News & Insights
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News Articles | March 31, 2021
Guide Bulletin 2021-11: Updated Requirements for Mortgages on Investment Properties or Second Homes
This Bulletin announces updated purchase requirements for mortgages secured by investment properties or second homes to help manage our compliance with the amended Senior Preferred Stock Purchase Agreement.
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News Articles | March 11, 2021
True Lies: A Child Support Ruse
In two recent cases, we found fraud in an unsuspected place – child support documentation used as borrower income.
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News Articles | March 3, 2021
Guide Bulletin 2021-9: Flexibilities for QC Reviews, Income, Employment Verifications and Other Updates
This Bulletin announces updates to quality control, power of attorney, income and employment verification, open-end accounts, mortgage insurance, and certificates of incumbency.
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News Articles | February 11, 2021
We’re Looking Closely at the Impacts of the PSPA Amendments
The amended PSPA includes notable requirements that may impact how you do business with us.
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News Articles | February 3, 2021
Guide Bulletin 2021-4: Updates to POA, CMT-indexed ARMs, Asset Verification and More
This Bulletin announces updates to powers of attorney, CMT-indexed and LIBOR-indexed ARMs, asset eligibility and documentation requirements, Internal Revenue Service Form 4506-T and more.
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News Articles | December 16, 2020
True Lies: When Employers Twist the Truth
Two borrowers. One employer. Different paystubs. And that was just one example of income misrepresentation across several cases we investigated.
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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 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 | April 21, 2020
ULDD Updates to Support SOFR ARM Index Transition
This announcement highlights ULDD SOFR related specification updates and implementation considerations.