Freddie Mac and Fannie Mae Extend ALTA Forms Date

by Steve Zablocki, Underwriting Counsel

In case you haven’t heard, Freddie Mac and Fannie Mae extended the required date for use of the 2021 ALTA title insurance forms from January 1, 2023, to January 1, 2024. As a result, as of January 1, 2024, the 2006 ALTA policy forms will be decertified and no longer acceptable for Freddie Mac or Fannie Mae transactions.

As an accommodation, Mortgages with Note dates on or before December 31, 2023 can still use either the 2006 or 2021 ALTA policy forms.

If you have any questions or concerns regarding policy forms implementation, contact your underwriter.