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Our Servicing Vision: Focus on Retention, Minimize Loss and Reduce Servicer System Risk

Mike Reynolds, our new Head of Servicing, outlines his vision and goals for servicing including promoting affordable, sustainable homeownership by driving down credit losses and managing risk.

By Mike Reynolds, Freddie Mac

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  • UCD v2.0 Specification Initiative

    GSE announcement of the Uniform Closing Dataset (UCD) v2.0 Specification Initiative includes UCD Critical Edits Phase 4 and Phase 3B postponed requirements.

  • Resolve Release Summary

    Learn more about the latest and upcoming capabilities that are launching iteratively in Resolve, the new default management solution.

  • March 2024 ECO Release Includes One New Dashboard and Several Enhancements

    We’ve added a new Expanding Credit Opportunities dashboard and made enhancements to several others across ECO and Loan Advisor in ECO.

  • April 2024 LPA Release

    April’s release supports the publication of the new LPA system-to-system specification, version 5.4.00. Get more details on the new features available.

  • Communication Flows Easier Than Ever in Condo Project Advisor

    The Project Certified Submission (PCS) process in Condo Project Advisor® is merging with the Loan Advisor notifications feature.

  • February 2024 Loan Quality Advisor® Release Updates

    February releases include updates to condo projects, Loan Selling Advisor® critical edits, Home Possible® mortgage credit, and Trended Credit Data requirements

  • More Transparency for Condo
    Loan Originations

    A new form is now available for authorized HOA representatives and Freddie Mac Seller/Servicers seeking information as to whether a condominium project has been assigned a “Not Eligible” status.

  • More Clarity in Condo Project Advisor

    Now you can find more clarity into condo project eligibility with the new Project Assessment Request (PAR) Not Eligible status.

  • Trended Credit Data and March 2024 LPA Release

    We’re announcing that trended credit data will be required in LPA submissions later this year. Plus, get the latest on the March release that includes updates for AIM, specification retirement and more.

  • Loan Selling Advisor February 2024 Updates

    New ULDD Revisions page, Mandatory Cash Screen Enhancements, Condo Not Eligible Status, plus more.

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