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Selling System News
Learn More About the Selling System Enhancements
- Upcoming changes to enable delivery of new loan-level origination data required by the Federal Housing Finance Agency
- Net Price functionality will be activated July 1 for all Sellers who sell loans for cash
2009 Enhancements
- New special characteristics codes (SCCs) for delivering the Freddie Mac Relief Refinance MortgageSM
2008 Enhancements
- Streamlined system enhancements to allow delivery of super conforming mortgages
- New SCC D99 to identify certain Freddie Mac-owned no cash-out refinance mortgages
- New life cap flexibility for your Guarantor ARMs
- Added capability to sell mortgages under our fixed-rate Mini Guarantor execution
- Future delivery requirements: New SCCs to identify third-party originated mortgages
- Greater flexibility with enhanced data export functionality
- More concise and detailed error messages
- New "Fee Detail" data set for Net Price Cash customers
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