Single-Family News Center
2015 is here and so is Loan Coverage Advisor!
Freddie Mac Loan Coverage AdvisorSM is now available to help you track the representation and warranty relief dates for loans you’ve sold to us. Sign up for access today!
No Yard Work Required
January 21, 2015 - There are many advantages that make condos the right choice for certain homebuyers. As you look for ways to grow your purchase market business in 2015, reach out to potential condo buyers – first-time homebuyers, those with limited incomes, or current homeowners looking to downsize.
Selling System Enhancements Coming in February
January 20, 2015 - As a result of feedback from our customers, we are making some changes to the selling system that will be effective February 23, 2015.
The Freddie Mac 1099-C Filing Report Is Available
January 16, 2015 - The Freddie Mac 1099-C filing report is now available in Default Reporting ManagerSM. Please use this report to determine if you need to file Form 1099-C with the Internal Revenue Service and provide the form to the borrower, when necessary.
2015 is here and so is Loan Coverage Advisor!
January 12, 2015 - Freddie Mac Loan Coverage AdvisorSM is now available. This free application calculates and tracks the selling representation and warranty relief status for every loan you’ve sold to Freddie Mac.
New Resources Available For the 2015 Freddie Mac Servicer Success Scorecard
January 08, 2015 - Read about new updates to our website, upcoming training opportunities,
Guide Bulletin 2014-25 Announces MyCity Modification Expansion
December 18, 2014 - Read today's Guide Bulletin and find out about the expansion of the Freddie Mac MyCity Modification to include Cook County, Illinois.
Loan Prospector Aligning with Guide Changes for Home Possible Advantage
December 17, 2014 - We're updating Loan Prospector® on January 26, 2015, to support Freddie Mac Home Possible AdvantageSM, as announced in the Single-Family Seller/Servicer Guide (Guide) Bulletin 2014-22 on December 8, 2014.
Uniform Closing Dataset High-Level Implementation Timeline
December 16, 2014 - Learn the latest news on timeline information and implementation recommendations for implementing the UCD.
Guide Bulletin 2014-24 Announces New Representation and Warranty Tracking Application and Other Requirement Updates
December 15, 2014 - Guide Bulletin 2014-24 introduces Freddie Mac Loan Coverage AdvisorSM and provides information on how Seller/Servicers can obtain access to this new application. The Bulletin also announces other important requirement changes.
Holiday Eviction Suspension
December 09, 2014 - Freddie Mac is temporarily suspending all scheduled eviction lockouts between December 17, 2014 and January 2, 2015.
Guide Bulletin 2014-23 Announces Time-Saving Additions and Revisions
December 08, 2014 - Read today's Guide Bulletin and find out about servicing requirement updates to improve our processes and response times.
Guide Bulletin 2014-22 Introduces New 97 LTV Mortgage Offering
December 08, 2014 - We are introducing Freddie Mac Home Possible AdvantageSM, a responsible mortgage option that offers more flexibility for maximum financing. The offering primarily adopts the affordable flexibilities of Home Possible® mortgages, but with the additional requirements.
Loan Prospector Updated to Reflect 2015 Loan Limits
December 04, 2014 - Loan Prospector® was updated today to reflect the 2015 loan limits.
Updated Guide Bulletin 2014-19 and Scorecard Preview
December 02, 2014 - We reissued Guide Bulletin 2014-19 with corrections to certain Freddie Mac Servicer Success Scorecard calculations and we are reminding Servicers about the upcoming Scorecard preview.
2015 Loan Limits Announced
November 24, 2014 - We are maintaining our base conforming loan limits at the existing 2014 levels through December 31, 2015, and increasing the high-cost areas loan limits in certain counties.
Guide Bulletin 2014-21: Updates to the Selling Representation and Warranty Framework Life-of-Loan Exclusions
November 20, 2014 - We're enhancing the life-of-loan representation and warranties under the selling representation and warranty framework. The enhancements are detailed in Guide Bulletin 2014-21.
Get Ready for the 2015 Purchase Market
November 18, 2014 - It's time to start planning your 2015 business strategies. Purchase money will continue to dominate the housing market, so to help you understand what to expect and where to focus your efforts, hear our Chief Economist Frank Nothaft's projections.
Guide Bulletin 2014-20 Announces Several Servicing Requirement Updates
November 17, 2014 - Read today's Guide Bulletin to learn about servicing requirement changes that make doing business with us easier.
Guide Bulletin 2014-19 Announces Changes to Scorecard and Foreclosure Timelines
November 14, 2014 - Guide Bulletin 2014-19 announces changes for the Freddie Mac Servicer Success Scorecard and Foreclosure Timelines.
Loan Prospector to Align with Recent Guide Requirements
November 13, 2014 - On November 24, 2014, Loan Prospector® will be updated to align with the changes to the requirements for Freddie Mac Home Possible® mortgages announced in Single-Family Seller/Servicer Guide (Guide) Bulletin 2014-18.
Reminder to Notify Freddie Mac of Organizational Changes
October 28, 2014 - Today we published an Industry Letter to remind all our customers about our requirements to notify Freddie Mac if your company is undergoing ownership or organizational changes.
Introducing the New Freddie Mac Default Fee Appeal System
October 27, 2014 - The new Default Fee Appeal System automates the appeals process and provides greater clarity, transparency and communication between Servicers and Freddie Mac for appeals.
Sellers Notified of November 16 UCDP Release
October 21, 2014 - On November 16, 2014, Freddie Mac and Fannie Mae (the GSEs) will make the following updates to the Submission Summary Report (SSR) in the Uniform Collateral Data Portal® (UCDP®).
Servicers Help More Than One Million Borrowers
October 16, 2014 - Together, Freddie Mac and our Servicers supported the nation’s housing market recovery by optimizing borrower outcomes, which means working to find the best possible solutions for struggling homeowners.
Home Possible Enhancements and Other Updates Announced in Guide Bulletin 2014-18
October 15, 2014 - We’re enhancing Home Possible® Mortgages to provide you with greater flexibility to help your borrowers with an affordable lending solution. Review Bulletin 2014-18 for details on the Home Possible enhancements and other revised selling requirements.
Upcoming Loan Prospector Liabilities Enhancements Reminder
October 14, 2014 - On October 19, we are releasing Loan Prospector® liability enhancements that will provide you with greater transparency regarding the Loan Prospector total debt calculation used to determine total debt for the debt-to-income (DTI) ratio.
Building a Better Workout Prospector through Collaboration
October 07, 2014 - We recently launched the new and improved Workout Prospector®. These enhancements could not have been successfully implemented without your help.
Servicing Updates Announced in Guide Bulletin 2014-17
October 01, 2014 - Read today's Guide Bulletin to learn about servicing requirement changes that we made with you and your borrowers in mind.
Returning HVE Messaging to the UCDP
September 24, 2014 - To provide you with feedback regarding the accuracy of an appraised property value, on November 23, 2014, we are reintroducing a subset of HVE® messaging in the UCDP®.
ULDD Addendum Provides Clarity and Alignment
September 23, 2014 - Review the updated ULDD Addendum and determine if updates to your systems or processes are needed.
Reminder & Notices
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.