Freddie Mac issued Guide Bulletin 2016-14 (Bulletin). This Bulletin: updates Freddie Mac’s selling representation and warranty framework and the servicing remedies framework (including updates to the Independent Dispute Resolution (IDR) Process introduced in Bulletin 2016-1 and updates to the Impasse and Management Escalation Processes; amends the process for issuing notices of servicing defect and servicing remedy letters for title-related defects; revises eligibility requirements for the Principal Reduction Modification; and revises Freddie Mac’s evaluation model clauses and streamlined modification borrower solicitation letters to align with revisions related to the expiration of HAMP that were announced in Bulletin 2016-10.
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
