Reminder: Freddie Mac Investor Reporting Change Initiative (IRCI)
Cenlar will go live with Freddie Mac’s Investor Reporting Change Initiative this week. To assist with this transition we are supplying the table below again to remind you of the Freddie Mac associated MSP reports that are being sundowned, and their replacements. The May 15th Freddie Mac Accounting cutoff is the last time the existing reports will be produced for Freddie Mac Reporting.
|Existing Report||Title/ Function||New |
|ZZFP||Loan Level out of Balance||EO3123||Test of Expected Cash||Monthly at cutoff|
|Z9C3||Transmission Maintenance||EO3155||Freddie Mac LLR-M Activity||Monthly at cutoff|
|T652-1||Loan Reconciliation – Mthly Remit Summary||EO3152||Freddie Mac LLR Reporting Data||Monthly at cutoff|
|T652-3||Loan Payoff Detail Report||EO3157||Freddie Mac Liquidation Reporting||Daily based on activity|
|ZZFM||Loan Accounting Data Cross Reference (Monthly Transmission Summary)||EO3159||Freddie Mac Monthly Exception Processing Recap||Monthly at cutoff|
|P40X||Primary Cash Control (Cashbook)||S-2H3-1||Freddie Mac IRCI Custodial and Adv/Repay Activity||Daily|
Summaries of the changes to the following reports have been posted to CenAccess: P101, P102, P10N, P10P, P110, P113, P129, P130, P139, P151, P187, S210, S213, S214, S215, S24N, S280, S50Y, S548, T690, T691, T69X, and T69W.
In addition, a consolidated summary for reports involving cash movement of Default Liquidation Proceeds (DLP) is included for S50Y and S548, with reference to P102.
And lastly, to prepare and process these new enhancements, the modified reports schedule of delivery will occur by the end of day Friday, May 17th.