Freddie Mac Provides New Tools for Managing Law Firms

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Explore:  Freddie Mac

On November 28, Freddie Mac released new tools to help servicers select and manage law firms to handle default-related services. The new web page contains resources regarding (i) training opportunities, (ii) program facts and details, (iii) frequently asked questions, and (iv) links to current firms in the Designated Counsel Program. The new tools help implement Freddie Mac’s recent policy change that allows servicers to choose and manage their own attorneys effective June 1, 2013.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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