Market Solutions Beyond the Pandemic
The ongoing COVID-19 pandemic has, undoubtedly, affected the homebuying process and it’s possible our industry may continue to deal with impacts for the remainder of the year.
We will continue to address the business challenges you face due to the pandemic with temporary requirements, but we have not lost sight of solutions that have longer-term benefits.
We’ve updated our Single-Family Seller/Servicer Guide in the recent months with underwriting flexibilities that make it easier to do business with Freddie Mac and continue to support responsible lending.
I invite you to watch this video which highlights some of these solutions, including expanding our automated collateral evaluation or ACE and allowing remote online notarizations.
Freddie Mac Single-Family 2Q Credit/Collateral Policy Recap
These are mortgage solutions that track technology trends and can make the mortgage industry stronger and more agile.
At Freddie Mac, we’re focused on delivering on our mandate--- providing liquidity and stability in the housing market, in any market condition.