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Home » Freddie Unveils New Servicing Guidelines
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Freddie Unveils New Servicing Guidelines

July 8, 2011
Freddie Mac late last week issued its own set of servicing guidelines in keeping with its mandate from the Federal Housing Finance Agency that mirror the guidelines that its fellow GSE Fannie Mae released in June.The FHFA’s Servicing Alignment Initiative, announced in late April, requires Fannie and Freddie to align their servicing requirements in four key areas: borrower contact, delinquency management practices, loan modifications and foreclosure timelines.
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