News & Insights
July 16, 2024
Beyond the Close: Collaborating for Post-Purchase Borrower Education
The entire housing finance ecosystem benefits when homeowners remain in their homes. Borrowers who are engaged sooner and educated more fully have a better experience and achieve more successful outcomes. This is the key to sustainable homeownership.
By The Single-Family Team, Freddie Mac
Industry trends, marketplace dynamics and much more.
Use the filters to find topics of interest or browse all articles to see the full range of available articles and insights.
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Technology Updates | March 2, 2021
New LPA Enhancements and March 1 URLA Mandate Have Arrived
The enhanced LPA (v5.0.06) has arrived. So has the March 1 URLA mandate. Check out what’s new and where you can get more information for an easier transition. Read about the latest feedback message updates, which include various effective dates, that will help you make quicker decisions and underwrite more loans.
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News Articles | February 26, 2021
Discontinue Using Home Possible Advantage®
Effective April 26, 2021, if you submit or deliver Home Possible Advantage® loans through Loan Product Advisor® or Loan Selling Advisor®, you’ll receive an error message that the Home Possible Advantage identifier is no longer an eligible affordable program. You should resubmit the loan and select a valid option.
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News Articles | February 16, 2021
Uniform Residential Loan Application March 1 Mandate and Messaging Updates
Freddie Mac and Fannie Mae (the GSEs) published a joint announcement reminding lenders of the fast approaching March 1, 2021 URLA mandate. It was also announced that effective May 1, 2021, new loans submitted using the legacy URLA format will no longer be accepted and will return a critical edit on loan application files with an “Original Submission Date” on or after May 1, 2021.
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News Articles | February 11, 2021
We’re Looking Closely at the Impacts of the PSPA Amendments
The amended PSPA includes notable requirements that may impact how you do business with us.
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Technology Updates | February 8, 2021
Check out Loan Selling Advisor® Enhancements, New System Edits and More
Learn about new and upcoming tool enhancements, system edits and key deadlines for Loan Selling Advisor®.
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News Articles | February 3, 2021
Guide Bulletin 2021-4: Updates to POA, CMT-indexed ARMs, Asset Verification and More
This Bulletin announces updates to powers of attorney, CMT-indexed and LIBOR-indexed ARMs, asset eligibility and documentation requirements, Internal Revenue Service Form 4506-T and more.
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Technology Updates | January 29, 2021
More Loan Product Advisor Feedback Message Updates
Loan Product Advisor® (LPA℠) feedback messages have been updated to be more actionable – and to help you make faster decisions.
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Technology Updates | January 21, 2021
January Loan Product Advisor Message Updates
To provide you with more clarity, we’re updating a Loan Product Advisor® (LPA℠) feedback message related to down payments effective January 31, 2021. We’re also making LPA feedback message updates related to automated collateral evaluation (ACE) effective March 25, 2021.
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Technology Updates | January 14, 2021
Learn About New and Upcoming Changes in Loan Selling Advisor®
Freddie Mac announces new Loan Selling Advisor® changes, system enhancements and more.
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News Articles | December 21, 2020
NextJob® Helps Eligible Borrowers Get Back on Track
Freddie Mac has partnered with NextJob®, a national re-employment solutions company, to help servicers assist eligible homeowners with Home Possible® and HFA Advantage® mortgages in specific high-needs areas who experience employment challenges.