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Selling System News

Upcoming System Changes

• Upcoming changes to enable delivery of new loan-level origination data required by the Federal Housing Finance Agency

2009 Enhancements

September 2009

• New special characteristic code (SCC) H08 to identify Freddie Mac Relief Refinance Mortgages^SM – Open Access
• New security product selections for Relief Refinance Mortgages with LTVs greater than 105 percent sold through the Fixed-rate Guarantor execution
• Updated "Rate Spread" field on Form 11 and Form 13SF to reflect revised delivery requirements for rate spread data

July 2009

• System enhancements allow you to provide more loan data and better identify loans
• Net Price functionality activated July 1 for all Sellers who sell loans for cash

March 2009

• New SCCs for delivering Relief Refinance Mortgages

2008 Enhancements

December 2008

• Streamlined system enhancements to allow delivery of super conforming mortgages
• New SCC D99 to identify certain Freddie Mac-owned no cash-out refinance mortgages

April 2008

• New life cap flexibility for your Guarantor ARMs
• Added capability to sell mortgages under our fixed-rate Mini Guarantor execution

February 2008

• Future delivery requirements: New SCCs to identify third-party originated mortgages 

January 2008

• Greater flexibility with enhanced data export functionality
• More concise and detailed error messages
• New "Fee Detail" data set for Net Price Cash customers