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New Freddie Mac Underwriting Guidelines
Freddie Mac just announced seom new underwriting guidelines to make loans alittle easier.
1. Electronic signatures will now be allowed for certain loan application documents.
2. Certain social security number validation requirements have been eliminated. If a social security number has been validated during loan, prequalifacation, it will not be revalidated.
3. The list of 3rd party employment/income verification service providers has been broadened. Any provider may be used as long as they meet the Guide's requirements.
 
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