The revised requirements will now be effective for mortgages with Freddie Mac settlement dates on and after November 30, 2018. Also, Seller/Servicers should note that approved mortgage insurance (MI) companies will issue new MI master policies later this year that will reflect the revised rescission relief principles Freddie Mac and Fannie Mae are mandating. In continued support of the victims of Hurricanes Irma and Maria, Fannie Mae has extended the suspension of all foreclosure sales for mortgages secured by properties in Puerto Rico and the U.S. Virgin Islands located in FEMA-declared disaster areas because of these storms, through Mar. 31, 2018. This change is effective immediately. Review Lender Letter LL-2017-11, Temporary Suspension of Foreclosure Sales in Puerto Rico and the U.S. Virgin Islands, for details.