With this Single-Family Seller/Servicer Guide (“Guide”) Bulletin, we are making the following updates to
our Servicing requirements:

State Housing Finance Agencies (“HFAs”) mortgage assistance programs

■ Providing requirements for Servicer participation in transition assistance programs offered by HFAs
and funded by Treasury’s Innovation Fund for the Hardest Hit Housing Markets or Hardest Hit Fund

■ Consolidating all requirements related to Servicer participation in HFA mortgage assistance
programs into new Guide Section 64.12, Hardest Hit Fund

Freddie Mac Standard Modification interest rate

■ Requiring Servicers to refer to our web site at: for the interest rate that
Servicers must use to calculate the terms of the Trial Period Plan and the modification

■ Adjusting the interest rate required to calculate the terms of the Trial Period Plan and the

HAMP and HAFA initiative

■ Extending our Home Affordable Modification Program (HAMP) and Home Affordable Foreclosure
Alternatives (HAFA) initiative through December 31, 2013

■ Revising our HAMP eligibility requirements for a permanent modification to exclude Mortgages
subject to full recourse or indemnification agreements

Additional Guide updates

In addition, we are:

■ Correcting an e-mail address in Directory 5

■ Revising Guide Form 105, Multipurpose Loan Servicing Transmittal, to make the form fillable

All of the changes announced in this Bulletin are effective immediately, unless otherwise noted.

Full bulletin below…



Bulletin NUMBER: 2012-10