Category: Freddie Mac

Waiting Period After Loan Modification

Question: How long do you need to wait to refinance a borrower who did a loan modification for a conventional loan? Answer: I’m not sure I can get you something that tells you specific dates or timelines since this topic was removed. Check out the comments below and then seek out the sections below for […]

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Requirements for Appraisal Updates After a Report is Finished

Question: When does an appraisal report need to be updated when there are only minor changes?  My previous company handled it differently than my present company, so I am confused! Answer:Fannie Mae & Freddie Mac:  There is not technically something in the selling guides that states word for word that you must update XYZ when […]

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Freddie Mac – COVID19 Updates – Condo Projects – Appraisal FAQs – ChoiceRenovation

Written by:  Lloyd Rutherford, Staff Writer Effective Immediately with all loans in Process! Rule Synopsis: Freddie Mac issued another Bulletin (2019-11) related to the COVID-19 related issues and they also updated their FAQ document to add additional questions that have cropped up due to the pandemic. Freddie Mac is taking a different approach than Fannie […]

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Beware the Spoofers! There are a lot of fraudsters calling you and pretending to be from large companies that seem legitimate but are not.  Comment below and I’ll send you some quick tips to protect you and your loved ones.

Beware the Spoofers! There are a lot of fraudsters calling you and pretending to be from large companies that seem legitimate but are not.  Comment below and I’ll send you some quick tips to protect you and your loved ones.

Related Article Title: Freddie Mac – Fraud Watch – Recognize Phone Spoofing – Dated March 30, 2020 – New MTP™ – Phone Spoofing Tricks – What You Need to Know to Protect Yourself! Written by: Lloyd Rutherford, Staff Writer This is a new fraud alert from Freddie Mac that is important to understand. Spread the […]

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Freddie Mac – Fraud Watch – Recognize Phone Spoofing – Dated March 30, 2020 – New MTP™ – Phone Spoofing Tricks – What You Need to Know to Protect Yourself!

Written by: Lloyd Rutherford, Staff Writer This is a new fraud alert from Freddie Mac that is important to understand. Spread the word to your clients. Rule Synopsis: Freddie Mac’s Fraud Risk team issues a bulletin to address a recent scam they learned of that they call “Phone Spoofing”. Interpretive Comments: What is Phone Spoofing? […]

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