Appraisers will now have to cite the market analysis they used to support their overall market trend assumptions.

Freddie is adding loan mod functions to its Resolve system and retiring Workout Prospector. The GSE is also setting new fraud reporting requirements for lenders and servicers.

The mortgage giant has implemented a requirement that seller/servicers maintain and share records of the types of fraud they see as well as any specific fraud cases they’re aware of.

Freddie adds a new AIM provider, requires trended data in most credit reports.

FHFA and its Office of Inspector General both missed the Bureau of Fiscal Service’s faulty calculation of the agency watchdog’s yearend payroll liability.

Fannie and Freddie find a way to deal with the NAR settlement without changing the rules.

Freddie clarifies how servicers should handle COVID-19 flex modifications for borrowers who recently became delinquent. Fannie announces a tool to compute the monthly income of self-employed borrowers.

Fannie and Freddie have updated rules around employment contracts, shared appreciation and fluctuating income.

Servicers should see several enhancements to Freddie’s Resolve platform and its APIs, including a dashboard they can use to manage their pipeline and track charge-offs.

Both Fannie Mae and Freddie Mac have eased the rules that limit the use of rental income to qualify for a mortgage.