July Product Update Freddie Mac
SHARE
Mutual of Omaha Mortgage TPO Policy, Product and Pricing Update: 07-09-24–1
Policy and Process Announcement:
Freddie Mac Product Announcement 7/3/2024
Highlighted changes include:
RENTAL INCOME
Updated rental income requirements to provide additional flexibility.
CONDOMINIUM AND COOPERATIVE PROJECT OWNERSHIP OF COMMON ELEMENTS
Updated project eligibility requirements to allow Condominium Projects and Cooperative Projects to share Amenities with other residential projects.
Link to Announcement:
Freddie Product Announcement Bulletin July 3
This is not a consumer notice. This announcement is intended for notifying business to business companies of certain guideline changes when they happen.
SHARE