Single-Family News Center: Originate and Underwrite

No Yard Work Required
January 21, 2015 - There are many advantages that make condos the right choice for certain homebuyers. As you look for ways to grow your purchase market business in 2015, reach out to potential condo buyers – first-time homebuyers, those with limited incomes, or current homeowners looking to downsize.

2015 is here and so is Loan Coverage Advisor!
January 12, 2015 - Freddie Mac Loan Coverage Advisor^SM is now available. This free application calculates and tracks the selling representation and warranty relief status for every loan you’ve sold to Freddie Mac.

Loan Prospector Aligning with Guide Changes for Home Possible Advantage
December 17, 2014 - We're updating Loan Prospector® on January 26, 2015, to support Freddie Mac Home Possible Advantage^SM, as announced in the Single-Family Seller/Servicer Guide (Guide) Bulletin 2014-22 on December 8, 2014.

Uniform Closing Dataset High-Level Implementation Timeline
December 16, 2014 - Learn the latest news on timeline information and implementation recommendations for implementing the UCD.

Guide Bulletin 2014-24 Announces New Representation and Warranty Tracking Application and Other Requirement Updates
December 15, 2014 - Guide Bulletin 2014-24 introduces Freddie Mac Loan Coverage Advisor^SM and provides information on how Seller/Servicers can obtain access to this new application. The Bulletin also announces other important requirement changes.

Guide Bulletin 2014-22 Introduces New 97 LTV Mortgage Offering
December 08, 2014 - We are introducing Freddie Mac Home Possible Advantage^SM, a responsible mortgage option that offers more flexibility for maximum financing. The offering primarily adopts the affordable flexibilities of Home Possible® mortgages, but with the additional requirements.

Loan Prospector Updated to Reflect 2015 Loan Limits
December 04, 2014 - Loan Prospector® was updated today to reflect the 2015 loan limits.

2015 Loan Limits Announced
November 24, 2014 - We are maintaining our base conforming loan limits at the existing 2014 levels through December 31, 2015, and increasing the high-cost areas loan limits in certain counties.

Guide Bulletin 2014-21: Updates to the Selling Representation and Warranty Framework Life-of-Loan Exclusions
November 20, 2014 - We're enhancing the life-of-loan representation and warranties under the selling representation and warranty framework. The enhancements are detailed in Guide Bulletin 2014-21.

Get Ready for the 2015 Purchase Market
November 18, 2014 - It's time to start planning your 2015 business strategies. Purchase money will continue to dominate the housing market, so to help you understand what to expect and where to focus your efforts, hear our Chief Economist Frank Nothaft's projections.

Loan Prospector to Align with Recent Guide Requirements
November 13, 2014 - On November 24, 2014, Loan Prospector® will be updated to align with the changes to the requirements for Freddie Mac Home Possible® mortgages announced in Single-Family Seller/Servicer Guide (Guide) Bulletin 2014-18.

Reminder to Notify Freddie Mac of Organizational Changes
October 28, 2014 - Today we published an Industry Letter to remind all our customers about our requirements to notify Freddie Mac if your company is undergoing ownership or organizational changes.

Sellers Notified of November 16 UCDP Release
October 21, 2014 - On November 16, 2014, Freddie Mac and Fannie Mae (the GSEs) will make the following updates to the Submission Summary Report (SSR) in the Uniform Collateral Data Portal® (UCDP®).

Home Possible Enhancements and Other Updates Announced in Guide Bulletin 2014-18
October 15, 2014 - We’re enhancing Home Possible® Mortgages to provide you with greater flexibility to help your borrowers with an affordable lending solution. Review Bulletin 2014-18 for details on the Home Possible enhancements and other revised selling requirements.

Upcoming Loan Prospector Liabilities Enhancements Reminder
October 14, 2014 - On October 19, we are releasing Loan Prospector® liability enhancements that will provide you with greater transparency regarding the Loan Prospector total debt calculation used to determine total debt for the debt-to-income (DTI) ratio.

Returning HVE Messaging to the UCDP
September 24, 2014 - To provide you with feedback regarding the accuracy of an appraised property value, on November 23, 2014, we are reintroducing a subset of HVE® messaging in the UCDP®.

Are You Missing Out on the Fastest Growing Group of Homebuyers?
September 17, 2014 - Statistics show that the fastest growing group of homebuyers in the United States is Hispanics. If you’re willing to put some extra effort into reaching out to the Hispanic community, the payoff can be big.

QCIM – A Powerful Tool to Help You Manage Your QC Loan Requests
September 08, 2014 - Find out how QCIM and the new Management Reporting function helps you manage QC requests and analyze overall trends.

Increasing Transparency Into Loan Prospector Liabilities
August 26, 2014 - Learn how our October 19, 2014, Loan Prospector® enhancements will provide you with greater transparency regarding the Loan Prospector total debt calculation used to determine total debt for the debt-to-income (DTI) ratio.

Reminder about Mortgages with PACE Obligations
August 20, 2014 - We are reminding Seller/Servicers that mortgages with Property Assessed Clean Energy (PACE) and PACE-like obligations that provide for first-lien priority are not eligible for sale to Freddie Mac.