Freddie Mac Announces Updates to PCs for Investor Reporting Change Initiative

MCLEAN, Va., April 23, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today that, beginning in May 2019, its Investor Reporting Change Initiative (IRCI) will revise Single-Family investor reporting requirements. This includes moving the investor reporting cycle from mid-month to end-of-month and updating remittance cycles.

The company is making the changes to promote alignment and industry standards for the Uniform Mortgage Backed Security (UMBS).

IRCI updates will be effective beginning with the June 6, 2019 monthly factor/disclosure for all currently issued PCs. This initiative will also apply to the new Freddie Mac UMBS and MBS, which Freddie Mac expects it will begin issuing on June 3, 2019.

For more information regarding the IRCI changes for PCs, please refer to
or, for details on the IRCI effort, please visit

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