Freddie Mac Multifamily Seller/Servicer Guide Bulletin M2026-1

This document is a guide bulletin issued by Freddie Mac on February 24, 2026, detailing updates to the Multifamily Seller/Servicer Guide. It outlines changes in various areas including originating and underwriting, seller/servicer eligibility, servicing and asset management, as well as additional housekeeping items. Key updates include modifications to requirements for Forward Commitment Property Inspections, properties subject to rent regulation in New York, and mortgage transaction narrative analysis documentation. The bulletin also addresses reductions in seller/servicer application fees and clarifies requirements for permitted transfers of ownership and delegated servicer actions. Furthermore, it specifies updates to Adverse Action Notice documentation requirements and ground lease mortgage term requirements. All revisions announced are effective immediately unless otherwise noted, and additional resources are provided for detailed updates and changes to the guide chapters.