source:
  type: regulation
  id: fhlmc-8302.3
  authority: Freddie Mac Single-Family Seller/Servicer Guide §8302.3 — Investor reporting and remitting (10/08/25)
  description: "Freddie Mac Guide §8302.3 (Investor reporting and remitting). Gap-fill (verbatim, ID-diff). \n"
obligations:
- id: fhlmc-8302.3-0
  canonical_id: fhlmc-8302.3-0
  section: Freddie Mac Guide 8302.3
  description: '8302.3 Investor reporting and remitting: This section contains requirements related to: ■ Transmitting
    and receiving investor accounting information ■ Pre-purchase activity ■ When Freddie Mac purchases a Mortgage
    ■ Setting up a Mortgage record ■ Purchase adjustments ■ Reporting and remitting on a newly funded Mortgage (…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8302.3 — Investor reporting and remitting (10/08/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: 'This section contains requirements related to: ■ Transmitting and receiving investor accounting
      information ■ Pre-purchase activity ■ When Freddie Mac purchases a Mortgage ■ Setting up a Mortgage record
      ■ Purchase adjustments ■ Reporting and remitting on a newly funded Mortgage (a) Transmitting and receiving
      investor accounting information Freddie Mac requires the Servicer to submit all reports to Freddie Mac via
      one of Freddie Mac’s automated systems. The Servicer’s portfolio size and available technology will help determine
      which system or combination of systems the Servicer will need. Below are the methods the Servicer may use
      to transmit loan-level data to Freddie Mac or to receive certain information from Freddie Mac:'
    drafter_attestation: Verbatim from Freddie Guide §8302.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8302.3-1
  canonical_id: fhlmc-8302.3-1
  section: Freddie Mac Guide 8302.3
  description: '8302.3 Investor reporting and remitting: 302-13 Methods available to transmit loan-level data to
    Freddie Mac Activity Media Transmit loan-level activity to Freddie Mac ■ Loan Level Reporting and Resolve® (available
    through Freddie Mac Gateway) (see Exhibit 88, Servicing Tools) ■ Internet-based transmission (GCS) ■ Other…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8302.3 — Investor reporting and remitting (10/08/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '302-13 Methods available to transmit loan-level data to Freddie Mac Activity Media Transmit
      loan-level activity to Freddie Mac ■ Loan Level Reporting and Resolve® (available through Freddie Mac Gateway)
      (see Exhibit 88, Servicing Tools) ■ Internet-based transmission (GCS) ■ Other Freddie Mac-approved reporting
      method Receive transmission confirmations from Freddie Mac ■ Loan Level Reporting and Resolve ■ Internet-based
      transmission (GCS) Receive reports and communications from Freddie Mac ■ Loan Level Reporting and Resolve
      Receive purchase statements and funding detail reports ■ Loan Selling Advisor® Freddie Mac provides the Investor
      Reporting EDI Implementation Guide as an additional resource related to investor accounting. The Servicer
      may also visit Freddie Mac Learning at https://sf.freddiemac.com/tools- learning/freddie-mac-learning/overview
      to access training resources or call Customer Service at 800-FREDDIE. (b) Pre-purchase activity Refer to the
      following chapters for Freddie Mac’s Mortgage processing and purchase requirements: Freddie Mac’s Mortgage
      processing and purchase requirements Guide topic Guide location Fixed-rate Cash Chapter 6101 ARM Cash Chapter
      6102'
    drafter_attestation: Verbatim from Freddie Guide §8302.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8302.3-2
  canonical_id: fhlmc-8302.3-2
  section: Freddie Mac Guide 8302.3
  description: '8302.3 Investor reporting and remitting: 302-14 Documentation delivery Chapter 6301 Mortgage delivery
    instructions Chapter 6302 (c) When Freddie Mac purchases a Mortgage (i) Purchase of a Mortgage When Freddie
    Mac purchases a Mortgage, it will: 1. Make the following forms and data available via Loan Selling Advisor:
    ■ F…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8302.3 — Investor reporting and remitting (10/08/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '302-14 Documentation delivery Chapter 6301 Mortgage delivery instructions Chapter 6302 (c)
      When Freddie Mac purchases a Mortgage (i) Purchase of a Mortgage When Freddie Mac purchases a Mortgage, it
      will: 1. Make the following forms and data available via Loan Selling Advisor: ■ Form 15/A/C, Loan Purchase
      Statement ■ Funding Detail Report 2. Wire the Purchase Proceeds to the Seller for a cash Purchase Contract
      or issue a security (UMBS, MBS or WAC ARM PC) for Guarantor or MultiLender Swap programs (ii) Loan Purchase
      Statement Upon purchase, Freddie Mac will make available in Loan Selling Advisor Form 15/A/C, which will summarize
      the pertinent data. Form 15/A/C will include a computation of the amount to be funded to the Seller. Depending
      on the type of purchase, the Seller may access one of the following forms in Loan Selling Advisor: 1. Loan
      Purchase Statement for Cash Sales 2. Form 15A for fixed-rate Guarantor 3. Form 15C for WAC ARM Guarantor (iii)
      Funding Detail Report Freddie Mac will make available to the Seller/Servicer a Funding Detail Report via Loan
      Selling Advisor when Freddie Mac purchases a Mortgage or when the Servicer assumes the Servicing Contract
      and related Servicing Contract Rights related to one or more of Freddie Mac’s Mortgages through a Concurrent
      Transfer of Servicing. (See Chapter 7101 for information on Transfers of Servicing.) The Funding Detail Report
      contains all of the information the Servicer needs to set up and report a Mortgage (see Section 8302.3(d)).
      (iv) Wiring the Purchase Proceeds or issuing a UMBS, MBS, WAC or ARM PC'
    drafter_attestation: Verbatim from Freddie Guide §8302.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8302.3-3
  canonical_id: fhlmc-8302.3-3
  section: Freddie Mac Guide 8302.3
  description: '8302.3 Investor reporting and remitting: 302-15 Freddie Mac will notify the Seller of Freddie Mac’s
    purchase and initiate a wire transfer to credit the Seller’s account on the Funding Date for Cash Purchase programs.
    See Section 2201.2 for additional information regarding establishing and maintaining wire transfer instr…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8302.3 — Investor reporting and remitting (10/08/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '302-15 Freddie Mac will notify the Seller of Freddie Mac’s purchase and initiate a wire transfer
      to credit the Seller’s account on the Funding Date for Cash Purchase programs. See Section 2201.2 for additional
      information regarding establishing and maintaining wire transfer instructions for cash proceeds. For Guarantor
      or certain MultiLender Swaps, Freddie Mac will issue a UMBS, MBS or WAC ARM PC; for other MultiLender Swaps,
      Freddie Mac will issue a Super (see Section 6201.1 for more information). The Seller is responsible for verifying
      the receipt of funds. If the Seller finds that the wired funds are not credited to the account by the morning
      of the next Business Day, the Seller must contact Customer Service at 800-FREDDIE. The Servicer must not use
      the Freddie Mac Custodial Account to receive sales proceeds for Mortgages sold to Freddie Mac. (d) Setting
      up a Mortgage record The Seller/Servicer may access Form 15/A/C and the Funding Detail Report through Loan
      Selling Advisor. (Call Customer Service at 800-FREDDIE to request access to Loan Selling Advisor for this
      purpose.) The Servicer must verify the data on the Funding Detail Report to the Note, Mortgage record and
      Purchase Documents and take the following actions for each newly funded Mortgage, including those related
      to a Concurrent Transfer of Servicing. For Subsequent Transfers of Servicing, the Transferor Servicer must
      supply the loan-level data to the Transferee Servicer. Upon Freddie Mac’s purchase, prompt identification
      of the accounting records for Mortgages sold to Freddie Mac is essential for accurate reporting and remitting.
      The Servicer must: 1. Identify on its Servicing system Mortgages in which Freddie Mac has an ownership interest
      2. Deposit any principal and interest and Escrow Funds to the Custodial Accounts 3. Maintain the Mortgage
      files in accordance with the requirements of Section 8101.4(c) and Chapter 3302 Note: The Freddie Mac Loan
      Level Reporting tool (see Exhibit 88, Servicing Tools) imports Mortgage files daily. If a Mortgage record
      is missing from the Freddie Mac Service Loans application, the Servicer should contact its investor reporting
      specialist or call Customer Service at 800-FREDDIE for assistance in setting up the Mortgage record. (e) Purchase
      adjustments When the information on the Funding Detail Report does not match the information on the Note or
      the Seller’s loan record, the Seller may request an adjustment to the amount Freddie Mac disbursed to purchase
      the Mortgage. The Seller must notify Freddie Mac in writing and include supporting documentation.'
    drafter_attestation: Verbatim from Freddie Guide §8302.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8302.3-4
  canonical_id: fhlmc-8302.3-4
  section: Freddie Mac Guide 8302.3
  description: '8302.3 Investor reporting and remitting: 302-16 In most circumstances Freddie Mac will not adjust
    purchase balances after the Funding Date because Freddie Mac has pooled the Mortgages for resale as UMBS, MBS
    or WAC ARM PC. However, after Freddie Mac settles and before it pools the Mortgages, Freddie Mac may be able
    to a…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8302.3 — Investor reporting and remitting (10/08/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '302-16 In most circumstances Freddie Mac will not adjust purchase balances after the Funding
      Date because Freddie Mac has pooled the Mortgages for resale as UMBS, MBS or WAC ARM PC. However, after Freddie
      Mac settles and before it pools the Mortgages, Freddie Mac may be able to adjust a purchase balance. (f) Reporting
      and remitting on a newly funded Mortgage The Mortgage balance and the timing of the Funding Date determine
      when the Servicer must report for the first time on a newly funded Mortgage. The Servicer must report on the
      newly funded Mortgage according to its Purchase Documents. When Freddie Mac purchases a Mortgage, Freddie
      Mac will pay the Seller interest on the funded principal balance at the net yield from the first of the month
      up to the Funding Date. The Servicer must ensure that it properly funds its Principal and Interest Custodial
      Account for this interest. The following table summarizes when the Servicer must report to Freddie Mac:'
    drafter_attestation: Verbatim from Freddie Guide §8302.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8302.3-5
  canonical_id: fhlmc-8302.3-5
  section: Freddie Mac Guide 8302.3
  description: '8302.3 Investor reporting and remitting: 302-17 When the Servicer must report to Freddie Mac IF
    the Funding Date is... AND the balance at the end of the Accounting Cycle... THEN Freddie Mac’s reporting requirements
    are... AND Freddie Mac’s draft requirements are... In the current Accounting Cycle Is not different from t…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8302.3 — Investor reporting and remitting (10/08/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: 302-17 When the Servicer must report to Freddie Mac IF the Funding Date is... AND the balance
      at the end of the Accounting Cycle... THEN Freddie Mac’s reporting requirements are... AND Freddie Mac’s draft
      requirements are... In the current Accounting Cycle Is not different from the funded balance Report the forecasted
      scheduled interest for the next Accounting Cycle No funds are due. The forecasted scheduled interest will
      be drafted on the P&I Draft Date in the next Accounting Cycle. Is different from the funded balance The Servicer
      must report principal and forecasted scheduled interest based on the Ending UPB If reported before the P&I
      Determination Date, Freddie Mac will draft its share of the reported principal and zero interest on the P&I
      Draft Date in the current Accounting Cycle. If reported after the P&I Determination Date, Freddie Mac will
      draft its share of the reported principal and forecasted scheduled interest on the P&I Draft Date in the next
      Accounting Cycle.
    drafter_attestation: Verbatim from Freddie Guide §8302.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8302.3-6
  canonical_id: fhlmc-8302.3-6
  section: Freddie Mac Guide 8302.3
  description: '8302.3 Investor reporting and remitting: Core concepts and Freddie Mac policies for reporting and
    drafting (12/17/25) This section contains requirements related to: ■ Definitions of terms specific to this chapter
    ■ Freddie Mac’s rights ■ Reporting and drafting ■ Freddie Mac drafting timelines ■ Availability of funds ■ D…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8302.3 — Investor reporting and remitting (10/08/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: 'Core concepts and Freddie Mac policies for reporting and drafting (12/17/25) This section
      contains requirements related to: ■ Definitions of terms specific to this chapter ■ Freddie Mac’s rights ■
      Reporting and drafting ■ Freddie Mac drafting timelines ■ Availability of funds ■ Draft dates ■ Freddie Mac
      resources related to reporting and remittance (a) Definitions of terms specific to this chapter The following
      additional terms are used in this chapter. The terms are italicized here and when they are used in the chapter.
      Defined terms for Mortgage Servicing and reporting A Active Mortgage A current or delinquent Mortgage for
      which the Servicer reports and Freddie Mac drafts payments and payoffs. B Biweekly Mortgage A Mortgage that
      is originated and delivered to Freddie Mac with a biweekly payment schedule in which the Borrower makes a
      principal and interest payment every two weeks pursuant to either the terms of the Note, a rider or a separate
      agreement.'
    drafter_attestation: Verbatim from Freddie Guide §8302.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8302.3-7
  canonical_id: fhlmc-8302.3-7
  section: Freddie Mac Guide 8302.3
  description: '8302.3 Investor reporting and remitting: 303-2 A Mortgage in which the Servicer and Borrower enter
    a biweekly payment plan in accordance with Section 8104.1(b) after the Mortgage has been sold to Freddie Mac
    is not considered a Biweekly Mortgage. C Compensating Interest For purposes of the requirements regarding Payoff
    …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8302.3 — Investor reporting and remitting (10/08/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '303-2 A Mortgage in which the Servicer and Borrower enter a biweekly payment plan in accordance
      with Section 8104.1(b) after the Mortgage has been sold to Freddie Mac is not considered a Biweekly Mortgage.
      C Compensating Interest For purposes of the requirements regarding Payoff Draft Date 18 Mortgages, “Compensating
      Interest” is interest due to Freddie Mac calculated by subtracting Exception Interest from Monthly Interest.
      The Servicer may not collect Compensating Interest from the Borrower. E Exception Interest Interest due to
      Freddie Mac calculated from the number of days from the first calendar day of the month up to, but not including,
      the exception date. The Exception Interest is calculated by multiplying the Ending UPB of the prior Accounting
      Cycle, multiplied by the Accounting Net Yield (ANY) divided by 365, multiplied by the number of days. Exception
      (or liquidation) activity Anything other than a regular monthly Principal and Interest Payment and partial
      prepayment. It includes: ■ Payoff – matured ■ Payoff – prepaid ■ Payoff – repurchase ■ Payoff – conversion
      (ARM converting to a fixed-rate Mortgage) ■ Payoff – short sale, charge-off or make-whole ■ Third party foreclosure
      sale (conventional and FHA/VA) ■ Transfer to REO ■ Deeds-in-lieu of foreclosure ■ FHA/VA foreclosure conveyance
      I Inactive Mortgage An Active Mortgage becomes an Inactive Mortgage in the Accounting Cycle in which it becomes
      120 days delinquent (four payments past due). The Servicer must change the Reporting Status to inactive either
      by selecting “inactivation” in the Freddie Mac Loan Level Reporting tool (see Exhibit 88, Servicing Tools)
      or reporting Loan Level Reporting exception code 40 (Inactivation). If the Servicer does not inactivate a
      Mortgage in the Accounting Cycle in which it becomes 120 days delinquent, Freddie Mac will inactivate the
      Mortgage. Once a Mortgage is inactivated, no monthly principal and interest will be drafted unless the Mortgage
      is partially or fully reinstated.'
    drafter_attestation: Verbatim from Freddie Guide §8302.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8302.3-8
  canonical_id: fhlmc-8302.3-8
  section: Freddie Mac Guide 8302.3
  description: '8302.3 Investor reporting and remitting: 303-3 M Monthly Interest Interest due to Freddie Mac calculated
    for the month of payoff (i.e., the exception date). The monthly interest is calculated by multiplying the Ending
    UPB of the prior Accounting Cycle, multiplied by the ANY divided by 12. P Principal and Interest Activi…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8302.3 — Investor reporting and remitting (10/08/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '303-3 M Monthly Interest Interest due to Freddie Mac calculated for the month of payoff (i.e.,
      the exception date). The monthly interest is calculated by multiplying the Ending UPB of the prior Accounting
      Cycle, multiplied by the ANY divided by 12. P Principal and Interest Activity The regular monthly Principal
      and Interest Payment due to Freddie Mac and any partial prepayment. This is also referred to as non-exception
      activity. Payoff Draft Date 18 Mortgage Mortgages delivered that reflect an “18” in the “prepayment remittance
      due days” data field in Loan Selling Advisor®. If the Payoff Date is on the first or second Business Day of
      the month and the payoff is successfully reported on the first or second Business Day of the month, Freddie
      Mac will draft funds on the 18th calendar day of that month (i.e., in the month in which payoff was successfully
      reported). If the Payoff Date is on or after the third Business Day of the month and the payoff is successfully
      reported on or after the third Business Day of the month, Freddie Mac will draft funds on the 18th calendar
      day of the month following the Payoff Date (i.e., in the month after the month in which the payoff was successfully
      reported. Note: If the 18th calendar day is a non-Business Day, funds will be drafted on the prior Business
      Day. R Reporting Status The information listed in Exhibit 60, Loan-Level Reporting Data Description, that
      the Servicer may report daily but must report to Freddie Mac at least monthly on or before the P&I Determination
      Date for all Active and Inactive Mortgages the Servicer services for Freddie Mac. (b) Freddie Mac’s rights
      Freddie Mac reserves the right to assess compensatory and other fees in accordance with the requirements of
      this chapter if the Servicer fails to comply with Freddie Mac’s reporting and drafting requirements. The compensatory
      and other fees are set forth in Sections 8303.5. (c) Reporting and drafting'
    drafter_attestation: Verbatim from Freddie Guide §8302.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-8302.3-9
  canonical_id: fhlmc-8302.3-9
  section: Freddie Mac Guide 8302.3
  description: '8302.3 Investor reporting and remitting: 303-4 Reporting is the process of transmitting the Borrower’s
    payment status of all Freddie Mac’s Mortgages via one of the Freddie Mac-approved reporting media described
    in Section 8301.2(c). The Servicer’s transmissions must be usable, accurate and timely. Based on Servicer mont…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §8302.3 — Investor reporting and remitting (10/08/25)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: 303-4 Reporting is the process of transmitting the Borrower’s payment status of all Freddie
      Mac’s Mortgages via one of the Freddie Mac-approved reporting media described in Section 8301.2(c). The Servicer’s
      transmissions must be usable, accurate and timely. Based on Servicer monthly reporting, Freddie Mac will draft
      principal and interest and payoff amounts that are due to Freddie Mac. The Servicer must report a loan-level
      transaction on a monthly basis for all Mortgages serviced for Freddie Mac. Freddie Mac considers a loan-level
      transaction to be reported when it has been transmitted by the Servicer without errors and received by Freddie
      Mac. If a Servicer does not report a loan-level transaction or does not clear all edits by the end of the
      Accounting Cycle, Freddie Mac will simulate a loan-level transaction and account for each unreported Mortgage
      as delinquent based on the last reported DDLPI. In addition, the Servicer is required to report liquidation
      activity to Freddie Mac as it occurs. (i) Monthly reporting activity Daily reporting is encouraged but not
      required. The Servicer must report a loan-level transaction for each Mortgage serviced for Freddie Mac once
      a month no later than 2:00 a.m. Eastern Time on the day following the P&I Determination Date regardless of
      whether any activity has occurred on the Mortgage. For each Mortgage, Servicers must report any revisions
      that occur after the P&I Determination Date by the end of the month plus one Business Day. In addition, Servicers
      are required to monitor daily edit reports provided by Freddie Mac and correct edits promptly, as provided
      by Section 8303.4(c). Failure to comply with Freddie Mac’s reporting requirements will result in the assessment
      of compensatory fees as set forth in Sections 8303.5(a) through 8303.5(i). (ii) Remittance cycle and Automated
      Clearing House (ACH) draft The Standard Remittance Cycle applies to all Mortgages serviced for Freddie Mac.
      Freddie Mac will initiate an ACH draft to collect monthly Principal and Interest Payments and payoffs directly
      from the Servicer’s designated Custodial Account in accordance with the requirements of this section. Monthly
      principal and interest will be drafted on the P&I Draft Date. The principal drafted will be the actual principal
      collected and reported after 2:00 a.m. Eastern Time on the day following the P&I Determination Date of the
      previous Accounting Cycle and the actual principal collected and reported to Freddie Mac no later than 2:00
      a.m. Eastern Time on the day following the P&I Determination Date of the current Accounting Cycle. Principal
      reported to Freddie Mac after 2:00 a.m. Eastern Time on the day following the P&I Determination Date will
      be drafted on the P&I Draft Date of the next Accounting Cycle. The interest drafted will be the amount of
      forecasted scheduled interest reported in the prior Accounting Cycle.
    drafter_attestation: Verbatim from Freddie Guide §8302.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
