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More Freddie Mac Updates for October 2017

Freddie Mac Single-Family updates are constantly rolling out and this week comes a new batch that will be effective come October 30.

The company has updated its requirements for Debt Payment-to-Income calculations once again, continuing to tweak changes that have already been made. It has also made updates to its Form 1004D/442.

"Effective October 30, 2017, Freddie Mac and Fannie Mae (the GSEs) will support the Appraisal Update and/or Completion Report (Freddie Mac Form 442 / Fannie Mae Form 1004D) in the Uniform Collateral Data Portal® (UCDP®)," according to a brand new release from Freddie Mac.

For more news on Form 1004D/442 click here. If you would like to learn more about the tweaks to Debt Payment-to-Income click here.

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