February 10, 2025
Servicing Excellence is a multi-year initiative to strengthen the Servicing industry through reciprocal top-quality performance from Freddie Mac and our servicing stakeholders. It’s our strategy to deliver more—and to expect more.
By The Single-Family Team, Freddie Mac
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To help you prepare for the UCD Phase 3 critical edits transition, we are announcing updates regarding edits in Loan Closing Advisor CTE and production.
Total MI Claims, the second tool of the Total MI suite, simplifies and improves collaboration between MI companies, Servicers and Freddie Mac, ensuring better outcomes for all.
Your connection to the latest updates and resources to optimize your integration.
We’ve revised the UCD Impact Memo. See how these updates impact your UCD XML file and Loan Closing Advisor.
Learn helpful info about our new cash rate sheet available in the Loan Selling Advisor® pre-release customer test environment (CTE) starting July 25, 2022, plus more info about the Genworth Mortgage Insurance Corporation name change to Enact – Delivery Period Extended, and upcoming scheduled maintenance for Loan Selling Advisor CTE1 from July 18 through 22.
What if the person applying for a loan isn’t who they say they are? Here’s a new twist on misrepresentation we recently investigated.
The Supplemental Consumer Information Form (SCIF) will be a required document in the loan file for new conventional loans sold to the GSEs with application dates on or after March 1, 2023. Today, we published updates to the five translated versions (Spanish, traditional Chinese, Vietnamese, Korean and Tagalog) of the SCIF form.
See what’s coming this summer in Loan Selling Advisor®. Find out about new early disclosure, cash rate sheet redesign, AMI limit, QM rule and a helpful job aid.
Freddie Mac HomeCoach℠ uses the data entered into an agency’s CMS to produce a Freddie Mac Loan Product Advisor® (LPA℠) feedback certificate which provides housing counselors with a “lender’s view” of their clients’ financial and credit profile.
Learn about ULDD Phase 4a testing and other updates in Loan Selling Advisor®.
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