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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

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  • Participating in the URLA Limited Production Period

    Today with Fannie Mae, we published a joint announcement inviting lenders who meet specific criteria to participate in the Uniform Residential Loan Application (URLA) limited production period beginning August 1, 2020. During this period, lenders will be using the redesigned URLA (Freddie Mac Form 65) and updated Freddie Mac Loan Product Advisor® v5.0.06 specifications to originate loans in a controlled implementation.

  • ULDD Updates to Support SOFR ARM Index Transition

    This announcement highlights ULDD SOFR related specification updates and implementation considerations.

  • New Loan Collateral Advisor/UCDP Feedback Message

    We’re adding a new Freddie Mac proprietary feedback message (effective April 17, 2020) to Loan Collateral Advisor® and Uniform Collateral Data Portal® (UCDP®)

  • Extended URLA Implementation Timeline

    Freddie Mac and Fannie Mae (the GSEs) will extend the implementation timeline for the redesigned Uniform Residential Loan Application (URLA) and automated underwriting systems (AUSs) to support the industry during the COVID-19 pandemic.

  • Fraud Watch: Recognize Phone Spoofing

    Imposters posing as Freddie Mac representatives are offering consumers a low interest rate loan and other false promises.

  • UMDP Updates to Support SOFR ARM Index Transition

    To support the transition from LIBOR to SOFR, the GSEs are sharing updates to certain datasets under the Uniform Mortgage Data Program (UMDP) with new SOFR data.

  • Updates to Help Move Your LIBOR Transition Plans Forward

    As you start to ramp up your preparations for the transition away from the London Interbank Offered Rate or LIBOR, we’re sharing updates that can help you better lay out your transition activities.

  • Freddie Mac Announces 2019 SHARP Award Winners

    Freddie Mac (OTCQB: FMCC) announced today the nine winners of its 2019 Servicer Honors and Rewards Program (SHARP)SM, which annually recognizes mortgage loan Servicers for superior servicing portfolio performance.

  • Donna Corley Named Head of Freddie Mac’s Single-Family Business

    Donna Corley Named Head of Freddie Mac’s Single-Family Business. Company elevates chief risk officer with 25 years of experience

  • Freddie Mac Credit Protects $231 Billion of Single-Family Mortgages in 2019

    Freddie Mac’s Single-Family business today announced that its Credit Risk Transfer (CRT) program transferred $9.1 billion of credit risk on $231 billion of single-family mortgages from U.S. taxpayers to the private sector in 2019.