Archives For: Freddie Mac
Freddie Mac: Clarification on EDR Default Action Codes for Extend Modification
Freddie Mac issued a release clarifying required Electronic Default Reporting (EDR) default action notification codes for borrower Trial Period Plans for the Extend Modification for Disaster Relief.
1 Mar 2018
Freddie Mac: Are You Ready for New Imminent Default Evaluations in Workout Prospector?
Freddie Mac issued a release outlining an update to its Workout Prospector.
26 Feb 2018
FHLMC Guide Bulletin 2018-2: Charge Off Recommendations, Document Custody Requirements and More
Freddie Mac issued a release outlining updates for requirements relating to charge-off recommendations.
14 Feb 2018
FHFA: 2018-2020 Housing Goals For Fannie Mae and Freddie Mac Finalized
The FHFA issued a news release announcing that it has published a final rule establishing new housing goals for Fannie Mae and Freddie Mac for 2018 through 2020 in accordance with the provisions of the Housing and Economic Recovery Act of 2008.
6 Feb 2018
Freddie Mac: Flood Insurance Requirements Remain Unchanged Despite a Lapse in the National Flood Insurance Program
Freddie Mac issued a release confirming that its policies on flood insurance have remained unchained since the National Flood Insurance Program’s (NFIP) authority to issue new and renewal policies and increase coverage on existing policies expired on January 20, 2018.
22 Jan 2018
Freddie Mac: Register Now to Test Our Investor Reporting Changes
Freddie Mac issued a release outlining the testing phase of its Investor Reporting Change Initiative.
9 Jan 2018
FHFA: Fannie Mae’s and Freddie Mac’s Underserved Markets Plans for Duty to Serve Program Published
The Federal Housing Finance Agency (FHFA) issued a news release announcing the availability of the Fannie Mae and Freddie Mac Underserved Markets Plans for 2018-2020 under the Duty to Serve Program.
21 Dec 2017
FHLMC Guide 2017-29: Extension of Foreclosure Sale Suspension in Puerto Rico and the U.S. Virgin Islands
Freddie Mac issued a release announcing that it is extending the suspension of all foreclosure sales for mortgaged premises located in jurisdictions designated as eligible disaster areas in Puerto Rico and the U.S. Virgin Islands as a result of Hurricane Irma or Hurricane Maria.
20 Dec 2017
FHLMC Guide Bulletin 2017-27: Servicing Updates
Freddie Mac issued a release containing a number of updates relevant to servicers. Included is a notification detailing an update for the Workout Prospector that will accommodate data submissions and reporting of the new imminent default evaluation requirements.
13 Dec 2017
Freddie Mac: Consolidated Scorecard Now Available
Freddie Mac issued a release announcing the availability of its consolidated Servicer Success Scorecard.
12 Dec 2017