Selling Loans to Freddie Will Soon Get Faster, But There’s a Catch

National Mortgage News, May 16, 2016–Sinnock, Bonnie

The good news for mortgage lenders: Freddie Mac will soon roll out a suite of tools that should speed loan sales to the GSE. The catch: lenders will have to wait a little longer for a related change that will reduce their liability for buying back defective loans from Freddie.