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Announcement 2020-055 - Freddie Mac Co-op Updates

Effective immediately, Freddie Mac has incorporated their co-op guidelines into the Selling Guide and have updated the below guidelines. The Conforming product profiles have been updated with the following:  

  • For projects with 21 or more units, a Single Entity may not own more than 20% of the total units
  • Commercial space cannot exceed 35%

 

See Complete Co-op guidelines in the Freddie Mac Selling Guide Chapter 5705.