News & Insights
December 2, 2024
Mortgage Insurance Collaborations Facilitate Workflow, Improve Servicer Experience
Partnering with Servicers and MI companies, we developed Total MI® a cohesive technology suite of tools that uses automation and efficient data exchange to streamline the MI lifecycle. The results are clear: more efficient processes, reduced risk and a better experience for everyone involved.
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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News Articles | August 19, 2020
Coming Soon: UCount Will Bring Greater Transparency to Annual Certification and Change and Activity Reporting
"This fall, we’re replacing Guide Forms 16SF, Annual Eligibility Certification Report, and 1107SF, Seller/Servicer Change Notification Form, and the Annual Eligibility Website with the Unified Counterparty Experience System (UCount℠). Learn what you'll get with UCount and how it will benefit your organization."
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News Articles | July 22, 2020
True Lies: Forged CPA Letters in 10 Loans
When one of our Seller/Servicers observed suspicious behavior coming from a mortgage brokerage, they followed Freddie Mac’s requirements for suspected fraud and reported their concerns to our Single-Family Fraud Risk (SFFR) team.
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News Articles | July 21, 2020
Important Update to Recourse as a Repurchase Alternative
Beginning on August 1, 2020, we are charging a 5% fee (of UPB) for a five-year recourse offered as a repurchase alternative.
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News Articles | July 15, 2020
Freddie Mac Announces Disaster Payment Deferral and other Servicing Updates
Guide Bulletin 2020-28 announces updates to disaster-related policies, including the introduction of the disaster Payment Deferral option. Guide Bulletin 2020-29 provides updates to insurance loss settlement and document custody requirements. Both Bulletins include other updates that may be important to Servicers.
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News Articles | July 2, 2020
ARM Cash Program Prepares for New Commitment Process
Beginning on August 3, 2020, you’ll experience a simpler adjustable rate mortgage (ARM) cash commitment process that requires less data entry and provides greater price certainty at time of commitment.
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News Articles | June 30, 2020
Updated Interactive Spanish Translation Aids for the Redesigned URLA
Freddie Mac has published interactive Spanish translation aids for each component of the redesigned Uniform Residential Loan Application (URLA).
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News Articles | June 18, 2020
Resources and System Updates to Help Guide Your LIBOR Transition
Check out these new and updated resources we’ve developed to support your London Interbank Offered Rate (LIBOR) to Secured Overnight Financing Rate (SOFR) transition activities.
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News Articles | June 16, 2020
Enhancements and System Edits Coming Soon to Loan Selling Advisor®
On June 27, get ready for a new look and feel to our online help tool and improved functionality.
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News Articles | May 28, 2020
New Joint GSE Resources on LIBOR Transition
Freddie Mac and Fannie Mae, under the guidance of the Federal Housing Finance Agency (FHFA), have jointly published new resources to help the housing finance industry transition from the use of the London Interbank Offered Rate (LIBOR) indexed ARMs.
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News Articles | May 27, 2020
A New Relief Solution for COVID-19 Impacted Homeowners
During a crisis, it can be difficult for homeowners to react to the unexpected and learn what mortgage relief options are out there. With the right resources and solutions, servicers can help educate borrowers about their options – including the new COVID-19 Payment Deferral.