Low Activity Fee Changed to No-Activity Fee with Guide Bulletin 2013-12
June 25, 2013
The implementation of the low activity fee announced in Single-Family Seller/Servicer Guide (Guide) Bulletin 2013-8 is being revised to be a "no-activity fee" as outlined in today's Guide Bulletin 2013-12. We value our relationship with you and made this change based on your feedback.
Effective January 1, 2014, only institutions that have not sold to Freddie Mac in the last 36 months and are not currently servicing for Freddie Mac will be assessed the $7,500 fee.
New Seller/Servicers are exempt from the fee until they have been approved by Freddie Mac for three years.
Get More Information
For more information on this updated requirement:
- Review today's Guide Bulletin 2013-12.
- Contact your Freddie Mac representative or 800-FREDDIE.