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.
-
News Articles | February 18, 2020
FHFA Approves the Solicitation for Alternative Credit Score Models
The Federal Housing Finance Agency (FHFA) has approved the credit score solicitation jointly prepared by Freddie Mac and Fannie Mae (GSEs) in line with the FHFA final rule on the validation and approval of third-party credit score model(s) that the GSEs can use.
-
| February 12, 2020
True Lies: No One Benefits from Falsified Benefits
Benefits letters from federal government agencies and employers are often used to qualify a borrower’s eligibility for a home loan. That’s why we were particularly concerned when we recently discovered benefits letters in borrowers’ loan files that looked authentic ─ but were not.
-
News Articles | January 29, 2020
Freddie Mac Publishes the Updated Interactive (Fillable PDF) Version of the Redesigned URLA
Freddie Mac Publishes Updated Interactive Version of the Redesigned URLA
-
News Articles | January 24, 2020
Effective Date of Income Changes Extended to July
The revised requirements will now be effective for mortgages with Freddie Mac settlement dates on and after July 2, 2020. Guide Bulletin 2019-20 noted these changes would be effective for mortgages with Freddie Mac settlement dates on and after April 2, 2020.
-
News Articles | December 20, 2019
New IRS Information on Taxpayer First Act
The Internal Revenue Service has posted new information on its website that helps clarify the application of Section 2202 of the Taxpayer First Act.
-
News Articles | December 18, 2019
Freddie Mac and Fannie Mae Publish Implementation Timeline and Supporting Documents for Revised URLA and Updated AUS Specifications
Freddie Mac and Fannie Mae (the GSEs) have published the revised implementation timeline for the redesigned Uniform Residential Loan Application (URLA) and updated automated underwriting systems (AUS). The new mandate date for the use of the redesigned URLA and AUS specifications is November 1, 2020.
-
News Articles | December 12, 2019
Taxpayer First Act and Use of Tax Return Information
The Taxpayer First Act, signed into law on July 1, 2019, includes a provision that persons receiving tax return information must obtain the express permission of taxpayers prior to disclosing it to any other person. Review our FAQs related to our documentation requirements and the Taxpayer First Act.
-
| December 3, 2019
True Lies: Reining in Reverse Occupancy
True Lies is our bimonthly series that shares real stories from the Single-Family Fraud Risk team’s experiences in the field, to help keep you informed on current fraud trends.
-
Press Release | November 21, 2019
A New Survey Shows Generation Z Ambitious Yet Realistic About Homeownership
The dream of homeownership is alive and well within “Generation Z,” the demographic cohort following Millennials, according to a pioneering new survey from Freddie Mac (OTCQB: FMCC). The survey of respondents (ages 14-23) finds that Gen Z views homeownership as having a more positive perception of what it means to own a home than Millennials at the same age.
-
Press Release | November 15, 2019
Freddie Mac to Use ARRC Recommended Fallback Language for Single-Family Adjustable Rate Mortgages
Freddie Mac to Use ARRC Recommended Fallback Language for Single-Family Adjustable Rate Mortgages