Single-Family News Center: Originate and Underwrite
Pedal to the Settle!
We're moving Workout Prospector® forward with the addition of a new automated settlement functionality for liquidations.
2016 Loan Limits Announced
November 25, 2015 - We are maintaining our base conforming loan limits at the existing 2015 levels through December 31, 2016, and increasing the high-cost areas loan limits in certain counties.
GSEs Publish Updates to the UCD Specification and Resources
November 17, 2015 - Learn more about the updated UCD specification, which lenders and software providers will need to implement and deliver to the GSEs.
Loan Prospector Enhancements Scheduled for November 21, 2015
November 12, 2015 - As a reminder, we're updating Loan Prospector® on November 21, 2015. Please also make note of additional Loan Prospector changes.
We've Got a Brighter Idea in Loan Production
November 12, 2015 - Freddie Mac Loan Advisor SuiteSM, launching in 2016, is the future of how we’ll do better business together and exemplifies our commitment to providing you with easy-to-use technology.
Combating Mortgage Fraud Aimed at Falsely Raising Credit Scores
November 03, 2015 - Our new article spotlights three common fraud schemes aimed at raising credit scores. Learn what they are and how you can help combat them.
Doing Better Business Together With Improved Guide Design and Usability
October 28, 2015 - We know how critical it is for you to access our Guide requirements quickly. That's why we're reorganizing the Guide to make it easier to locate specific information.
Guide Bulletin 2015-19: Updated Requirements for Information Security, Fraud Reporting, and More
October 28, 2015 - In Guide Bulletin 2015-19, we're announcing updated requirements for information security, fraud reporting, and more.
Loan Prospector Enhancements Scheduled for November 22, 2015
October 13, 2015 - We're updating Loan Prospector® on November 22, 2015, to provide actionable and loan-specific feedback messages around credit and income messages and align with the Department of Veteran Affairs underwriting guidelines.
Origination Defects and Remedies Framework Announced in Guide Bulletin 2015-17
October 07, 2015 - Learn more about the origination defects and remedies framework (the "remedies framework"), effective for mortgages with Freddie Mac settlement dates on or after January 1, 2016, announced in Guide Bulletin 2015-17.
Industry Letter Provides Guidance on TRID Rule
October 06, 2015 - At the direction of the Federal Housing Finance Agency, we issued an Industry Letter today providing guidance related to the "TRID Rule."
Upcoming Loan Prospector Updates to align with Guide Bulletins
September 17, 2015 - We're updating Loan Prospector® to align with recent Single-Family Seller/Servicer Guide (Guide) Bulletin announcements. The following article summarizes the update dates, requirement change and associated Guide Bulletin.
Greater Flexibility and Expanded Access to Credit in Guide Bulletin 2015-16
September 16, 2015 - In today's Single-Family Seller/Servicer Guide (Guide) Bulletin 2015-15, we announced updates that help promote borrower access to credit, provide flexibility and respond to customer inquiries and current market practices and conditions.
Loan Prospector Aligning with Recent HUD Handbook Policy Changes
September 11, 2015 - We're updating Loan Prospector® on September 13, 2015, to align with the Federal Housing Administration loan requirement changes announced on August 26, 2015.
Manage Your Entire Post-Funding QC Process with QCIM
September 10, 2015 - Quality Control Information Manager (QCIM) now enables users to easily view and download their monthly QC samples without ever leaving the QCIM application – making QCIM a complete end-to-end system for managing the entire QC post-funding process.
New Appraisal-Sharing Solution within the UCDP is Scheduled for Q1 2016
September 08, 2015 - During the first quarter of 2016, Freddie Mac and Fannie Mae (the GSEs) will implement a new appraisal-sharing solution within the Uniform Collateral Data Portal® (UCDP®).
Upcoming Loan Prospector Updates and UCDP Scheduled Maintenance
August 18, 2015 - Loan Prospector® updates are being made on August 23 and 27. We're also announcing an extended outage scheduled for the Uniform Collateral Data Portal® database platform migration on September 19-20.
Recent Updates to our Guide and Bulletins
August 13, 2015 - Based on your feedback, we've recently incorporated enhancements to the Single-Family Seller/Servicer Guide and Guide Bulletins.
Guide Bulletin 2015-13 Announces Reserves Requirements Date Change; Additional Changes to Loan Prospector also Announced
July 21, 2015 - We’re postponing the effective date related to reserves requirements for Loan Prospector® mortgages. We’re also announcing additional Loan Prospector feedback messages effective on August 1.
Loan Prospector July 19 Enhancements Have Been Delayed
July 20, 2015 - The Loan Prospector® enhancements scheduled for release on July 19 are delayed. We apologize for any inconvenience this may cause.
Guide Bulletin 2015-12 Provides Credit and Underwriting Updates
July 15, 2015 - We’re updating our selling requirements for credit and underwriting, property eligibility and loan delivery. We’re also adding business terms for Guarantor pricing and loan-level buyup and buydown options.
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.