Freddie Mac: Here’s How We’ve Put Your Feedback on eMortgage Adoption to Work
Investor Update
November 14, 2017
Last year, in collaboration with Fannie Mae and at the direction of the Federal Housing Finance Agency, we surveyed the industry to get a better understanding of the barriers to eMortgage adoption. Through the survey, you told us [PDF] the lack of stakeholder readiness and complexities with implementation are among your top concerns. We also heard that you wanted better education and awareness of eMortgage processes and technology.
Over the past year, we’ve been laser focused on how to address the barriers you identified. In response to your feedback, we ramped up our education and awareness efforts surrounding eMortgage processes and technology. To see exactly what we’ve done, read the GSE Efforts to Improve eMortgage Adoption: A Follow-up to the 2016 GSE Survey Findings Report [PDF]. It discusses how we’ve put your feedback to work by creating awareness and educating the industry on what’s being done to bring greater efficiencies to the eMortgage space.
For more information on doing eMortgage business with Freddie Mac, visit our eMortgage web page on FredddieMac.com or contact our eMortgage team at eMortgage_Team@FreddieMac.com.
Source: Freddie Mac