Single-Family News Center: Originate and Underwrite
Electronic Default Reporting Updates
We’re committed to making the overall mortgage experience easier, more cost-effective and more efficient. That’s why, Freddie Mac is streamlining the edit process for Electronic Default Reporting through the retirement of 34 edits.
RSS Feed for Single-Family News
Uniform Closing Dataset Specification Update
December 11, 2018 - We're updating and republishing the UCD Specification and supporting artifacts to account for revised Seller data requirements, changes related to the CFPB's TRID Amendment, expanded allowable fee types and improved clarity.Simplify Your Underwriting Process with Asset and Income Modeler (AIM)
December 11, 2018 - Through the expertise of third-party service providers, asset and income modeler (AIM) with Loan Product Advisor automates the manual processes of assessing borrower assets and income. Gain efficiencies in your underwriting process with AIM — get your edge.Temporary Selling Requirements Related to CA Wildfires; Updates Related to Hurricane Irma
December 06, 2018 - Guide Bulletin 2018-26 provides temporary selling requirements for certain mortgages secured by properties, or for borrowers with places of employment in certain zip codes in Butte County .Flexible Financing and Innovative Features with CHOICEHome
December 06, 2018 - Wouldn't it be great to utilize more of our credit and collateral flexibilities with manufactured home borrowers? With our Freddie Mac CHOICEHome℠ pilot program, we're paving the way to do just that.Guide Bulletin 2018-24: Single Security Updates, New Underwriting Flexibilities and 2019 Loan Limits
December 05, 2018 - Guide Bulletin 2018-24 announces updates that support the June 3, 2019 implementation of the Single Security. It also updates the Guide with new flexibilities and opportunities for your business.Loan Product Advisor and Loan Selling System Updated to Align with 2019 Loan Limits
December 03, 2018 - Start taking advantage of the greater origination potential you have with the higher conforming loan limits. Loan Product Advisor has been updated to reflect the 2019 loan limits.Give Your Users Instant Access to Freddie Mac Tools
December 03, 2018 - Freddie Mac Access Manager is a provisioning system that enables you to easily manage your users' access to certain Freddie Mac Single-Family sourcing and servicing tools and applications.Guide Bulletin 2018-23 Introduces Automated Income and Asset Assessment
November 28, 2018 - Guide Bulletin 2018-23 introduces automated income and asset assessment with Loan Product Advisor®. Read the Bulletin to find out exactly what these new capabilities mean for your business.Loan Limits for 2019 Are Increasing
November 27, 2018 - In line with the Federal Housing Finance Agency announcement, we're increasing our maximum base conforming and high-cost area loan limits on January 1, 2019.Guide Bulletin 2018-21: New GreenCHOICE Mortgages and Updates to Condo Insurance
November 13, 2018 - Guide Bulletin 2018-21 introduces GreenCHOICE Mortgage, our newest option to finance energy and/or water efficiency improvements. The Bulletin also includes updates to property insurance requirements for condos.Freddie Mac Loan Advisor - The Edge You Need for Speed, Efficiency and Results
November 09, 2018 - We're listening to your feedback and making changes that deliver speed, efficiency and results. We're enhancing Freddie Mac Loan Advisor℠ to provide the value you need to give you an edge - The Freddie Edge℠.November Loan Product Advisor Updates Give You More Efficiency
November 08, 2018 - Loan Product Advisor® is being updated on November 11, 2018, with changes you told us would help you work faster and more efficiently.New Checklist to Help You Get Ready for the Single Security
November 07, 2018 - Implementation of the Single Security is just around the corner and we want to make sure you are getting the support you need to get ready. Check out our latest resources including a Seller/Servicer readiness checklist.Temporary Selling Requirements for Mortgages or Borrowers Affected by Hurricane Michael
November 07, 2018 - Bulletin 2018-20 provides temporary selling requirements for certain mortgages secured by properties, or for borrowers with places of employment in eligible disaster areas impacted by Hurricane Michael.Now it's Easier to Grow Your Condo Business
November 05, 2018 - The newest Freddie Mac Loan Advisor℠ tool, Condo Project Advisor℠, helps you grow your business with unit-level condo waivers for loans that wouldn't otherwise be eligible for sale to Freddie Mac.Business Intelligence Updates Offer Greater Insight into ACE, Rep and Warranty Relief and AMC Trends
November 05, 2018 - The latest Business Intelligence release includes a new AMC Analysis Dashboard and insights to help you improve processes and become more efficient.Easier Collateral QC and Underwriting with Loan Collateral Advisor Updates
October 31, 2018 - In response to your feedback, we've updated Loan Collateral Advisor® with simplified risk scoring, increased opportunity for rep and warranty relief and a transparent relief eligibility threshold.Guide Bulletin 2018-19: Opportunities and Key Requirement Changes for Sellers
October 31, 2018 - Guide Bulletin 2018-19 announces changes to rental income requirements, documentation for social security retirement and disability benefits and settlement/closing disclosure statements. Read the Bulletin for details on these and other updates.Updated Home Possible Mortgage Available
October 29, 2018 - Now, you can submit to Loan Product Advisor® and deliver Home Possible® mortgages with new flexibilities and advantages for your borrowers.Guide Bulletin 2018-18: Loan Collateral Advisor, Condo Projects, Disaster Flexibilities and More
October 17, 2018 - Read Guide Bulletin 2018-18 for updates to our selling requirements for Loan Collateral Advisor, condominium projects and condominium project reviews and more.
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.