News & Insights
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News Articles | July 3, 2017
Important Update: UCD Closing Disclosure Relief
Freddie Mac and Fannie Mae (the GSEs) are providing a six-month relief from embedding the Closing Disclosure PDF within the UCD XML file. The requirement to embed the Closing Disclosure PDF in the UCD XML file will be fully enforced no earlier than April 2018.
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News Articles | June 6, 2017
UCD Implementation Update
The GSEs aim to provide clear and accurate UCD requirements to help lenders with their UCD transition. So we are updating and republishing the <em>UCD Delivery Specification</em> and other key resources.
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News Articles | January 31, 2017
Q&A with Phil Guth, Freddie Mac Vice President of Single-Family Business Development
In a Q&A, Phil Guth, Freddie Mac Vice President of Single-Family Business Development, talks about how his Community Lender Support Team delivers resources.
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News Articles | January 31, 2017
Uniform Closing Dataset Final Specification Update
There's now a six-month relief period for embedding the Closing Disclosure (PDF) within the Uniform Closing Dataset (UCD) XML file.
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News Articles | July 5, 2016
Requirements Once You've Established a Custodial Account
As a reminder, all active Freddie Mac Servicers with at least one mortgage in their portfolio must have an account at an eligible depository for principal/interest and escrow and must submit their completed Letter Agreements to Freddie Mac when establishing their custodial accounts. To make it easier for you to submit the Letter Agreement, we've created new, step-by-step How to Submit a Completed Letter Agreement instructions [pdf].
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Press Release | January 21, 2016
Freddie Mac's Kathleen Caswell to Chair Massachusetts MBA
Kathleen Caswell was inducted as Chair of the Massachusetts Mortgage Bankers Association. She has been a member of the MBA since 1991, and has held various board positions including President.
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News Articles | February 11, 2014
February 2014 UCDP Notification and UAD Update
Freddie Mac and Fannie Mae (the GSEs) are providing you with the February 2014 Uniform Collateral Data Portal® (UCDP®) Release Notification and Uniform Appraisal Dataset (UAD) Update to announce new changes. Those changes are changes to Accepted XML File Formats in UCDP, reminders on Submissions of Appraisals in the UCDP, and implementation of the Third Phase of UCDP Conversion of Fatal UAD Edits.
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News Articles | December 18, 2013
New Obtain Credit Bid Functionality Streamlines Foreclosure Sale Bidding
With Single-Family Seller/Servicer Guide Bulletin (Guide) Bulletin 2013-27, we’re introducing our new Obtain Credit Bid functionality that will provide foreclosure sale bids, referred to as credit bids, to Servicers for foreclosure sale bidding. The Obtain Credit Bid functionality is accessible through the Freddie Mac Service Loans application and must be used for all foreclosure sales occurring on or after March 17, 2014.
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News Articles | November 29, 2013
GSEs Publish ULDD Phase 3 Preview Specification
Fannie Mae and Freddie Mac (the GSEs) are publishing a joint Uniform Loan Delivery Dataset (ULDD) Phase 3 [xls] 'preview' specification to provide lenders and technology vendors with additional time to prepare for their implementation. At the direction of the Federal Housing Finance Agency (FHFA), the GSEs have worked together to identify and align on certain data delivery requirements to support the Consumer Financial Protection Bureau’s (CFPB) rule implementing the “ability to repay” (ATR) provisions of the Truth-in-Lending Act, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).
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News Articles | November 26, 2013
Update: GSEs Developing Standardized Dataset to Support CFPB’s Closing Disclosure Form
Freddie Mac and Fannie Mae (the GSEs) are working together to provide a common industry dataset to support the Consumer Financial Protection Bureau’s (CFPB) proposed Closing Disclosure form. For information about the CFPB’s Closing Disclosure form, please visit their web page, Know Before You Owe (https://www.consumerfinance.gov/know-before-you-owe/).