2023 Regulation Z Total Fees and Points Thresholds Update in Loan Closing Advisor on January 19
On January 19, 2023, Loan Closing Advisor® will be updated with the 2023 allowable Regulation Z Points and Fees thresholds. These tools will help you determine that the loans you’re selling to us meet the points and fees requirements applicable to both Exempt Mortgages and Ability to Repay (ATR) Covered Mortgages subject to the Revised General Qualified Mortgage (QM) Rule as set forth in Single-Family Seller Servicer Guide (Guide) Section 4202.6(c).
Please review the Loan Closing Advisor January 19, 2023 release notes.
If you have questions, please contact your Freddie Mac representative or the Customer Support Contact Center (800-FREDDIE).