LOS ANGELES—Freddie Mac has changed its seismic zoning map from its nearly 20-year-old 1997 UBC map to the 10% in 50 year PGA map that Fannie Mae uses. The move was made in an effort to stay more competitive with Fannie Mae, according to Drew McCreery, a principal and technical director at Partner Engineering and Science. The new map is more site specific, which is great news because there is less ambiguity than the previous map; however, it also may mean some increased yet relatively nominal costs. In this exclusive interview, we sat down with McCreery to explore this and other Freddie Mac changes, including its new energy loan discounts.    

GlobeSt.com: Give me an update on the key changes to the Freddie Mac energy loan program.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt. Multifamily Fall 2024Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.