Freddie Mac Issued Bulletin 2016-20 (Bulletin) updating the Selling Guide. The Bulletin: establishes property eligibility requirements, and updates underwriting requirements, with respect to loans secured by property with solar panels; prohibits the consideration of “trended credit data” when manually underwriting a loan; reorganizes and reformats requirements relating to a living trust borrower; requires all monthly lease payments be included in the monthly debt payment-to-income ratio (as opposed to car lease payments only); updates the Agreement for Concurrent Transfer of Servicing of Single-Family Mortgages form (Guide Form 960); amends section 7101.2 of the Selling Guide (regarding requests for a transfer of servicing) to align with operational practices; revises Guide Forms 15, 15A and 15C in the Freddie Mac Selling System; and updates Exhibit 4 and 5 with respect to uniform instruments.
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
