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.