Freddie Mac has released its February 17th Bulletin with amendments to its Selling and Servicing requirements.

Included in the Servicing changes are;

• Increase in the frequency of payment of Servicer workout compensation from quarterly to monthly.

• Revision and addition of information to assist Servicers in managing properties FHLMC has acquired as Real Estate Owned (REO).

• Adding two adjustment codes to Exhibit 75, Adjustment Codes for Form 104SF.

To view the full Bulletin please click on the following link.

FHLMC February 17th Bulletin