Freddie Mac Bulletin 2010-9

April 9th, 2010

With Single-Family Seller/Servicer Guide (Guide) Bulletin 2010-9 we are announcing that in an effort to strengthen our cash, servicing-released execution and maintain this offering as a competitive sale option for Freddie Mac Sellers, we are introducing new eligibility and approval requirements. In addition, we are updating the Guide to reflect new loan-to-value (LTV) and total LTV (TLTV) ratio requirements for Section 502 Guaranteed Rural Housing (GRH) Mortgages, and recent Mortgage Insurer changes. We are also updating the Guide to include our servicing requirements pertaining to Section 404 of the Helping Families Save Their Homes Act of 2009

To view the online Bulletin, please click here

About Safeguard
Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, Ohio and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees and a handful of contractors performing services in the Midwest, to a national company with over 700 employees. Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.

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