Freddie Mac is providing additional guidance on: EDR requirements for borrowers with COVID-19 related hardships; temporary Servicer relief from certain property inspection and property preservation requirements; temporary limitations to our property valuation requirements for borrower-requested cancellations of mortgage insurance; clarified requirements for streamlined Flex Modifications evaluations for borrowers with a COVID-19 related hardship; outreach and collection techniques reminder for servicing delinquent mortgages; annual reporting deadline extension; use of Electronic Records and Signatures; and Seller/Servicer business continuity plan requirements.
