News & Insights
-
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.
-
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.
-
News Articles | February 27, 2020
Updates to Help Move Your LIBOR Transition Plans Forward
As you start to ramp up your preparations for the transition away from the London Interbank Offered Rate or LIBOR, we’re sharing updates that can help you better lay out your transition activities.
-
Press Release | February 25, 2020
Freddie Mac Announces 2019 SHARP Award Winners
Freddie Mac (OTCQB: FMCC) announced today the nine winners of its 2019 Servicer Honors and Rewards Program (SHARP)SM, which annually recognizes mortgage loan Servicers for superior servicing portfolio performance.
-
Press Release | February 20, 2020
Donna Corley Named Head of Freddie Mac’s Single-Family Business
Donna Corley Named Head of Freddie Mac’s Single-Family Business. Company elevates chief risk officer with 25 years of experience
-
Press Release | February 18, 2020
Freddie Mac Credit Protects $231 Billion of Single-Family Mortgages in 2019
Freddie Mac’s Single-Family business today announced that its Credit Risk Transfer (CRT) program transferred $9.1 billion of credit risk on $231 billion of single-family mortgages from U.S. taxpayers to the private sector in 2019.
-
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.