With guidance from the Federal Housing Finance Agency, we are issuing Single-Family Seller/Servicer Guide (Guide) Bulletin 2021-13, to announce requirements and their effective dates related to our purchase of loans subject to the Qualified Mortgage (QM) Rule and originated relying on the GSE patch.

These requirements address the difference in dates referenced in the amended Preferred Stock Purchase Agreement (PSPA) and the revised QM final rule which took effect on March 1, 2021, as published by the Consumer Financial Protection Bureau. 

We will continue to purchase government funded, guaranteed or insured mortgages with Freddie Mac’s written approval, based on an exception FHFA has granted.

Review the Guide Bulletin for details and reminders important to your business.