New Guide Bulletin Published
With this Multifamily Seller/Servicer Guide (Guide) Bulletin, we are announcing a few Guide changes, including:
- Updating radon testing requirements in accordance with new Exhibit 11, Radon Testing and Mitigation Standards
- Clarifying our definitions of Common Equity and Preferred Equity
- Updating the Guide to refer to the Additional Appraisal Requirements Memorandum
- Requiring seller/servicers to notify Freddie Mac when uploading new or revised documentation to the underwriting package
- Requiring the return or destruction of Freddie Mac information following seller/servicer termination
- Replacing references to Freddie Mac Customer Compliance Management with Counterparty Risk & Compliance
Read the details and other changes in this Guide Bulletin.
If you have any questions, please contact your Freddie Mac representative or email the Multifamily Guide Team.