News & Updates

Originators are responsible for maintaining compliance with applicable laws and recording requirements when using the Uniform Instruments.

March 2008

Revised New Mexico Deed Of Trust And Authorized Changes For MERS

The New Mexico Deed of Trust (Form 3032 1/01 (rev. 1/08) has been reformatted to be consistent with our other security instruments.

The revised New Mexico Deed of Trust tagline will show a version date of (Form 3032 1/01 (rev. 3/08).

In addition, the MERS Sample for New Mexico (Form 3032 1/01) and the Authorized Changes for MERS version of the New Mexico Deed of Trust has been revised to reflect the changes made to the New Mexico Deed of Trust based on the adoption of the Deed of Trust Act.

The revised MERS Sample for New Mexico tagline will show a version date of (Form 3032 1/01 (rev. 3/08).

Revisions To Authorized Changes Page For, Notes And Riders And Special Purpose Instruments

Please note that there have been technical corrections to the Authorized Changes pages to be consistent with the Single-Family Seller/Servicer Guide.

The following states have been updated:
Notes: West Virginia
Riders/Special Purposes: New Hampshire and West Virginia

Revisions To Authorized Changes Page For Security Instruments

Freddie Mac's Authorized Changes page for the Security Instrument has been updated.

Freddie Mac has deleted the optional requirement related to payment of the intangible tax on mortgage refinancings for the Florida Mortgage. Upon further analysis, we have determined the intangible tax is due if a new Mortgage is executed and recorded. We have deleted the refinance transactions authorized change language.

Also, Freddie Mac has added a mandatory authorized change for Massachusetts to insert a new paragraph for the name, address, and license number of the mortgage broker if the closing agent has knowledge that a mortgage broker originated the loan.

Inquiries relating to other topics should be submitted using the Contact Us feature on Freddiemac.com