Single-Family News Center: Sell and Deliver
Master Today. Reimagine Tomorrow.
Our second annual FreddieMacCONNECT builds on last year’s conference to give our customers richer training, inspiring speakers and more opportunities to make connections that matter.
Automated Collateral Evaluation Expanding to Purchase Transactions
August 18, 2017 - On Sept 1, 2017, our automated collateral evaluation (ACE), an innovative automated alternative to traditional appraisals, will be expanded to include purchase transactions for certain Loan Product Advisor® mortgages.
Updates to Freddie Mac's New High LTV Refinance Offering
August 17, 2017 - FHFA announces updates to our new high LTV refinance offering and the extension of HARP.
September 2017 Selling System Update
August 15, 2017 - We are announcing a new critical edit on the MI Certificate Identifier, effective September 18, 2017, and reminding you about the upcoming Uniform Closing Dataset implementation mandate.
Revised Rental Income Requirements and Other Updates
August 09, 2017 - We are making changes to our rental income qualification requirements and guidance as announced in Guide Bulletin 2017-12.
Delayed Effective Date of Updates Related to Single Security
July 27, 2017 - The effective date for the revisions supporting the Single Security initiative, as announced in Guide Bulletin 2017-7, will be moved to August 28, 2017.
Guide Bulletin 2017-11: Lender Gifts and Grants for Home Possible Mortgages and Agency-Provided Funds
July 26, 2017 - With Single-Family Seller/Servicer Guide (Guide) Bulletin 2017-11, our requirements for Home Possible mortgages will now specify that gifts or grants from the Seller as the originating lender will be permitted only after a contribution of at least three percent of value from borrower personal funds or other eligible sources of funds.
Are You Getting the Cash Payups for the Loans You Delivered?
July 21, 2017 - Using the new Selling System® fields for cash specified pools plus the delivery of the IFI determine whether the cash payups will be included in loan funding.
Guide Updates: UCD and Selling Changes that Offer New Opportunities
July 12, 2017 - We are updating the Guide to add the Uniform Closing Dataset requirements. Additionally, Guide Bulletin 2017-10 announces updates to our selling requirements that support new opportunities to expand your business and improve operational efficiencies.
Industry Letter: Lender Down Payment Assistance for Home Possible Mortgages
July 06, 2017 - We issued an Industry Letter today notifying Sellers in advance of updated requirements to the Single-Family Seller/Servicer Guide regarding lender funded down payment assistance.
Important Update: UCD Closing Disclosure (PDF) Relief
July 03, 2017 - There is a six-month relief from embedding the Closing Disclosure (PDF) within the UCD XML file.
ULDD Phase 3 Addendum Updates
June 27, 2017 - The GSEs are providing minor updates to Phase 3 of the Uniform Loan Delivery Dataset (ULDD), including requirements for collecting Home Mortgage Disclosure Act (HMDA) data and announcing the implementation dates for the second release of ULDD Phase 3.
Important Information about Credit Reporting of Tax Liens and Civil Judgments
June 27, 2017 - Beginning July 1, the National Consumer Assistance Plan, established by the nation’s three leading credit reporting agencies, will require reporting changes for medical collections and certain other debts.
Looking to Improve Your "Best Ex" for Cash?
June 26, 2017 - Check out our new payup opportunities for loans you plan to sell for cash. We will pay more for your fixed-rate mortgages that have specific loan attributes, such as loan balances less than $175,000.
Comments on Freddie Mac's Draft Duty to Serve Plan Due by July 10
June 22, 2017 - Freddie Mac's draft Duty to Serve Underserved Markets plan was published by the Federal Housing Finance Agency (FHFA) on May 8, 2017 -- and your feedback is strongly encouraged.
Enhancements Make it Easier to Share Guide Content and Find Recent Updates
June 22, 2017 - If you use the AllRegs® link on FreddieMac.com to access the Guide, new functionality is now available which allows you to quickly share Guide content and review recent updates to our requirements.
We're Making Loan Advisor Suite® Better
June 15, 2017 - We're adding a new tool to Freddie Mac Loan Advisor Suite®, and making the existing tools even more powerful with several new enhancements.
Cash in on a New Opportunity for your Cash Executions
June 14, 2017 - Soon you'll have additional opportunities to improve your best execution when selling loans for cash. We'll pay more for your fixed-rate mortgages that have specific loan attributes, such as low loan balances.
Home Possible Eligibility Updated Nationwide
June 13, 2017 - This morning, Loan Product Advisor® was updated to reflect the 2017 area median income (AMI) levels. The AMIs determine the income eligibility standards for our Freddie Mac Home Possible® low down payment mortgages.
System Maintenance Downtime for Loan Advisor Suite Tools Begins June 23
June 12, 2017 - The Freddie Mac Loan Advisor Suite® tools and capabilities will be unavailable during the following times for routine system maintenance.
Customer Testing for Investor Reporting Changes – What's the Game Plan?
June 12, 2017 - Customer Testing for Investor Reporting Changes – What's the Game Plan?
Reminder & Notices
Freddie Mac Updates Fraud Mitigation Best Practices
The Freddie Mac Financial Fraud Investigation Unit (FFIU) has updated and posted online its comprehensive Single-Family mortgage fraud mitigation best practices document.
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.