Freddie Mac issued Bulletin 2024-09 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac added greater specificity related to the eligibility of rental income. In addition, Freddie Mac updated project eligibility requirements to allow condominium and cooperative projects to share amenities with other residential projects. Previously, a cooperative project was not permitted to share amenities with a condominium project or a planned unit development. The revisions are effective July 3, 2024.
Click to view the Freddie Mac Guide Bulletin 2024-9: https://www.tenaco.com/wp-content/uploads/2024/07/Freddie-Mac-Guide-Bulletin-2024-9-07-03-24.pdf
