News & Insights
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News Articles | March 30, 2020
Fraud Watch: Recognize Phone Spoofing
Imposters posing as Freddie Mac representatives are offering consumers a low interest rate loan and other false promises.
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News Articles | March 10, 2020
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.
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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.
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| 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.
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| 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.
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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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| 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.
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Press Release | July 11, 2019
Freddie Mac Statement in Support of Transition to Secured Overnight Financing Rate for Single-Family Adjustable Rate Mortgages
The following statement was released today by Freddie Mac (OTCQB: FMCC) and is attributed to Timothy Kitt, Senior Vice President, Head of Pricing and Execution at Freddie Mac.
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News Articles | July 11, 2019
GSEs to Use ARRC Concept Paper for Single-Family SOFR Index-based ARMs
Freddie Mac and Fannie Mae (GSEs), under the guidance of the Federal Housing Finance Agency (FHFA), intend to use the framework presented in a new paper by the Alternative Reference Rate Committee (ARRC) to modify existing ARM product requirements to enable the use of the Secured Overnight Financing Rate (SOFR) as the index.