Announcement 2026-091 Freddie Mac Bulletin 2026-13
Freddie Mac Bulletin 2026-13
Newrez LLC "Newrez" Approved Correspondent Clients, Freddie Mac announced the following updates to the guidelines in Bulletin 2026-13 on October 7, 2026 and are effective immediately unless otherwise noted below.
ACE and ACE + PDR
Freddie Mac has expanded the eligibility of ACE and ACE + PDR to permit refinance Mortgages secured by Investment Properties with the following maximum LTV/TLTV ratios:
· No Cash Out Refinance: 75% maximum LTV/TLTV
· Cash Out Refinance: 60% maximum LTV/TLTV
Manufactured Homes on leasehold estates
Freddie Mac has updated their policy for written approval to permit Manufactured Homes on a leasehold estate. Based on this update, the current overlay will be removed and are now eligible.
Manufactured Homes in shared equity programs
The announced expansions will not be adopted and remain ineligible and on the Newrez overlay matrix.
Solar Panel Update
Freddie Mac has updated their guide to allow additional options when a UCC-1 Financing Statement for solar panels is recorded in the land records. Newrez is reviewing this update and will announce at a later date if we will adopt and the operational procedures to support this endorsement to the title insurance policy.
Maximum LTV/TLTV Ratios – Freddie Mac added references in Section 4203.1 for maximum LTV/TLTV/HTLTV ratios for CHOICEHomes and Texas Equity Section 50(a)(6) Mortgages. There are no changes to the guidelines, this is just a clarification in the guide.
Flood Insurance Requirements for Condominium Projects – Effective December 6, 2026 – Freddie Mac has added specificity regarding Condominium Project master flood insurance requirements for projects with greater than 25% commercial space. Newrez currently aligns with this policy.
Seller Owned Modified Mortgage and Seller Owned Converted Mortgage updates are not applicable as Newrez does not support these mortgage types.
GreenCHOICE updates will be effective in January 2027. Additional updates regarding these changes will be announced in a January communication.
Overlay Update
Freddie Mac – Removed Manufactured Home Leasehold Estate as ineligible.
Resource: Freddie Mac Seller Guide: Freddie Mac