Freddie Mac: FHLMC Guide Bulletin 2020-33: Servicing and Selling Updates

Freddie Mac: FHLMC Guide Bulletin 2020-33: Servicing and Selling Updates

Updated 11/2/20: Freddie Mac updated the effective date for the deployment of the new Unified Counterparty Experience System® from November 8, 2020 to December 7, 2020.

FHLMC Guide Bulletin 2020-42

Investor Update
August 19, 2020

Source: Freddie Mac

Review today’s Single-Family Seller/Servicer Guide (Guide) Bulletin 2020-33 to learn more about selling and servicing updates related to the following:• The new Unified Counterparty Experience System® (UCountSM), system, which replaces the current process for Seller/Servicer annual certification and change and activity reporting. The forms now used for that reporting,16SF and 1107SF, will be retired on November 8, 2020, with the launch on UCount.• eMortgages

    • Third-party eNote custody and delivery
    • Endorsements
    • Modification of eMortgages
    • eMortgage payoffs

The Bulletin also includes other updates that may be important to your business.