Home             
  MyMBA  
Advertise   
Log in
Create Online Account  
Forgot Password
 


Welcome to MBA.

|   |   |  
Select Market Focus   
News and Media
Bulletin
PRINT |

Title: Freddie Mac Bulletin on Upcoming Changes to Delivery Fees
Source: Freddie Mac
Date: 3/14/2008

With the March 13, 2008 Single-Family Seller/Servicer Guide (Guide) Bulletin, Freddie Mac announces the following changes to our delivery fee rates:
  • Effective immediately, we are suspending implementation of the 30 basis point postsettlement delivery fee for mortgages with loan-to-value (LTV) / total LTV (TLTV) ratios greater than or equal to 80 percent and minimum Indicator Scores less than 740 announced in our February 21, 2008 Bulletin.
  • Effective for Freddie Mac settlements on or after June 1, 2008, we are:
    • Expanding our use of risk-based pricing by revising our delivery fee rate structure and delivery fee rates for cash-out refinances.
    • Implementing new LTV ratio ranges with delivery fee rates for mortgages secured by 2- to 4-unit properties.

    These delivery fee rate changes will be effective for all flow executions, and are in addition to the delivery fees and fee rate changes we have recently announced.

See Related Document to view Bulletin, March 14, 2008