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November 2008
In This Issue...
What's New Recent Guide Updates

Originate and Underwrite Loans

Service Loans

Important Reminders

Valuable Tools, Resources and Training

New e-mail box to contact Freddie Mac if a workout closes after a foreclosure sale is reported

For the convenience of our Servicers, we created a new e-mail box for you to be able to immediately inform us if you become aware of an approved and closed workout after you have reported the foreclosure sale results to us. The new e-mail box, Lossmit_Reorollback@freddiemac.com, was announced in the October 20 Single-Family Seller/Servicer Guide Bulletin [PDF 144K].

When using this e-mail box, make sure the subject line of the e-mail notification includes the Freddie Mac loan number, the Servicer name and Servicer loan number. 

Your e-mail must include the following:

  • A statement about whether or not you have received the signed documents and funds. 
  • A breakdown of the costs, if there are any costs associated with rescinding the sale. If there are costs associated with the rescinding the sale, you must identify the entity paying these costs. 
  • The borrower's name and property address. 

There is no need to include a completed Form 105, Multipurpose Loan Servicing Transmittal, with your request since you are providing us with the pertinent information within the body of your e-mail request.

We will respond once we receive your request, and will let you know if additional information is needed.


© 2009 Freddie Mac