Freddie Mac issued Bulletin 2025-8 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac:
- Updated general responsibilities of the lender related to information security by making conforming changes to align with the updated incident notification requirements announced in Bulletin 2024-17;
- Updated requirements related to information security, business continuity, and disaster recovery;
- Updated topics related to information security that include: information security program, human resources security, network security, incident management, access management policy, granting, removing & reviewing access, authentication requirements & guidelines, and asset management;
- Increased approved servicer reimbursement amounts for attorney fees associated with uncontested foreclosures in all States listed in Guide Exhibit 57A (Approved Attorney Fees and Title Expenses);
- Adjusted reimbursement of attorney fees for uncontested foreclosures;
- Created the following new expense code categories and established maximum reimbursement limits related to foreclosure sale postponements:
- 040003 (Postponement Fee-Judicial)
- 040004 (Postponement Fee-Non-Judicial)
- 040005 (Cancel, Reset and Reschedule the Judicial Foreclosure Sale)
- Created Exhibit 57B (Approved Bankruptcy Attorney Fees) to provide a complete listing of reimbursement allowables for bankruptcy services;
- Updated the Resolve foreclosure sale reporting template by requiring servicers to complete the total debt, actual credit bid amount, attorney name, and phone number fields when reporting all foreclosure sales, including Real Estate Owned and successful 3rd-party bids;
- Updated Guide Form 75 (Reconciliation of Mortgage Portfolio) to change the column heading titled “Non-interest Bearing UPB” to “Deferred UPB” to align with terminology on the Trial Balance Report; and
- Updated chapter 1401 (Electronic Transactions) requirements.
Revisions related to information security are effective September 11, 2025. Revisions related to foreclosure sale postponements are effective for foreclosure sale postponements on or after July 28, 2025. Revisions related to Resolve updates are effective June 30, 2025. All other revisions are effective June 11, 2025.
Click to view the Freddie Mac Guide Bulletin 2025-8: https://www.tenaco.com/wp-content/uploads/2025/06/Freddie-Mac-Guide-Bulletin-2025-8-06-11-25.pdf
