This winter, we’re delivering hot new solutions and introducing advanced features in Loan Selling Advisor®. In today’s rapidly evolving market, these innovative technology and product solutions can spark your loan delivery process so you can sell and deliver more loans. Check out what’s new and coming below.


New Loan Selling Advisor Cash-specified Payups

Effective January 23, Freddie Mac has introduced three new cash-specified payups for your 30-year and 15-year fixed rate mortgages, when you sell for cash using our mandatory contract option in Loan Selling Advisor®.

Specified Payup Type 30-Year Fixed Rate 15-Year Fixed Rate
Second Home YES
State NY Super Conforming YES YES

We announced these new cash-specified payups in our January 4 article. Today we’re updating our online resources including creating new sample files to support easier integration of our Import Cash Contract technical specification. 

Check out some of our cash-specified payup resources that have been updated to reflect the new options:

ULDD 4a Mandate Preparation and Testing Reminders

Effective September 26, Loan Selling Advisor was updated with all ULDD Phase 4a data points. Through May 19, 2023, you may deliver Phase 3 data or the new Phase 4a data points, but do not deliver both.

If you’re already testing, please continue to use our production baseline Client Test Environment (CTE) to ensure you’re ready. If you have not yet tested and want to, we encourage you to reach out to your Freddie Mac representative for more information and to get access to the test environment.

Access our updated Prepare for ULDD Phase 4a Conversion job aid to learn more.

You must comply with the ULDD Phase 4a requirements for mortgages with Application Received Dates on or after January 1, 2023, and delivery dates beginning on May 22, 2023. To support the delivery mandate, third-party technology partners should already be verified or close to completing the verification process. Please contact your verified software partner or ULDD provider for readiness.


Improved Import Loan Processes for New Unallocated Loans

You asked for it, and we heard you! We’re saving you time and energy with improved validation messages in Loan Selling Advisor® when you import new loans and are not allocating the loans to contracts.  

For newly unallocated loans, your validation messages are more clear, accurate and descriptive for a more actionable experience.