Single-Family News Center
You Can Now Originate Certain Loans Without an Appraisal
Get to closing faster. Save money. Our automated collateral evaluation (ACE) can now be applied to both no cash-out refinance and purchase transactions.
New Name, Look and Feel for the Selling System
September 21, 2017 - The Freddie Mac Selling System will be rebranded to Loan Selling Advisor on December 11 - fully integrating it into Freddie Mac Loan Advisor Suite. We're also making other improvements, primarily based on customer feedback.
The GSEs Support Your UCD Transition
September 15, 2017 - Freddie Mac and Fannie Mae (the GSEs) have a new approach to enforcing the UCD delivery requirement.
Guide Bulletin 2017-20 Announces Credit Underwriting, Appraisal and Condo Requirement Changes
September 14, 2017 - Guide Bulletin 2017-20 announces credit underwriting, appraisal and condo requirement changes
Temporary Hurricane Harvey and Irma Requirements in Guide Bulletin 2017-19
September 13, 2017 - In today's Single-Family Seller/Servicer Guide (Guide) Bulletin 2017-19 we're announcing temporary changes and reminders for our Sellers and Servicers.
New Guide Bulletin Updates Loss Mitigation, Security Instruments Storage and Expense Reimbursement Requirements
September 13, 2017 - In Single-Family Seller/Servicer Guide (Guide) Bulletin 2017-18, we're announcing updates to loss mitigation, security instrument storage and expense reimbursement requirements.
Guide Bulletin 2017-17 Announces Enhanced Relief Refinance Requirements
September 08, 2017 - Today's Bulletin announces complete requirements for our new high LTV refinance offering, Freddie Mac Enhanced Relief RefinanceSM.
Temporary Selling Requirements for Properties Impacted by Hurricane Harvey
September 07, 2017 - Guide Bulletin 2017-16 announces temporary selling requirements for properties impacted by Hurricane Harvey.
Are You Ready for the Freddie Mac Flex Modification® on October 1?
September 05, 2017 - Fall is around the corner and you must begin evaluating borrowers for the Flex Modification no later than October 1, 2017. To help you get ready and make your process as smooth and efficient as possible, we've added training.
Guide Bulletin 2017-15: Updates on Investor Reporting Changes and More
August 30, 2017 - Guide Bulletin 2017-15 provides updates on our Investor Reporting Change Initiative, Uniform Instruments requirements and highlights Servicer impacts from Guide Bulletin 2017-10.
Mortgages Secured by Properties in Areas Affected by Hurricane Harvey
August 29, 2017 - If you have mortgages in the delivery pipeline that are secured by properties located in areas impacted by Hurricane Harvey and you are not able to represent and warrant that a mortgage meets our requirements, you should remove that mortgage from a Guarantor pool or Cash commitment.
Servicing Guide Bulletin and Additional Information Regarding Hurricane Harvey
August 29, 2017 - To ensure that borrowers continue to receive the assistance they need, we're announcing a temporary suspension of foreclosures and evictions. Read more for Guide Bulletin details and other important information regarding Hurricane Harvey .
Aligned Disclosures: A Step Closer to Single Security
August 26, 2017 - On August 28, 2017, Freddie Mac will begin using the aligned disclosure standards that will support the future Single Security for single-family securities we issue, including our Participation Certificates (Gold PCs).
Guide Bulletin 2017-13 Announces ACE Expansion to Include Purchases
August 23, 2017 - Guide Bulletin 2017-13 announces an expansion of automated collateral evaluation (ACE) eligibility and updates to the list of mortgages ineligible for ACE.
Automated Collateral Evaluation Now Available for Purchase Transactions
August 18, 2017 - On Sept 1, 2017, our automated collateral evaluation (ACE), an innovative automated alternative to traditional appraisals, will be expanded to include purchase transactions for certain Loan Product Advisor® mortgages.
Updates to Freddie Mac's New High LTV Refinance Offering
August 17, 2017 - FHFA announces updates to our new high LTV refinance offering and the extension of HARP.
September 2017 Selling System Update
August 15, 2017 - We are announcing a new critical edit on the MI Certificate Identifier, effective September 18, 2017, and reminding you about the upcoming Uniform Closing Dataset implementation mandate.
New Loan Product Advisor® Message Updates
August 11, 2017 - We updated Freddie Mac Loan Product Advisor® feedback messages on August 9, 2017.
Revised Rental Income Requirements and Other Updates
August 09, 2017 - We are making changes to our rental income qualification requirements and guidance as announced in Guide Bulletin 2017-12.
New Loan Collateral Advisor® Welcome Page and UCDP® Feedback Messages
August 03, 2017 - We're improving the Loan Collateral Advisor® welcome page by adding graphics that deliver information in a more user-friendly way. We're also updating the proprietary feedback messages you see in the tool and the UCDP®.
Important Browser Update News for Freddie Mac Internet Explorer Users
August 03, 2017 - For Optimal Experience with Loan Advisor Suite®, Upgrade to Internet Explorer® 11
Delayed Effective Date of Updates Related to Single Security
July 27, 2017 - The effective date for the revisions supporting the Single Security initiative, as announced in Guide Bulletin 2017-7, will be moved to August 28, 2017.
Guide Bulletin 2017-11: Lender Gifts and Grants for Home Possible Mortgages and Agency-Provided Funds
July 26, 2017 - With Single-Family Seller/Servicer Guide (Guide) Bulletin 2017-11, our requirements for Home Possible mortgages will now specify that gifts or grants from the Seller as the originating lender will be permitted only after a contribution of at least three percent of value from borrower personal funds or other eligible sources of funds.
Are You Getting the Cash Payups for the Loans You Delivered?
July 21, 2017 - Using the new Selling System® fields for cash specified pools plus the delivery of the IFI determine whether the cash payups will be included in loan funding.
Guide Updates: UCD and Selling Changes that Offer New Opportunities
July 12, 2017 - We are updating the Guide to add the Uniform Closing Dataset requirements. Additionally, Guide Bulletin 2017-10 announces updates to our selling requirements that support new opportunities to expand your business and improve operational efficiencies.
Industry Letter: Lender Down Payment Assistance for Home Possible Mortgages
July 06, 2017 - We issued an Industry Letter today notifying Sellers in advance of updated requirements to the Single-Family Seller/Servicer Guide regarding lender funded down payment assistance.
Important Update: UCD Closing Disclosure (PDF) Relief
July 03, 2017 - There is a six-month relief from embedding the Closing Disclosure (PDF) within the UCD XML file.
ULDD Phase 3 Addendum Updates
June 27, 2017 - The GSEs are providing minor updates to Phase 3 of the Uniform Loan Delivery Dataset (ULDD), including requirements for collecting Home Mortgage Disclosure Act (HMDA) data and announcing the implementation dates for the second release of ULDD Phase 3.
Important Information about Credit Reporting of Tax Liens and Civil Judgments
June 27, 2017 - Beginning July 1, the National Consumer Assistance Plan, established by the nation’s three leading credit reporting agencies, will require reporting changes for medical collections and certain other debts.
Looking to Improve Your "Best Ex" for Cash?
June 26, 2017 - Check out our new payup opportunities for loans you plan to sell for cash. We will pay more for your fixed-rate mortgages that have specific loan attributes, such as loan balances less than $175,000.
Comments on Freddie Mac's Draft Duty to Serve Plan Due by July 10
June 22, 2017 - Freddie Mac's draft Duty to Serve Underserved Markets plan was published by the Federal Housing Finance Agency (FHFA) on May 8, 2017 -- and your feedback is strongly encouraged.
Reminder & Notices
Freddie Mac Updates Fraud Mitigation Best Practices
The Freddie Mac Financial Fraud Investigation Unit (FFIU) has updated and posted online its comprehensive Single-Family mortgage fraud mitigation best practices document.
Historical Guide Snapshots (PDFs)
Check out the historical snapshots of our Single-Family Seller/Servicer Guide, which capture the Guide requirements as of a specific date, in easy-to-use PDF format.
The information found in the Single-Family News Center is not a replacement or substitute for information found in the Single-Family Seller/Servicer Guide and/or the terms of your Master Agreement and/or Master Commitment.