Single-Family News Center: Originate and Underwrite
You Can Now Originate Certain Loans Without an Appraisal
Get to closing faster. Save money. Our automated collateral evaluation (ACE) can now be applied to both no cash-out refinance and purchase transactions.
Updated Requirements for Debt Payment-to-income Calculation, Appraisals and More in Guide Bulletin 2017-23
October 18, 2017 - Learn more about new flexibilities and opportunities for your business with requirement updates we are announcing in Guide Bulletin 2017-23.
UCDP Release Notification - Appraisal Form 1004D/442 Functionality
October 17, 2017 - Effective October 30, 2017, Freddie Mac and Fannie Mae (the GSEs) will support the Appraisal Update and/or Completion Report (Freddie Mac Form 442 / Fannie Mae Form 1004D) in the Uniform Collateral Data Portal® (UCDP®).
Loan Product Advisor® Updates Support New HMDA Demographic Information Data
October 02, 2017 - Loan Product Advisor® will be updated on October 8, 2017, to align with the updated Consumer Financial Protection Bureau (CFPB) reporting requirements as referenced in the November 1, 2016, Freddie Mac and Fannie Mae joint announcement.
URLA Implementation Timeline Updates
September 26, 2017 - Today we're announcing important implementation updates related to the Uniform Residential Loan Application and publishing the updated Demographic Information Addendum.
A Simpler Version of eNotes is on the Way
September 26, 2017 - The GSEs announce a new electronic promissory Note (eNote) specification to support the delivery of eMortgage loans.
The GSEs Support Your UCD Transition
September 15, 2017 - Freddie Mac and Fannie Mae (the GSEs) have a new approach to enforcing the UCD delivery requirement.
Guide Bulletin 2017-20 Announces Credit Underwriting, Appraisal and Condo Requirement Changes
September 14, 2017 - Guide Bulletin 2017-20 announces credit underwriting, appraisal and condo requirement changes
Guide Bulletin 2017-17 Announces Enhanced Relief Refinance Requirements
September 08, 2017 - Today's Bulletin announces complete requirements for our new high LTV refinance offering, Freddie Mac Enhanced Relief RefinanceSM.
Temporary Selling Requirements for Properties Impacted by Hurricane Harvey
September 07, 2017 - Guide Bulletin 2017-16 announces temporary selling requirements for properties impacted by Hurricane Harvey.
Mortgages Secured by Properties in Areas Affected by Hurricane Harvey
August 29, 2017 - If you have mortgages in the delivery pipeline that are secured by properties located in areas impacted by Hurricane Harvey and you are not able to represent and warrant that a mortgage meets our requirements, you should remove that mortgage from a Guarantor pool or Cash commitment.
Aligned Disclosures: A Step Closer to Single Security
August 26, 2017 - On August 28, 2017, Freddie Mac will begin using the aligned disclosure standards that will support the future Single Security for single-family securities we issue, including our Participation Certificates (Gold PCs).
Guide Bulletin 2017-13 Announces ACE Expansion to Include Purchases
August 23, 2017 - Guide Bulletin 2017-13 announces an expansion of automated collateral evaluation (ACE) eligibility and updates to the list of mortgages ineligible for ACE.
Automated Collateral Evaluation Now Available for 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.
New Loan Product Advisor® Message Updates
August 11, 2017 - We updated Freddie Mac Loan Product Advisor® feedback messages on August 9, 2017.
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.
New Loan Collateral Advisor® Welcome Page and UCDP® Feedback Messages
August 03, 2017 - We're improving the Loan Collateral Advisor® welcome page by adding graphics that deliver information in a more user-friendly way. We're also updating the proprietary feedback messages you see in the tool and the UCDP®.
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.
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.
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.
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.