Freddie Mac issued Bulletin 2026-9 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac:

• Updated requirements related to sourcing “large deposits” to only apply when the deposit is:
  • No more than 60 calendar days preceding the application received date;
  • On or prior to the Note date; and
  • Reflected on documentation in the mortgage file;
• Expanded requirements for gift funds and gifts of equity as a source of funds to qualify the borrower to:
  • Allow the donor of these gifts be a business owned by a related person, provided the gift letter states that the related person has an ownership interest in the business and is signed by the related person with the ownership interest; and
  • Specify that the following sources of gifts are exempt from interested party contribution requirements when the donor is the property seller:
    • A related person;
    • A business owned by a related person;
    • A trust established by a related person; or
    • The estate of a related person;
• Updated project review requirements to specify that Refi Possible condominium unit mortgages and cooperative share loans must comply with the applicable “exempt from review” requirements in Section 5701.7 (Exempt for Review-Condominiums) or 5705.75 (Exempt for Review-Cooperative Projects and Cooperative Share Loans);
• For a 2- to 4-unit property, updated requirements for exhibits included with an appraisal report to only require a floor plan of the property when it is atypical or functionally obsolete for the market area;
• Updated the glossary definition for “Retail Mortgage” to specify that the involvement of a mortgage broker or a correspondent excludes a mortgage from being a retail mortgage only in cases where the mortgage broker or correspondent is not an affiliate of the lender; and
• With the refactoring of Guide Chapter 5703 announced in Bulletin 2025-7, updated language to reflect the original intent that the appraisal report “must” (previously, read “may”) contain site-built homes as comparable sales when CHOICEHomes as comparable sales are not available.

All revisions went into effect July 1, 2026.

Click to view the Freddie Mac Guide Bulletin 2026-9: https://www.tenaco.com/wp-content/uploads/2026/07/Freddie-Mac-Guide-Bulletin-2026-9-07-01-26.pdf