News & Insights
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Press Release | October 23, 2019
Mortgage Translations Clearinghouse Now Includes Chinese and Spanish Language
The mortgage translations clearinghouse now includes Chinese and Spanish languages. The addition of Chinese Language helps industry and borrowers navigate the mortgage and homebuying process.
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News Articles | October 23, 2019
Mortgage Translations Clearinghouse Now Includes Chinese and Spanish Language
Addition of Chinese language helps industry and borrowers navigate the mortgage and homebuying process.
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News Articles | October 9, 2019
Extended - Form 1077/1008 Mandatory Use Date
We are extending the mandatory use date for the revised Form 1077, Uniform Underwriting and Transmittal Summary.
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Press Release | October 8, 2019
Freddie Mac Announces Single-Family Leadership Changes
Freddie Mac today announced that David Lowman has informed the company that he will be stepping down from his position as executive vice president of the Single-Family business on or about November 1, 2019. The company announced that Donna Corley, senior vice president and Single-Family chief risk officer, will be named interim head of Single-Family.
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News Articles | September 17, 2019
Freddie Mac Single-Family CRT Hits $50 Billion of Credit Risk Transferred
Freddie Mac today announced that its Single-Family Credit Risk Transfer (CRT) programs have surpassed the $50 billion mark in transferring credit risk to private investors and (re)insurers.
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News Articles | September 16, 2019
True Lies: Suspiciously Similar Paystubs
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.
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News Articles | August 29, 2019
Updated Home Possible Mortgage Requirements and Feedback Message
To provide you with more transparency that will help you make quicker decisions on your Home Possible® mortgage loans, Loan Product Advisor® will be updated to reflect Single-Family Seller/Servicer Guide Bulletin 2019-16 requirement updates. A new feedback message has been added with the effective date of September 16, 2019.
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News Articles | August 8, 2019
FHFA Provides New Requirements for Redesigned URLA
At the direction of the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac (the GSEs) announced in June 2019 that the optional use period for the redesigned Uniform Residential Loan Application (URLA) and automated underwriting system (AUS) implementations would be postponed. FHFA has now directed the GSEs to make specific modifications to the URLA form. To allow industry participants time to make the necessary changes, FHFA and the GSEs will be extending the deadlines for implementation of the URLA and AUS datasets; the mandatory use of the redesigned form and data will no longer begin on February 1, 2020.
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Press Release | July 18, 2019
Freddie Mac’s Chief Client Officer Christina K. Boyle Honored with 2019 Leadership Award from the Women in the Housing & Real Estate Ecosystem
Freddie Mac’s Chief Client Officer Christina K. Boyle Honored with 2019 Leadership Award from the Women in the Housing & Real Estate Ecosystem
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| July 15, 2019
True Lies: Beware Phantom Employers
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.