Freddie Mac Disaster-Related Forbearance Policy Added to Loan Coverage Advisor

October 23, 2018

Greater Insight into Selling Rep and Warranty Relief for Disaster-Impacted Loans

Loan information has been updated in search and reporting functions so you can see if your disaster-impacted loans are still eligible for early rep and warranty relief.

Loan Coverage Advisor® has been updated to include the Disaster-Related Forbearance Policy (refer to Single-Family Seller/Servicer Guide (Guide) Bulletin 2017-28) for selling reps and warranties. Now you can track reporting events and Alternative Payment Plan information for disaster-impacted loans after August 25, 2017 that meet the policy requirements defined in Guide Chapter 1301.11, for greater insight into your rep and warranty relief on those loans.

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