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Freddie Mac: FHLMC Guide Bulletin 2018-22: Servicing Updates

Investor Update
November 14, 2018

Source: Freddie Mac

Single-Family Seller/Servicer Guide (Guide) Bulletin 2018-22 announces changes that simplify our requirements and provide flexibilities for servicing mortgages for Freddie Mac. This Bulletin updates:

Standard short sale and standard deed-in-lieu of foreclosure requirements
Requirements related to servicing properties impacted by disaster
Borrower contact requirements
Property inspection requirements for delinquent mortgages
Servicer authority to execute documents when mortgages are assigned to Freddie Mac

For complete details, read Guide Bulletin 2018-22 [PDF].

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