Single-Family News Center: Sell and Deliver

Information Related to CFPB Final Rule on ATR and Our New Mortgage Eligibility Requirements in Today’s Industry Letter
October 01, 2013 - Review today's Industry Letter supporting your preparation for our upcoming purchase eligibility requirement changes announced in Guide Bulletin 2013-16 as part of our response to the CFPB final rule. Information is focused QC practices, points and fees, and documentation and record retention.

Updates to Condominium Delivery Fee, Relief Refinance Mortgages and Asset Documentation Announced in Bulletin 2013-18
September 24, 2013 - Review Guide Bulletin 2013-18 for selling and servicing updates including the elimination of the California condominium delivery fee, revised requirements for fraud training and reporting, asset documentation and underwriting borrowers on temporary leave. The Bulletin also announces changes to Relief Refinance Mortgage eligibility requirements.

A Message From Dave Lowman, Executive Vice President, Single-Family Business
September 23, 2013 - We won't be satisfied until all of our customers are experiencing a better, more responsive Freddie Mac.

Radian Guaranty, Inc. Announces Agreement with Freddie Mac
August 30, 2013 - Read more about Radian's Master Transaction Agreement with
Freddie Mac.

August 2013 Uniform Collateral Data Portal Release Notification and Uniform Appraisal Dataset Update
August 27, 2013 - We are providing you with the August 2013 Uniform Collateral Data Portal® (UCDP®) Release Notification and Uniform Appraisal Dataset (UAD) Update. This notification announces that the second phase of the conversion of current UAD compliance warning edits to fatal UAD edits in the UCDP will occur in early 2014.

ULDD Phase 2 Preparation Tips, Specification Update, and More
August 22, 2013 - Read about the latest ULDD news, including steps to prepare for a smooth implementation.

Guide Bulletin 2013-16 Provides New Mortgage Eligibility Requirements in Response to CFPB’s Final Rule on ATR
August 20, 2013 - Read about our new mortgage eligibility requirements to help you prepare
for the Consumer Financial Protection Bureau’s final rule. With the changes in Guide Bulletin
2013-16, we are supporting your success in today’s housing market by providing further clarity
of Freddie Mac’s mortgage eligibility criteria.

Freddie Mac Updates Loan-Level Dataset
August 08, 2013 - Freddie Mac updated its Single-Family Loan-Level Dataset today to incorporate two additional quarters of loan originations and loan performance data.

Check out How We're Making a Difference and Moving Housing Forward
August 07, 2013 - We've launched a new microsite, Our Commitment that shows how our work on behalf of homeowners, renters, taxpayers, and the nation is paying off. Check out how our collective efforts are making a difference and moving housing forward.

GSEs Developing Standardized Dataset to Support CFPB’s Closing Disclosure Form
July 30, 2013 - The Uniform Closing Dataset is a continuation of ongoing UMDP efforts to standardize the way loan data is defined, captured and delivered.

Freddie Mac Sells Off Residential Mortgage Credit Risk
July 24, 2013 - In an effort to bring more private capital to the mortgage securities market and reduce taxpayer risk, today we announced our new credit risk transfer initiative, Structured Agency Credit Risk (STACR).

Updates to Relief Refinance Mortgage Cash Adjustor and Condominium Requirements Announced in Bulletin 2013-13
July 18, 2013 - We are updating the cash adjustor value and applicability for Relief Refinance Mortgages and changing the way you can obtain the cash adjustor value with Guide Bulletin 2013-13. Also review today's Bulletin for other requirement changes on borrower evaluation and condominium project reviews.

Freddie Mac Announces New Customer Service Level Standards
July 11, 2013 - These Standards provide a way to measure our performance and help identify ways to improve our customers' experience.

Recapture of Cash Premiums for Early Payoffs to Begin with September Invoice
July 09, 2013 - Beginning with August 2013 payoffs, we will begin recapturing premiums for mortgages with early payoffs, a provision announced in Guide Bulletin 2012-11.

Industry Letter Provides Additional Information on Our New Eligibility Criteria
July 02, 2013 - Today’s Industry Letter provides additional information related to possible future Freddie Mac changes in support of the Ability-to-Repay/Qualified Mortgage final rule.

Freddie Mac Continues to Support ULDD Phase 2 Implementation on August 25, 2014
June 27, 2013 - Lenders and vendors should continue to prepare for the Phase 2 ULDD mandate; Freddie Mac is not making changes to the Phase 2 timeline.

Low Activity Fee Changed to No-Activity Fee with Guide Bulletin 2013-12
June 25, 2013 - Based on your feedback, the implementation of the low activity fee introduced in an earlier Guide Bulletin is being revised to be a “no-activity fee.”

Loan Quality Advisor Availability Announced in Guide Bulletin 2013-11
June 24, 2013 - Today’s Guide Bulletin announces the availability of Loan Quality Advisor^SM and updates and revisions to our requirements to help support the use of this tool.

Important Reminder for Doing Business in Areas Affected by Tornadoes and Severe Storms
May 21, 2013 - When unforeseen circumstances cause unexpected borrower hardship, Freddie Mac policies allow you to proactively offer temporary relief to borrowers who are trying to honor their mortgage obligations in good faith.

Preparing for the Phase 2 ULDD
May 20, 2013 - Learn about the first steps to prepare for the Phase 2 ULDD; access helpful tools, including a month-by-month calendar to help you get ready.