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.
Update on Rental Income Changes and MI Master Policies
January 10, 2018 - The revised rental income requirements announced in Bulletin 2017-12 will now be effective for Freddie Mac mortgages with settlement dates on and after November 30, 2018. MI companies will issue new master policies this year reflecting the revised GSE rescission relief principles.
Request for Input: Alternate Credit Scores
January 08, 2018 - Freddie Mac encourages stakeholders to respond to a Request for Input on alternate credit scores, as issued by our regulator, the Federal Housing Finance Agency (FHFA).
2018 FHA Loan Limits Coming Soon in Loan Product Advisor®
December 21, 2017 - Loan Product Advisor will reflect updated loan limits for Federal Housing Administration (FHA) mortgages on January 2, 2018.
Freddie Mac and Fannie Mae Publish Updated URLA and Supporting Documents
December 19, 2017 - Freddie Mac and Fannie Mae (the GSEs) have published updated dynamic and interactive versions of the redesigned Uniform Residential Loan Application (URLA) - Freddie Mac Form 65 - which include the Language Preference question as previously announced by the Federal Housing Finance Agency (FHFA). New and updated supporting documents were also published.
New Duty to Serve Plan Supports Underserved Markets
December 18, 2017 - Today, we published a comprehensive, three-year Duty to Serve plan for working with the mortgage industry, housing groups and other stakeholders.
Guide Bulletin 2017-28: New Opportunities Related to Representation and Warranty Framework, Income Used for Qualifying, Land Trust Mortgages and Other Updates
December 14, 2017 - With Guide Bulletin 2017-28, we are announcing requirement changes that offer new flexibilities and opportunities for you and your borrowers.
Update on the UCD Seller Data Requirement
December 12, 2017 - Freddie Mac and Fannie Mae (the GSEs) no longer require the Seller CD PDF as part of the UCD XML file submission.
Single Security Quickly Becoming a Reality
December 04, 2017 - The Federal Housing Finance Agency (FHFA) reported on the progress Freddie Mac and Fannie Mae (GSEs) have made towards the successful implementation of the Uniform Mortgage-Backed SecuritiesTM (UMBSTM) or the Single Security.
Freddie Mac HFA Advantage® Program Update in Loan Product Advisor®
December 01, 2017 - We're updating Loan Product Advisor® on December 3 to better support the Freddie Mac HFA Advantage® Program.
Loan Limits for 2018 Are Increasing
November 28, 2017 - In line with the Federal Housing Finance Agency announcement today, we're increasing our maximum base conforming and high-cost area loan limits on January 1, 2018.
Freddie Mac and Fannie Mae Publish Updated Redesigned Static URLA
November 17, 2017 - Freddie Mac and Fannie Mae (the GSEs) are announcing the publication of the static version of the updated redesigned Uniform Residential Loan Application (URLA).
Guide Bulletin 2017-26: Updates to Credit Underwriting and Mortgage Eligibility Requirements, Loan Product Advisor and More
November 15, 2017 - Guide Bulletin 2017-26 announces updates to credit underwriting and mortgage eligibility requirements, Loan Product Advisor and more.
Here's How We've Put Your Feedback on eMortgage Adoption to Work
November 14, 2017 - Read the follow-up to the 2016 survey findings report to see exactly how the GSEs are addressing barriers to eMortgage adoption.
Calculating Required Reserves is Getting Easier
November 08, 2017 - Loan Product Advisor® is being updated on November 12, 2017, with important changes to the calculation of required reserves.
Why the Single Security Should Be on Your Radar
November 01, 2017 - As you start mapping out your plans for 2018, make sure you’re keeping the Single Security initiative on your radar. Learn more about the activities leading to the launch of the Single Security in 2Q of 2019.
Temporary Selling Requirements Related to California Wildfires
October 25, 2017 - Guide Bulletin 2017-24 extends the temporary selling requirements announced in previous Guide Bulletins to mortgages secured by properties located in Eligible Disaster Areas impacted by wildfires in California.
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.
Reminder & Notices
Single Security Updates
We've put together resources for Seller/Servicers to help you determine what changes and business opportunities you need to prepare for.
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.