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Questions & answers

How do I access Freddie Mac exclusionary list?

From the Loan Prospector home screen select Business Tools: Access. Exclusionary List in the tool bar menu. To access the Excel format of the Exclusionary list click the link provided. The Exclusionary list displays in Excel.

Where can I find the Freddie Mac exclusionary list?

The Freddie Mac Exclusionary List is available to Multifamily Lenders under "Quick Links" on the Originate and Underwrite and Asset Management pages.

Does Fannie Mae have an exclusionary list?

You've found yourself on the Federal Home Loan Mortgage Corporation (\u201cFreddie Mac\u201d) Exclusionary List (the \u201cList\u201d), and now Freddie Mac, Fannie Mae (Federal National Mortgage Association), and most other lenders won't allow you to participate in loans where either party has a Freddie Mac or Fannie Mae program loan.

What is an exclusionary list?

Freddie Mac Exclusionary List means the list compiled, maintained and distributed by Freddie Mac containing names and other information concerning persons or entities that are excluded or suspended from participating in transactions or doing business with Freddie Mac, either directly or indirectly or as a principal,

What is Freddie Mac LPA?

Loan Product Advisor is our enhanced automated underwriting system. It helps simplify your origination processes and provides you with greater certainty that your loans meet Freddie Mac eligibility requirements.

What was the Freddie Mac scandal?

In December 2003 Freddie Mac, the federally chartered mortgage financing giant, agreed to pay a civil penalty of $125 million and implement measures to correct its accounting and governance problems as part of a consent order with a federal regulator.