Important selling and servicing requirement changes in June and July

In recent weeks, we issued several Single-Family Seller/Servicer Guide (Guide) Bulletins announcing revisions and updates to our selling and servicing requirements.

• Bulletin 2009-19 incorporated the revised Home Affordable Modification program Trial Period requirements that the U.S. Treasury announced on July 6, 2009. Read a related article about this Bulletin.
• Bulletin 2009-18 highlighted requirements and best practices for sound mortgage underwriting. Read a related article regarding this Bulletin.
• Bulletin 2009-17 introduced requirements for high-priced mortgage loans and revised delivery requirements for rate spreads. Read a related article about this Bulletin.
• Bulletin 2009-16 announced that Freddie Mac will no longer provide note certification and document custodial services. Read a related article about this Bulletin.
• Bulletin 2009-15 provided updates to our Freddie Mac Relief Refinance Mortgage^SM offering and introduced detailed requirements for the new Relief Refinance Mortgage – Open Access option. Read a related article on the Open Access option.
• Bulletin 2009-14 highlighted several Freddie Mac requirement changes and process improvements including the activation of the Net Price functionality for all mortgages sold for cash through the selling system. Read a related article about this Bulletin.