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FHLMC October 20th Bulletin
Monday, 20 October 2008
Freddie Mac has released it October 20th Bulletin amending several servicing and selling requirements.

Changes announced in the Bulletin include the following:

  • Update to Exhibit 87, Servicer Education Resources, to provide current information about education materials available to Servicers.

  • For the convenience of Freddie Mac Servicers, a new e-mail box has been created to be able to immediately inform Freddie Mac if a servicer becomes aware of an approved and closed workout after the foreclosure sale results have been reported. The e-mail box is Lossmit_Reorollback@freddiemac.com

To view the Bulletin in its entirety, including changes to the Selling Guide, 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 500 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.