AWACSMortgage compliance intelligence from Flightline

Newrez Correspondent · Announcement 2026-072 · Published

Freddie Mac Loan Product Advisor Feedback Message Enhancements

Newrez notifies correspondent clients of automated underwriting system feedback message revisions implemented by Freddie Mac. These updates reflect previously announced policies concerning large deposit documentation and business assets used as gift funds.

InformationalEffective Sep 13, 2026All checks passedRead the announcement ↗ (opens in a new tab)

Loan impact

Summarized from the announcement · verified

Applies to: Conventional mortgages evaluated through Freddie Mac Loan Product Advisor by approved correspondent sellers.

Applies when all of these are true
  • ANDNewrez loan with a Lpa
  • ANDEngine is lpa
Addressed to
Newrez correspondent sellersFrom the publisher, not quoted from the text
Investor
NewrezFrom the publisher, not quoted from the text
Programs
Lpa only
Affected areas
Depository; Gifts; Submission
Affected documents
Automated underwriting feedback report; asset verification documentation
Effective
Sep 13, 2026
Applicability confidence
Verified: every row taken from the source text is supported by it; rows marked "from the publisher" are not quoted

Summary by AWACS. Newrez Correspondent's guide is proprietary, so AWACS does not reproduce its text. Read the official announcement ↗ (opens in a new tab)

What changed

Summarized from the announcement
RequirementPreviouslyNow
Sourcing large deposits messagingClarifiedNot statedRevised automated underwriting messages will align with updated sourcing criteria for large asset deposits.
Business assets used for gift funds messagingClarifiedNot statedSystem feedback messaging now reflects eligibility for gift funds and equity gifts originating from a related party business.

What to do

AWACS interpretation · not source language

What to review: Review the revised Loan Product Advisor feedback messages effective September 13, 2026, regarding large deposit sourcing and business assets used for gift funds to ensure underwriting alignment.

QC implications

  • Quality control should check conventional Loan Product Advisor submissions to verify that asset verification documentation aligns with updated feedback messages concerning large deposit sourcing and business asset gifts.

Source and record

Version 1 · archived

Checks

  • Source verified: Passed

    The document ID, link and publication date match the official source.

  • Quotes match the source: Passed

    Every quoted passage appears word for word in the official document.

  • Requirements backed by the source: Passed

    Anything marked required is backed by the requirement language and dates in the source.

  • In scope: Passed

    The document is about residential mortgage lending.

  • Format and labels: Passed

    The record follows the AWACS format and uses its standard labels.