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Guide Bulletin 2019-7: Expansion of Asset and Second Home Requirements and Other Updates

April 3, 2019

Single-Family Seller/Servicer Guide (Guide) Bulletin 2019-7 announces requirement updates related to:

  • Home Possible® mortgages.
  • Assets as a basis for repayment of obligations.
  • Second home mortgages.
  • Income documentation requirements.
  • Guide Form 1077, Uniform Underwriting and Transmittal Summary.
  • The Single Security Initiative.

The Bulletin also includes other updates that may be important to your business with Freddie Mac.

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