Single-Family News Center: Originate and Underwrite

Loan Prospector Updated to Reflect 2014 Loan Limits
December 06, 2013 - Loan Prospector® was updated to reflect the 2014 loan limits on December 5, 2013.

New Mortgage Insurance Master Policy Requirements
December 02, 2013 - FHFA issued a press release today announcing changes to Freddie Mac and Fannie Mae mortgage insurance master policy requirements.

Addressing Concerns in Response to Implementation of the New CFPB Property Valuation Requirements
November 26, 2013 - We heard your feedback on how our property valuation messaging is impacting your implementation of the new disclosure requirements for property valuation information announced in the Consumer Financial Protection Bureau (CFPB) final rule on the Equal Credit Opportunity Act (ECOA) amendment under Regulation B, and we are addressing your concerns.

Freddie Mac Announces 2014 Loan Limits
November 26, 2013 - We are maintaining our 2014 base conforming loan limits at the existing 2013 levels. The loan limits in designated high-cost areas will also remain unchanged with the exception of some counties where the loan limit will increase.

Freddie Mac Shares Customer Service Level Standards Results
November 25, 2013 - Today we are posting our first Single-Family Business Customer Service Level Standards report that measures our performance in meeting eight customer service level standards.

Seller/Servicer Updates and Reminders Announced Guide Bulletin 2013-23
November 15, 2013 - Review today's Bulletin for details on fraud-related training requirements, HPMLs and HPCTs, a new Quality Control application, and other revisions and reminders that may impact the way you do business with Freddie Mac.

Freddie Mac Proprietary Messages in the UCDP Phase II
November 14, 2013 - As part of our Greater Purchase Certainty initiative and in a continued effort to support collateral quality, we will implement the second phase of Freddie Mac’s proprietary messages in the UCDP in the summer of 2014.

Freddie Mac Obtains Insurance Coverage to Cover Certain Credit Losses
November 12, 2013 - Today Freddie Mac announced that we have obtained an insurance policy to cover credit losses for a portion of the credit risk associated with Single-Family loans funded in the third quarter of 2012.

Take Advantage of Recent Guide User Enhancements and Other Available Single-Family Resources
November 06, 2013 - Guide Enhancements and other available resources are available to make it easier to do business with Freddie Mac.

November 2013 Uniform Collateral Data Portal Release Notification and Uniform Appraisal Dataset Update
November 05, 2013 - We are providing you with the November 2013 UCDP® Release Notification and UAD Update to announce upcoming UCDP release and updates to the UAD Technical Specifications. We are also providing you with details about the disclosure for Freddie Mac HVE valuation from the UCDP; as part of the final rule issued by the Consumer Financial Protection Bureau.

Revised Eligibility Date for Relief Refinance Mortgages
October 22, 2013 - Effective October 27, 2013, we will use the note date of the mortgage being refinanced, instead of the Freddie Mac settlement date, to determine eligibility for Relief Refinance Mortgages.

New Spanish CreditSmart® Consumer Online Training Now Available
October 14, 2013 - Freddie Mac has launched a new Spanish-language version of the CreditSmart consumer web-based training course.

Selling System Enhancements Announced for Loan Prospector and Best Efforts Loans
October 10, 2013 - Beginning October 21, 2013, you will see improvements to the Freddie Mac selling system as part of our continuing effort to provide you with greater purchase certainty for the loans you sell to Freddie Mac.

Systems Changes to Enhance Freddie Mac Valuation Data Announced in Guide Bulletin 2013-20
October 08, 2013 - As part of our ongoing support to help you prepare for the mortgage industry’s new rules, Guide Bulletin 2013-20 announces enhancements to our tools and systems that provide Freddie Mac proprietary property valuation data. These enhancements will help make our valuation data easier for loan applicants and borrowers to understand.

Guidance and Changes Relating to Federal Government Shutdown Announced in Guide Bulletin 2013-19
October 07, 2013 - Review Guide Bulletin 2013-19 for details on temporary guidance and temporary changes to Guide requirements to assist borrowers impacted by the federal government shutdown.

Information Related to CFPB Final Rule on ATR and Our New Mortgage Eligibility Requirements in Today’s Industry Letter
October 01, 2013 - Review today's Industry Letter supporting your preparation for our upcoming purchase eligibility requirement changes announced in Guide Bulletin 2013-16 as part of our response to the CFPB final rule. Information is focused QC practices, points and fees, and documentation and record retention.

Federal Government Shutdown Does Not Impact Freddie Mac Operations
October 01, 2013 - Freddie Mac will continue normal operations without interruption during the temporary federal government shutdown. Freddie Mac systems and business functions will be open as usual for all selling and servicing functions.

Updates to Condominium Delivery Fee, Relief Refinance Mortgages and Asset Documentation Announced in Bulletin 2013-18
September 24, 2013 - Review Guide Bulletin 2013-18 for selling and servicing updates including the elimination of the California condominium delivery fee, revised requirements for fraud training and reporting, asset documentation and underwriting borrowers on temporary leave. The Bulletin also announces changes to Relief Refinance Mortgage eligibility requirements.

A Message From Dave Lowman, Executive Vice President, Single-Family Business
September 23, 2013 - We won't be satisfied until all of our customers are experiencing a better, more responsive Freddie Mac.

August 2013 Uniform Collateral Data Portal Release Notification and Uniform Appraisal Dataset Update
August 27, 2013 - We are providing you with the August 2013 Uniform Collateral Data Portal® (UCDP®) Release Notification and Uniform Appraisal Dataset (UAD) Update. This notification announces that the second phase of the conversion of current UAD compliance warning edits to fatal UAD edits in the UCDP will occur in early 2014.