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Home » Store » News » Freddie Mac to Pave the E-Commerce Highway with Release of New E-Mortgage Specification

Freddie Mac to Pave the E-Commerce Highway with Release of New E-Mortgage Specification

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Freddie Mac late last week released its first "non-draft" specifications for electronic mortgage transactions, a step that officials say is a temporary solution while the industry sorts out complex e-mortgage issues. In November and March the government-sponsored enterprise floated draft versions of its specifications, calling for industry feedback. The GSE says it will use the latest specifications for "purchasing electronic mortgages on a case-by-case basis while the financial services industry works through the ongoing process
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