Freddie loosening their guildlines regarding rental income?

[Andy Ferrell]

My lender told me today:  "In October Freddie is changing their guidelines that even though you have no rental income history, we CAN use the rental income which we have not been able to do for a few years. "

Can anyone confirm?  Sorry if this is a repeat, but I could not find...

Thanks, Andy

[Andy Ferrell]

I found it in their last communication to lenders here: 

http://www.freddiemac.com/singlefamily/guide/bulletins/pdf/bll1512.pdf

Page 2:

Rental income

Effective for Mortgages with Settlement Dates on or after October 26, 2015, we are removing the requirement that the Borrower must have a two-year history of managing Investment Properties to use the income from a subject Investment Property or other Investment Properties owned by the Borrower for qualifying purposes...