...or Not
November 29, 2016 – Business-savvy lenders and real estate professionals are teaming up with Borrower Help Centers to grow the ranks of mortgage-ready homebuyers by providing educational and other resources to help them prepare for homeownership.
- Industry Insights: Four Ways to Capture Mortgage Business through Pre-Qualifications
October 27, 2016 – Many borrowers first establish a relationship with their lender through a pre-qualification tool or process. Learn four ways you can identify and leverage pre-qualifications to grow business – and help borrowers realize their dream of homeownership.
- Get Closing Confidence with Loan Closing Advisor®
September 29, 2016 – Loan Advisor Suite®'s Loan Closing Advisor is the Uniform Closing Dataset (UCD) collection solution that will give you loan closing confidence – and so much more. Learn how to prepare to check whether your closing data aligns with the UCD using Loan Closing Advisor’s test environment.
- Industry Insights: Prepping for a Sustainable Market in Affordable Lending
September 29, 2016 – Do you sometimes feel at a disadvantage compared to larger mortgage originators when it comes to the reemerging affordable market? You may actually be at a competitive advantage. Read why this is an opportune time to be part of an "affordable ecosystem".
- 5 Great Reasons to Attend FreddieMacCONNECT – Customer Summit
July 26, 2016 – The inaugural FreddieMacCONNECT – Customer Summit is coming in September to Washington, D.C.'s National Harbor. Join your fellow Freddie Mac Seller/Servicers, industry leaders and prominent speakers and discover ways to maintain your competitiveness in an ever-changing housing market.
- Freddie Mac Loan Advisor Suite® is Live!
July 26, 2016 – Loan Advisor Suite®, our smart, end-to-end technology solution is now live! Now you can get even greater efficiency, reliability, usability and certainty throughout the entire loan production process. Find out why Loan Advisor Suite is a brighter idea in loan production.
- Affordable Lending for a Changing Market
June 23, 2016 – Recent research by Freddie Mac shows that Baby Boomers believe the American Dream of owning a home is working. But for many other qualified borrowers, homeownership continues to be elusive. You can reach these potential customers – including Millennials, minorities and underserved markets – with affordable products from Freddie Mac.
- Survey of Age 55+ Homeowners Signals Increasingly Competitive Housing Market
June 23, 2016 – We recently commissioned our first survey of homeowners age 55 and over, exploring Baby Boomers' attitudes toward their current and future housing situation, and how their attitudes impact other potential buyers. Learn why this generation is an important demographic to watch.
- Are You Ready for the Next-Generation Automated Underwriting System?
May 25, 2016 – Loan Product Advisor® – the evolution of Loan Prospector® and the cornerstone of our new Loan Advisor Suite® – is coming this summer. In addition to a complete redesign, this next-generation automated underwriting system will feature new functionalities that will make it easier for you to do business with Freddie Mac.
- Home Possible®: More Opportunity for Greater Affordability
May 25, 2016 – Freddie Mac Home Possible® mortgages offer flexible credit terms and low down payment options. Applicable to both Home Possible and Home Possible Advantage® mortgages is a new postsettlement credit fee in price cap structure that helps extend greater affordability to qualified borrowers..
- 2016 Housing Outlook – Best Year in a Decade
April 28, 2016 – Our Economic Outlook and a recent survey shed light on the factors that are shaping 2016 to be the best year for housing in a decade, with home sales, construction starts and housing prices predicted to reach peak levels.
- Connecting You with Real Estate Professionals
April 28, 2016 – Real Estate Professionals can be a vital referral source for you as an advisor with insight into their communities. Learn about how our new Real Estate Professionals Resource Center is facilitating connections between you and the real estate professionals in your community.
- Electronic Loan Documents Help You Stay Competitive
March 24, 2016 – Are you using electronic loan documents in your loan manufacturing process? If not, you’re missing an opportunity to be more competitive. Learn about your options for integrating electronic loan documents into your mortgage business.
- Cash Servicing-Released: Fast Funding, Increased Liquidity
March 24, 2016 – Freddie Mac's cash servicing-released execution enables you to maximize the value of your servicing asset — and have more cash on hand. If you’re not familiar with selling loans to us for cash servicing-released, you can optimize the all-in value you receive for your fixed-rate mortgages.
- Freddie Mac's Kathleen Caswell to Chair Massachusetts MBA
January 21, 2016 – Freddie Mac Account Executive Kathleen Caswell is the new Chair of the Massachusetts MBA. Learn about her vision to provide continued support to our community lenders through this exciting new role.
- New Credit Fee in Price Cap and Changes to Credit Fee in Price Rates for Home Possible® Mortgages
December 10, 2015 – In the December 9, 2015 Single-Family Seller/Servicer Guide (Guide) Bulletin 2015-21, we announced a new credit fee in price cap structure for certain Home Possible mortgages and updates to the credit fee in price rates.
- Know How to Spot Mortgage Fraud
December 10, 2015 – Private and government analysts estimate mortgage fraud costs the industry and borrowers tens of billions of dollars a year. You can help stop fraud by watching out for tell-tale signs.
- Loan Advisor Suite®: Smart. Simple. Trusted.SM
November 4, 2015 – Loan Advisor Suite is the new end-to-end technology solution from Freddie Mac that will lower the cost for producing and selling high quality loans and eventually enable us to provide you with insight into your eligibility for rep and warranty relief earlier in the loan production process.
- Maximize Your Portfolio Options
October 6, 2015 – Selling seasoned loans to Freddie Mac in a negotiated bulk sales transaction can help you address the challenges of rising interest rates and changing market conditions. We'll buy portfolios with many of the mortgage products that you originate, including loans made to borrowers with low and very low incomes, while helping to analyze your mortgage portfolio.
- The "New" Community Lender Resource Center is Your One-Stop Information Hub
September 9, 2015 – We've redesigned the popular Community Lender Resource Center to make it easier for you to get a wide range of information on products, online tools, useful articles and many other resources that can help you be more competitive.
- Increase Liquid Assets and Fund More Mortgages with Cash Servicing-Released Execution
August 5, 2015 – Learn the latest about our cash servicing-released execution, including the addition of PNC Bank as a Servicer, our imaged document delivery option, upcoming training and helpful delivery tips.
- Expand Homeownership Opportunities
May 28, 2015 – Freddie Mac Home Possible® Mortgages provide responsible financing options for qualified low- and moderate-income borrowers needing low down payments and flexible sources of funds.
- Provide Your Borrowers a Flexible Secondary Financing Option
May 28, 2015 – For many of your borrowers – including first-time home buyers, low- to moderate-income borrowers and families in underserved markets – buying a home may not be possible without secondary financing.
- Top 5 Resources to Keep You in the Know
April 8, 2015 – Top 5 resources make it easier for you to do business with us and keep you in the know about Freddie Mac.
- Help Borrowers Make an Informed Choice
February 12, 2015 – To help your borrowers make an informed choice, it’s important you understand how an FHA mortgage compares with Home Possible AdvantageSM.
- An Update on Community Lenders and Housing Finance Reform
December 10, 2014 – Looking Ahead: Community Lenders and Housing Finance Reform.
- Freddie Mac's Customer Contact Center Shares Tips on Password Resets
November 12, 2014 – This month, we sat down with Jeanmarie Puglisi, director of our Customer Contact Center (800-FREDDIE), to learn about her team and tips for successfully managing your password resets.
- Quality Control Information Manager – Make It One of Your Greatest Business Assets
October 9, 2014 – It's often said that the right people are an organization’s greatest asset. Likewise, the right tools can make a significant difference in how quickly and efficiently you operate.
- Help Your Buyers Get CreditSmart
September 8, 2014 – Owning a home is a dream most Americans strive for. A home of our own gives us security, stability, and a strong sense of community.
- It's Back-to-School Time
September 8, 2014 – Now is a great time to "hit the books" in our Freddie Mac Learning Center – our source for all your Single-Family business training and learning needs.
- Workout Prospector Redesigned to be More Intuitive and Easier to Use
August 6, 2014 – A complete revamp of Workout Prospector® will launch on August 25, 2014. Here are a few enhancements you'll notice immediately.
- Capture More Business in Rural Areas with Easier to Follow Requirements
August 6, 2014 – If you're looking for ways to tap into more business, consider opportunities in residential properties in rural market areas, a traditionally underserved sector of the market.
- Mortgage Fraud – Don’t Forget about the Classics
July 9, 2014 – When it comes to mortgage fraud, what's old often becomes new again and the "classic" instruments used to perpetrate origination fraud are back.
- Government & Industry Relations Update
June 9, 2014 – Community lenders were able to express a sigh of relief in mid-May when the director of the Federal Housing Finance Agency (FHFA) announced his 2014 scorecard for Freddie Mac and Fannie Mae.
- Build Your Purchase Market
May 6, 2014 – Energize your purchase market in 2014 with Freddie Mac's comprehensive support and smart solutions.
- Government & Industry Relations Update
May 6, 2014 – The expected Senate Banking Committee consideration of the Johnson-Crapo bill to reform the nation's housing finance system hit a roadblock in late April when the sponsors postponed its markup.
- Help Bridge the Down Payment Gap
May 6, 2014 – Bridge the affordability gap by connecting borrowers with resources that they may not have otherwise known existed.
- Freddie Mac Launches New Housing Blog
April 7, 2014 – To help keep you up-to-date on the most recent and relevant housing industry news, Freddie Mac has launched the Freddie Mac Blog.
- Use Loan Quality Advisor for Greater Purchase Certainty
April 7, 2014 – We introduced Loan Quality AdvisorSM (LQA) last year to give you an automated way to identify credit, data, and purchase eligibility issues before you sell a loan to Freddie Mac.
- New, Online Password Reset Capability Makes It Easier to Do Business with Freddie Mac
February 28, 2014 – We've developed a new, online password reset capability for your Freddie Mac business applications that require a user ID and password.
- Strengthen Your Market Potential with Home Possible Mortgages
February 28, 2014 – With the spring homebuying season approaching, low mortgage rates and rising home values should create a favorable purchase market environment.
- Government & Industry Relations Update
January 31, 2014 – Always an important segment of Freddie Mac's share of loan purchases, smaller lenders today are applying to be Freddie Mac Sellers in record numbers and cumulatively comprising a larger percentage of GSE purchases.