News & Updates
Revisions to the Authorized Changes page for Notes and Security Instruments
Mortgage Loan Originator Name and Nationwide Mortgage Licensing System and Registry (NMLSR) Identification (ID) Number
Freddie Mac has added a mandatory authorized change, to comply with the requirements of the Truth in Lending Act and Regulation Z (12 C.F.R. § 1026.36(g)). Originators are required to add to the last page of the Note and the last page of the Security Instrument the name of the mortgage loan originator (LO) and NMLSR ID number for both an organization and individual. If required under state or local law, Originators may place the LO name and NMLSR ID in an alternate location.
Lenders may implement this change immediately but must implement no later than January 10, 2014.
Please direct Uniform Instrument related questions or comments to the Uniform Instrument Mailbox: Uniform_Instruments@freddiemac.com
Inquiries relating to other topics should be submitted using the Contact Us feature on Freddiemac.com