Freddie Mac: Building Starts Now: New Technical Specifications for Investor Reporting
December 20, 2016
Today, we published the first of two technical specifications releases to support our Investor Reporting Change Initiative, which we’ll implement in October 2018. This publication builds on our previously published business requirements. The first release contains two new technical specification documents. The second release, scheduled for January, will primarily provide updates to existing data requirements, including report mock-ups.
Start Building Towards the Future
Technical development to support our investor reporting changes begins now, so here’s where to start:
- Analyze today’s technical specifications [pdf] to see how they’ll impact processes and procedures throughout your organization. We suggest you also discuss them with any vendors who support your investor reporting functions, and make sure to allocate sufficient resources towards development work in 2017 and 2018.
- Forward to a colleague. Share today’s message with appropriate business units within your organization including, but not limited to, information technology, capital markets, treasury, operations, and investor reporting teams.
- Check out our detailed timeline to stay on track – see where we are and where we’re going throughout this initiative.
- As a reminder, these changes affect all Freddie Mac Seller/Servicers, regardless of whether you use a vendor, proprietary systems or the Freddie Mac Service Loans application to complete your investor reporting requirements.
Remember to visit and bookmark our redesigned Investor Reporting Change Initiative web page, your central hub for the latest details and frequently asked questions. We’ve overhauled the layout, making it easier to navigate and find the information that’s important to you. We’ll continue to post updated and new resources here, as they become available.
For More Information
- Visit our Investor Reporting Change Initiative web page.
- Read Single-Family Seller/Servicer Guide Bulletin 2016-15 [pdf] and our FAQs [pdf].
- Visit Freddie Mac’s Learning Center for more on our training programs and reference tools.
- Contact your Freddie Mac representative or email us directly.
Source: Freddie Mac