Freddie Mac issued Bulletin 2017-16 (Bulletin), announcing revisions to selling requirements for mortgage loans secured by properties affected by Hurricane Harvey. Pursuant to the Bulletin, Freddie Mac is amending age of documentation requirements and setting forth special collateral requirements for mortgage loans impacted by Hurricane Harvey. The special collateral requirements mandate that sellers take appropriate steps (including a property inspection) to determine whether the mortgage loan remains eligible for sale to Freddie Mac and prohibit sellers from accepting automated collateral evaluation (ACE) appraisal waivers for properties located in zip codes affected by Hurricane Harvey (unless the note is dated prior to August 25, 2017 and the property has not been adversely impacted by Hurricane Harvey). The Bulletin went into effect September 7, 2017.
FHA
FHA Revises and Streamlines Policy Established in Mortgagee Letters 2024-24 and 2025-12
FHA issued Mortgagee Letter (ML) 2025-14 revising and streamlining policy established in ML 2024-24 (Modernization of Engagement with Borrowers in Default) and providing clarifications to
June 4, 2025
