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Freddie Mac Articles from Q & A Issues:

Freddie Rules if Prior Foreclosure: I would like to know if Freddie’s rules are different than Fannie's on short sales & deed-in-lieu! - July 25, 2010
Freddie Ratios Over 45%: We have a few loans that exceed 45% DTI and we have LP Approvals. We have not funded loans over 45% because of verbiage from Freddie. Where can I find where Freddie will buy loans that exceed 45% DTI? - May 25, 2010
Freddie Condo Insurance: What is Freddie Mac's guidelines regarding Condo HO-6 policy? I looked in AllRegs but could not find anything! - April 25, 2010
Freddie Ratios: Is it true that LP does not have a maximum DTI like DU does (45 with up to 50 if there are compensating factors)? - April 25, 2010
Freddie Self-Employed: How does Freddie look at self-employed borrower who receives both W-2s and 1099 forms as a contractor? - November 25, 2009
Freddie Alimony & Child Support: A woman is getting the house in a divorce but needs to refi to remove the husband from title. Alimony will be used to qualify her. How long do we need to wait in order to count her alimony income? - October 25, 2009
Freddie Mac Subordinated Financing: What are FHLMC requirements to subordinate a second lien behind first mortgage? Does the second mortgage have at least 5-year period remaining prior to a balloon payment? - September 25, 2009
Freddie Minimum Credit Card Payments: Are we allowed to use 5% payment amount for American Express trade lines? - August 25, 2009
Freddie 125 LTV Refi: I have a client whose mother was a co-borrower when the home was purchased, but the mother has moved out. We need to refi using Freddie's 125. There are exceptions for divorce, but what about when one borrower is no longer residing in the home? - August 25, 2009
Freddie Mac Adding Person to Refinance: I have a borrower that will be doing a refinance and wants to add his brother to the deed. It is a rate and term. How soon does he need to be added to the deed before we can do a rate and term refinance? - July 25, 2009
Freddie Mac Gift Funds from LLC: Borrower wants to make a down payment of $90K and wants to use $60K from an interest free loan from a family LLC in which his father is the President. The other $30K will be a gift from his father’s personal account. Is this possible? - July 25, 2009
Freddie NOO Property Rules: My office manager said that Fannie-Freddie loans couldn't be done if the borrower owns more than 4 properties. Is that true? (Includes Mortgage Talking Points^TM flyer Working With Real Estate Investors: Know the Rules.) - June 25, 2009
Freddie Condo HO-6 Insurance: The investor wants the HO-6 endorsement to specifically state that the interior walls are covered. The insurance company will not do this because they will only cover it if the Master policy will not. What should I do? - June 25, 2009
Freddie Maximum Acreage: What is the max acreage that Fannie or Freddie will lend to on a single family purchase loan? - June 25, 2009
Freddie Home Equity Payment: When a borrower has a home equity line of credit with a ZERO balance; do we have to count the full draw payment? - May 25, 2009
Freddie Second Home: What is considered a reasonable distance from borrower's primary residence? - May 25, 2009
Leasing Current Residence: Does Freddie Mac have any stipulations if a person wants to build and keep their current home and lease it? Does Fannie require their current residence to have 30% equity to be able to obtain another mortgage? - April 25, 2009
Freddie Mac Co-Signer for Refi: Can an occupying borrower add a parent to qualify for a refinance? - March 25, 2009
Freddie Mac Interpreting Capital Gains: What documents are needed if a borrower earns his income from capital gains - like buying and selling products. (i.e. eBay) - February 25, 2009
Freddie Mac-Fannie Mae Seasoning Refinance: How long must a current owner be on title in order to refinance on a rate and term through Fannie or Freddie? (Download Fannie & Freddie Refi Seasoning, Continuity of Obligation Reference Guide) - January 25, 2009
Freddie Mac-Fannie Mae Car Expenses: How does Fannie & Freddie treat car expense deducted on Scheulde C? Can we add back expense or ignore car payment? - January 25, 2009
Freddie Mac FICO Minimum: Is there a credit score minimum for Freddie Mac new Super Conforming for a cash-out refi? - December 25, 2008
Home Valuation Code of Conduct: Will brokers be able to order their own appraisals? - October 25, 2008
Freddie Mac Primary Residence: Can a married couple obtain a 2nd primary residence loan through Freddie Mac if one of the married couple intends to live in current property and the second married person intends to live in the new purchased property? No legal separation or divorce intended, for family reasons and can no longer reside in the same house. - September 25, 2008