In Bulletin 2021-16, FHLMC announced that they will be limiting the scope of the pre-close borrower discussions required under FHLMC Single-Family Seller/Servicer Guide ยง 6301.4 (and first instigated last year due to the COVID-19 pandemic) to cash-out refinance transactions only. This change will apply to mortgages with Application Received Dates of June 30, 2021 or later.
We are currently reviewing this announcement to determine any impact, and evaluating any modifications, to our document library and/or systems. Any modifications we make as a result will be announced on our website (https://compliance.docutech.com/).
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