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New Industry Announcements From Freddie Mac

April 5, 2002

Seller/Servicer Bulletin 2002-3. Topics includes:
Revising Balloon/Reset Mortgage;  payment via Automated Clearing House; reduce documentation

Reducing the amount of documentation required from a Borrower who received a loan modification under our loan modification program and subsequently becomes delinquent on the modified Mortgage

Updating and relocating our ARM conversion process requirements

Revising requirements regarding REO Manager and Custodial Account remittances

Industry Letter:  New York Mortgages (4/5/02)
Industry Letter: Mold in Texas (4/5/02)

Source: Freddie Mac



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