Look at this winter’s latest updates to Loan Selling Advisor®. Our December news includes enhancements to support your loan delivery, including an upgraded user experience and enhanced Guarantor executions. Topics include:

  • Loan Limits Values for 2025
  • New Indicator, Look and Feel When Importing Loans
  • Uniform Loan Delivery Dataset (ULDD) Revisions
  • Customer Test Environment (CTE) Downtime in December
  • Annual Digital Certificate Renewals – December 2024 and January 2025
  • Green Bond Guarantor Single Issue Execution
  • Funding and Settlement Statement Screens: New Look and Feel
  • Mission Index Guarantor Single Issue Execution
  • Freddie Mac Gateway
  • Critical Purchase Eligibility Messages
  • Uniform Appraisal Dataset (UAD) and Forms Redesign ULDD CTE Timeline

And more.

NOW LIVE

Loan Limits Values for 2025

In alignment with the Federal Housing Finance Agency (FHFA) announcement, we’re adjusting our maximum baseline conforming loan limits and high-cost area loan limit values. As announced in our December 4 Single-Family Seller/Servicer Guide (Guide) Bulletin 2024-16, Loan Selling Advisor was updated on December 8, 2024 to reflect the following:

  • If you take out a Cash Contract in December 2024 that has an expiration date on or after January 1, 2025, and are allocating a mortgage with an original loan amount that exceeds the 2024 loan limit values but is eligible under the 2025 loan limits, you must enter a 2025 date in the “Requested Settlement Date” field.

New Indicator, Look and Feel When Importing Loans

As previously announced in October, starting November 25, you’ve noticed a new look and feel of the ‘View Import Results screen’. In addition, you also have a new option when importing and allocating loans to contracts. A simplified layout and quick filters help speed up the process and give you more control when managing Cash contract balances. For more information, refer to the Loan Selling Advisor Spotlight, November 25, 2024.

To support a smooth transition of these new features into the Production and Production Baseline CTE, we made some adjustments to the pre-production testing timeline and Production Baseline CTE availability.

  • You can continue testing in Pre-Release Customer CTE until December 17.
  • The new features will be available in Production Baseline CTE on December 18.

ULDD Revisions

Guide Announcements

The November 6 Guide Bulletin announced ULDD revisions for GreenCHOICE Mortgages® Guide Chapter 4606, which was refactored with new related section numbers.

For the complete list of updates and additional information, please refer to Guide Bulletin 2024-15 and the ULDD Revisions Page.

COMING SOON

CTE Downtime in December

The CTEs (both Pre-Production and Production Baseline) for Loan Selling Advisor, XChange CenterSM and Selling application programming interfaces (APIs) will undergo planned extended maintenance from 5 p.m. ET on Friday, December 13, through 9 a.m. ET on Wednesday, December 18. This extends the normal maintenance window into Monday and Tuesday. During this time, all features in Loan Selling Advisor will be unavailable.

Annual Digital Certificate Renewals – December 2024 and January 2025

We’re renewing the digital certificates for our system-to-system (S2S) API-based integrations. Best practices dictate that we renew our digital certificates annually. This year the dates are as follows:

  • CTE: December 14, 2024.
  • Production Environment: January 18, 2025.

Click here to see if your integrations are impacted, and if so, what action to take.

Green Bond Guarantor Single Issue Execution

Effective for mortgages with settlement dates on or after January 1, 2025, Freddie Mac is establishing requirements for Green Mortgage-Backed Securities (MBS) issued through the Guarantor program. Today, we support Green Bonds through the Cash Window execution method only. Freddie Mac is enhancing Loan Selling Advisor to support the guarantor path for Green MBS.

In January, eligible Guarantor Sellers may form a Green MBS, which must be composed entirely of Green MBS-eligible collateral, in Loan Selling Advisor. Green MBS will be labeled as such and issued according to our Green Bond Framework (Single-Family Green Bonds).

The November 6 Guide Bulletin also announced new requirements in Guide Section 6302.3 for Green MBS issued through the Guarantor program. 

To qualify for Green MBS, all mortgages allocated to the contract must be identified with ULDD data point, Investor Feature Identifier (IFI), “J99” and must be delivered under a “Green” contract.

Also refer to 2025 Freddie Mac Single-Family Green MBS Framework.

Funding and Settlement Statement Screens: New Look and Feel

Effective January 27, 2025, the View Settlement and Funding Details screens have been redesigned to enhance the user experience. This improved version introduces a cleaner, more organized page layout that eliminates horizontal scrolling, allowing for more intuitive navigation. Additionally, new quick-access buttons for “View Purchase,” “View Funding,” and “Export Funding” Statements have been added directly on the flyout menu, enabling users to seamlessly access key functions with fewer clicks. Ultimately, this is not a functional change, but the enhanced look and feel will create a more user-friendly experience. Click here to learn more.

Mission Index Guarantor Single Issue Execution

In August 2024, Freddie Mac enhanced our Cash execution by introducing a new capability in Loan Selling Advisor for Sellers to select a Mission Index Cash Specified Pool Type and potentially receive a payup on these types of mortgages. We also began calculating and displaying loan level Mission Scores for all loans delivered in Loan Selling Advisor.

Effective January 27, 2025, Loan Selling Advisor will calculate and display contract Mission Criteria Share (MCS) and Mission Density Score (MDS) and a Social Indicator of Yes or No (for allocated loans with Mission scores of 2 or 3) on the Guarantor Contract Details screen for fixed-rate single issue contracts. For more information, refer to our Mission Index web page.

Freddie Mac Gateway

As announced in the December 4, 2024 Guide Bulletin, we are introducing Freddie Mac Gateway. Effective January 25, 2025, Loan Advisor Portal and Servicing Gateway will be retired. The existing Seller/Servicer Loan Advisor Portal and Servicing Gateway credentials will still be active to sign into Freddie Mac Gateway.

Critical Purchase Eligibility Messages

As part of our continued effort to improve data consistency between our underwriting and loan delivery systems, effective February 10, 2025, we’ll introduce critical purchase eligibility messages in Loan Selling Advisor when the following ULDD data points (Sort IDs) in Loan Selling Advisor do not match with their equivalent in Loan Product Advisor (LPA):

  • Property Usage Type (Sort ID 69)
  • Loan Amortization Type (Sort IDs 138, 333, 461)
  • Loan Program Identifier (Sort ID 404) Mortgage Type (Sort IDs 317, 347, 472)
  • Employment Borrower Self Employed Indicator (Sort ID 600)

UAD and Forms Redesign ULDD CTE Timeline

We are planning to begin CTE for UAD and Forms Redesign and alignment with ULDD in March 2025. See the details below:

Alignment with UAD 3.6

Summary:

  • 1 new/activated data point
  • 3 new enumerations
  • 1 conditionality details and implementation note update

Details:

UAD and Forms Redesign ULDD CTE Timeline Alignment with UAD 3.6 Details

*ULDD updates needed to support loans that have appraisals in the new UAD 3.6 format. These changes support the current UAD 2.6 as well as the new UAD 3.6.