FHLMC Guide Bulletin 2017-4: Incorporating Investor Reporting Changes
Investor Update
April 12, 2017
In today’s Single-Family Seller/Servicer Guide (Guide) Bulletin 2017-4, we’re incorporating changes associated with our Investor Reporting Change Initiative into the Guide, including implementation dates and comprehensive updates to sections/chapters. As announced on March 23, 2017, we’ve extended the implementation date to May 1, 2019.
Key Highlights: More Building Blocks
Today’s announcement provides:
- A policy-oriented narrative to further help you incorporate the investor reporting changes into your existing policies and procedures.
- New details on our data cutover strategy, retirement of existing remittance types, and drafting requirements.
In a future Guide Bulletin, we’ll provide information on recertifying your custodial accounts, cutover conversion and any other necessary details to ensure a smooth transition and implementation.
FYI: Minor Updates to Requirements and New Visual Resource
In response to your feedback, we’ve made some minor edits to our business requirements [PDF] and technical specifications [PDF] for clarification purposes. Please read the respective “Revision History” sections in the documents for more information.
Also, check out our new Future State Overview [PDF] visual for a snapshot example of our future monthly investor reporting processes. You can refer to our business requirements for information on different scenarios.
For More Information
- Visit our Investor Reporting Change Initiative web page.
- Review our new Future State Overview [PDF].
- Read Guide Bulletins 2017-4 [PDF], 2016-15 [PDF], and our implementation extension announcement.
- Contact your Freddie Mac representative.
Source: Freddie Mac