source:
  type: regulation
  id: fhlmc-9202.3
  authority: Freddie Mac Single-Family Seller/Servicer Guide §9202.3 — Property inspections and abandonment (09/10/25)
  description: "Freddie Mac Guide §9202.3 (Property inspections and abandonment). Gap-fill (verbatim, ID-diff).\
    \ \n"
obligations:
- id: fhlmc-9202.3-0
  canonical_id: fhlmc-9202.3-0
  section: Freddie Mac Guide 9202.3
  description: '9202.3 Property inspections and abandonment: (09/10/25) This section contains requirements related
    to: ■ What is a property inspection? ■ Documenting property inspections ■ When to order a property inspection
    ■ Results of property inspection ■ Reimbursement of property inspections (a) What is a property inspection?
    Except w…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9202.3 — Property inspections and abandonment (09/10/25)
    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: '(09/10/25) This section contains requirements related to: ■ What is a property inspection?
      ■ Documenting property inspections ■ When to order a property inspection ■ Results of property inspection
      ■ Reimbursement of property inspections (a) What is a property inspection? Except when an interior inspection
      is required (see Section 9202.3(c)(iii)), a property inspection is an exterior inspection of the property
      to determine: 1. The condition of the property 2. If there is any waste, deterioration or vandalism 3. The
      occupancy status 4. If the property has been abandoned 5. If the property is listed for sale'
    drafter_attestation: Verbatim from Freddie Guide §9202.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9202.3-1
  canonical_id: fhlmc-9202.3-1
  section: Freddie Mac Guide 9202.3
  description: '9202.3 Property inspections and abandonment: 202-13 6. If there are obvious environmental hazards
    7. If there is deferred maintenance or there are health and safety problems. The property is considered to have
    deferred maintenance when the Borrower has allowed the property condition to deteriorate to a point where general
    m…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9202.3 — Property inspections and abandonment (09/10/25)
    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: '202-13 6. If there are obvious environmental hazards 7. If there is deferred maintenance or
      there are health and safety problems. The property is considered to have deferred maintenance when the Borrower
      has allowed the property condition to deteriorate to a point where general maintenance items such as trash
      removal, painting, yard work and general repairs have not been performed. 8. If visible asset preservation
      is needed (b) Documenting property inspections (i) Form to use A Servicer must document each inspection of
      the property with an inspection report that is prepared on Form 1013, 1-4 Unit Property Inspection Report,
      or a substitute report. The substitute report can be the Servicer’s proprietary form or a form the inspection
      company performing the inspection prepares, including a computer-generated or automated form. The substitute
      form must contain all of the data elements on Form 1013. (ii) Retaining inspection reports The Servicer must
      retain the inspection reports in the Mortgage file or other form of data storage for the same period of time
      that it retains the Mortgage file. (c) When to order a property inspection The Mortgaged Premises must be
      inspected in accordance with the requirements below to determine the physical condition and occupancy status.
      The Servicer may use a third party to conduct property inspections. (i) Inspection dates The Servicer must
      order a property inspection on or after the 90th day of Delinquency and obtain the complete inspection report
      by the 120th day of Delinquency. The Servicer must continue to obtain a newly completed property inspection
      report every calendar month. No two reports may be completed within a 20-day period while the Mortgage remains
      90 days or more delinquent. However, weekly and biweekly ordinance-required property inspections (reimbursable
      under expense codes 404016 and 404017) are exempt from the 20-day limitation. (ii) Discontinuance of property
      inspections The Servicer must discontinue obtaining newly-completed property inspection reports when or upon:'
    drafter_attestation: Verbatim from Freddie Guide §9202.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9202.3-2
  canonical_id: fhlmc-9202.3-2
  section: Freddie Mac Guide 9202.3
  description: '9202.3 Property inspections and abandonment: 202-14 ■ The Servicer has achieved quality right party
    contact within the last 30 days ■ The Borrower has made a full P&I payment within the last 30 days ■ The Borrower
    has been approved for, or is performing under the terms of a reinstatement, relief option, or workout option
    ■ …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9202.3 — Property inspections and abandonment (09/10/25)
    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: '202-14 ■ The Servicer has achieved quality right party contact within the last 30 days ■ The
      Borrower has made a full P&I payment within the last 30 days ■ The Borrower has been approved for, or is performing
      under the terms of a reinstatement, relief option, or workout option ■ The Borrower has filed for bankruptcy
      and is performing under the applicable bankruptcy plan, or where otherwise performing a property inspection
      would be considered a violation of the automatic stay provision ■ The Servicer has successfully reported the
      foreclosure sale date or the deed-in-lieu of foreclosure via Resolve® pursuant to Section 9603.1(a); or ■
      The property is sold to a third party at the foreclosure sale and the foreclosure action is complete. (Note
      that, depending upon the jurisdiction, a foreclosure action may not be complete until the sale is confirmed
      or ratified.) If the property is found to be vacant or if the occupancy is unknown, property inspections must
      continue as long as the Mortgage remains 90 or more days delinquent regardless of the Servicer achieving quality
      right party contact or a prospective resolution to the Delinquency. In the event that extenuating circumstances
      cause property inspection delays, Servicers are instructed to document the mortgage file explaining the cause
      of the delays. (iii)Curbside inspections Freddie Mac does not generally consider a curbside or “drive-by”
      property inspection to be a sufficient exterior property inspection. However, Freddie Mac will permit a curbside
      inspection to be performed in the following circumstances: ■ Legal constraints due to compliance with federal,
      State or local law, including, but not limited to, an active bankruptcy by the Borrower; or ■ Personal danger
      to the inspector (iv) Abandonment or waste An abandoned property is: 1. A property to which the owner has
      voluntarily and intentionally relinquished ownership, claim and control, or 2. As otherwise defined under
      local laws. Factors evidencing abandonment include vacancy, waste, deterioration and lack of utilities.'
    drafter_attestation: Verbatim from Freddie Guide §9202.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9202.3-3
  canonical_id: fhlmc-9202.3-3
  section: Freddie Mac Guide 9202.3
  description: '9202.3 Property inspections and abandonment: 202-15 When the Servicer learns that the Mortgaged
    Premises have been abandoned or are in a severe state of deterioration, waste or disrepair that warrants a physical
    condition rating of “poor” on Form 1013, 1-4 Unit Property Inspection Report, the Servicer must take action
    as re…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9202.3 — Property inspections and abandonment (09/10/25)
    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: 202-15 When the Servicer learns that the Mortgaged Premises have been abandoned or are in a
      severe state of deterioration, waste or disrepair that warrants a physical condition rating of “poor” on Form
      1013, 1-4 Unit Property Inspection Report, the Servicer must take action as required in Section 8403.1 including,
      but not limited to, ordering a monthly property inspection, even if the Mortgage payments are less than 60
      days delinquent. In addition, if the Mortgaged Premises have been confirmed as abandoned, the Servicer must
      obtain monthly interior inspections, in accordance with the terms of the Mortgage documents and applicable
      law. (v) Property seizure Refer to the following Sections for property inspection requirements related to
      property seizure. Additional guidelines related to property seizures Topic Guide location Unsolicited disclosure
      of pre-seizure information Section 8402.1(b) Requested disclosure of pre-seizure information Section 8402.1(c)
      Government notice of property seizure to the Servicer Section 8402.2(a) (d) Results of property inspection
      Review the completed inspection report and determine if any further action is needed. Results of property
      inspection IF the property inspection indicated that the property is... THEN the Servicer must... Listed for
      sale ■ Obtain the name and telephone number of the listing broker and retain for future use ■ Enter in its
      monthly EDR, the date that it became aware that the property was listed for sale Vacant and/or not maintained
      Follow the requirements in Section 8403.1 (e) Reimbursement of property inspections
    drafter_attestation: Verbatim from Freddie Guide §9202.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9202.3-4
  canonical_id: fhlmc-9202.3-4
  section: Freddie Mac Guide 9202.3
  description: '9202.3 Property inspections and abandonment: 202-16 For each property inspection completed in accordance
    with the requirements set forth in Section 9202.3(c), Freddie Mac will reimburse the Servicer the lesser of:
    ■ The actual cost of the property inspection ■ The applicable expense limit stated in Exhibit 57, 1- to 4- Unit…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9202.3 — Property inspections and abandonment (09/10/25)
    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: '202-16 For each property inspection completed in accordance with the requirements set forth
      in Section 9202.3(c), Freddie Mac will reimburse the Servicer the lesser of: ■ The actual cost of the property
      inspection ■ The applicable expense limit stated in Exhibit 57, 1- to 4- Unit Property Approved Expense Amounts
      Note: Refer to Section 9701.2(d) for details regarding the reimbursement of property inspections.'
    drafter_attestation: Verbatim from Freddie Guide §9202.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
