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Freddie Mac Updates to Look Out for in 2018

Freddie Mac recently issued a Single-Family Update which provided a few points to look out for in 2018. Though fairly short, there are some pretty important bullets that you can check out below.

  • Notifying you that Workout Prospector® will be updated by February 26, 2018 to accommodate data submissions and reporting to Freddie Mac related to the new imminent default evaluation requirements.

  • Providing guidance on how to process and report imminent default data using Workout Prospector.

  • Updating the Guide to reflect the Manager Series reports and their new locations in the redesigned Servicer Performance Profile.

  • Providing information on changes announced in Guide Bulletin 2017-26 that impact Servicers.

- Freddie Mac

The points above are highlights from the larger guide bulletin which you can access by clicking on the image above.

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