source:
  type: regulation
  id: fhlmc-5302.1
  authority: Freddie Mac Single-Family Seller/Servicer Guide §5302.1 — Introduction to documentation requirements
    (07/02/25)
  description: "Freddie Mac Guide §5302.1 (Introduction to documentation requirements). Gap-fill (verbatim, ID-diff).\
    \ \n"
obligations:
- id: fhlmc-5302.1-0
  canonical_id: fhlmc-5302.1-0
  section: Freddie Mac Guide 5302.1
  description: '5302.1 Introduction to documentation requirements: (07/02/25) For all income and each qualification
    source used to qualify the Borrower, the Seller must obtain the required documentation and verifications listed
    in the respective income sections of Topic 5300. Additional documentation may be necessary to evaluate, justify
    and exp…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §5302.1 — Introduction to documentation requirements
      (07/02/25)
    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: '(07/02/25) For all income and each qualification source used to qualify the Borrower, the
      Seller must obtain the required documentation and verifications listed in the respective income sections of
      Topic 5300. Additional documentation may be necessary to evaluate, justify and explain the qualification of
      the Borrower. This includes scenarios in which the Seller has knowledge that the documentation originally
      provided by the Borrower may not be reflective of the Borrower’s current level of income, even though the
      documentation meets the age of documentation requirements. Example: A more recent paystub may be necessary
      if, after the original paystub was provided, the Borrower’s industry was impacted by economic conditions or
      widespread business closures that could affect hours worked and income received. All documentation must be
      maintained in the Mortgage file. The documentation requirements are the same for Streamlined Accept and Standard
      Documentation. For information about general requirements for verifying documents and acceptable age of documentation,
      refer to: ■ Section 5102.3 for general requirements for verifying documents ■ Section 5102.4 for age of documentation
      requirements'
    drafter_attestation: Verbatim from Freddie Guide §5302.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-5302.1-1
  canonical_id: fhlmc-5302.1-1
  section: Freddie Mac Guide 5302.1
  description: '5302.1 Introduction to documentation requirements: Employed income documentation and verification
    requirements (05/06/26) This section contains information related to: ■ Year-to-date (YTD) paystubs ■ W-2 forms
    and alternative documentation'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §5302.1 — Introduction to documentation requirements
      (07/02/25)
    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: 'Employed income documentation and verification requirements (05/06/26) This section contains
      information related to: ■ Year-to-date (YTD) paystubs ■ W-2 forms and alternative documentation'
    drafter_attestation: Verbatim from Freddie Guide §5302.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-5302.1-2
  canonical_id: fhlmc-5302.1-2
  section: Freddie Mac Guide 5302.1
  description: '5302.1 Introduction to documentation requirements: 302-2 ■ Written verification of employment (VOE)
    ■ 10-day pre-closing verification (10-day PCV) (a) YTD paystub(s) The following table contains requirements
    and guidance pertaining to YTD paystubs: YTD paystubs Topic Requirements YTD paystubs The YTD paystub(s) must
    enable the Se…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §5302.1 — Introduction to documentation requirements
      (07/02/25)
    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: '302-2 ■ Written verification of employment (VOE) ■ 10-day pre-closing verification (10-day
      PCV) (a) YTD paystub(s) The following table contains requirements and guidance pertaining to YTD paystubs:
      YTD paystubs Topic Requirements YTD paystubs The YTD paystub(s) must enable the Seller to determine and support
      the stable monthly income used for qualification. At a minimum, the paystub must: ■ Be dated no more than
      30 days before the Application Received Date in addition to complying with the age of documentation requirements
      in Section 5102.4 ■ Clearly identify the employer’s name, the Borrower as the employee and the date issued
      ■ Show the time period covered, the current pay period dates and earnings and the complete YTD earnings YTD
      paystubs with less than the required information: When the YTD paystub does not contain the required information
      (e.g., paystubs that are handwritten or typed by the employer and do not contain YTD earnings), the Seller
      must verify the required information by obtaining additional documentation (e.g., written VOE, a review of
      payroll deposits on bank statements). (b) W-2 forms and alternative documentation W-2 form(s) must be the
      complete Internal Revenue Service (IRS) Form W-2 issued by the employer for the preceding tax year(s). The
      following table contains requirements pertaining to W-2 form alternative documentation:'
    drafter_attestation: Verbatim from Freddie Guide §5302.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-5302.1-3
  canonical_id: fhlmc-5302.1-3
  section: Freddie Mac Guide 5302.1
  description: '5302.1 Introduction to documentation requirements: 302-3 W-2 form alternative documentation Topic
    Requirements Year-end YTD paystub or military Leave and Earnings Statement The year-end YTD paystub(s) or military
    Leave and Earnings Statement may be used in lieu of the W-2 form(s) if the documentation reflects the complete
    income …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §5302.1 — Introduction to documentation requirements
      (07/02/25)
    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: '302-3 W-2 form alternative documentation Topic Requirements Year-end YTD paystub or military
      Leave and Earnings Statement The year-end YTD paystub(s) or military Leave and Earnings Statement may be used
      in lieu of the W-2 form(s) if the documentation reflects the complete income earned in the previous calendar
      year. W-2 transcript for all income and earnings types The W-2 transcript(s) may be used in lieu of the W-2
      form(s) if the transcript reflects the complete income earned in the previous calendar year. (c) Written VOE
      A written VOE must contain: ■ Signature, printed name, title and contact information (e.g., phone number)
      of the authorized employer representative who verified the information ■ The date the information was verified
      ■ Borrower’s name and employer’s name and address If the employer provides additional information, such as
      the probability of continued employment and/or income, or comments, the Seller must consider the information
      with the income and employment analysis. Note: Refer to Section 5102.3 for additional information about verifying
      documents. The following table contains additional requirements pertaining to written VOEs:'
    drafter_attestation: Verbatim from Freddie Guide §5302.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-5302.1-4
  canonical_id: fhlmc-5302.1-4
  section: Freddie Mac Guide 5302.1
  description: '5302.1 Introduction to documentation requirements: 302-4 Additional requirements for written VOEs
    Topic Requirements Current employment and income ■ Date employment began ■ Current position ■ Gross base non-fluctuating
    earnings per pay period (e.g., monthly, bi-weekly) ■ Fluctuating hourly earnings and rate of hourly pay ■ Year-t…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §5302.1 — Introduction to documentation requirements
      (07/02/25)
    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: 302-4 Additional requirements for written VOEs Topic Requirements Current employment and income
      ■ Date employment began ■ Current position ■ Gross base non-fluctuating earnings per pay period (e.g., monthly,
      bi-weekly) ■ Fluctuating hourly earnings and rate of hourly pay ■ Year-to-date earnings with paid through
      date ■ Earnings from either the most recent one- or two-year calendar period, in accordance with the requirements
      in Chapter 5303 Earnings (e.g., base non-fluctuating, fluctuating hourly, bonus, overtime, tips, commissions)
      must be split into separate categories for YTD earnings and prior year(s) earnings Current military active-
      duty employment base (basic) pay and entitlement income ■ Date employment began ■ Current position ■ Base
      (basic) monthly pay ■ Current monthly entitlement income (e.g., rations, clothing, quarters) ■ Year-to-date
      earnings with paid through date Current military reserve or National Guard income ■ Date employment began
      ■ Current position ■ YTD earnings with paid through date ■ Earnings from most recent one-year calendar period
      Previous employment and income ■ Date employment began ■ Date employment concluded ■ Position held ■ Gross
      earnings amount
    drafter_attestation: Verbatim from Freddie Guide §5302.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-5302.1-5
  canonical_id: fhlmc-5302.1-5
  section: Freddie Mac Guide 5302.1
  description: '5302.1 Introduction to documentation requirements: 302-5 (d) 10-day PCV Verification of the Borrower’s
    current employment must be obtained in accordance with the requirements of this section. The 10-day PCV, when
    required and unless otherwise noted, must be obtained no earlier than 10 Business Days before the Note Date
    and no lat…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §5302.1 — Introduction to documentation requirements
      (07/02/25)
    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: '302-5 (d) 10-day PCV Verification of the Borrower’s current employment must be obtained in
      accordance with the requirements of this section. The 10-day PCV, when required and unless otherwise noted,
      must be obtained no earlier than 10 Business Days before the Note Date and no later than the day before the
      Delivery Date. The following table contains requirements for eligible 10-day PCV types: Eligible 10-day PCV
      types 10-day PCV types Requirements Verbal verification of employment (verbal VOE) The Mortgage file must
      include Form 90, Verbal Verification of Employment, or a similar written document that includes: ■ Name of
      the Borrower, employer’s name, name and title of the individual contacted at employer, date of contact and
      the phone number used to contact the employer ■ Name of the third-party source used to obtain the phone number
      for the employer (e.g., phone directory, reliable internet source, directory assistance) ■ Borrower’s current
      employment status ■ Any additional information that was verified ■ Name, title and employer of the representative
      who contacted the Borrower’s employer and completed the verbal VOE E-mail VOE The Mortgage file must include:
      ■ An e-mail exchange with the Borrower’s employer from the independently obtained employer’s work e-mail address
      that includes: ❑ Borrower’s name and employer’s name ❑ Name and title of the individual contacted at the employer,
      date of contact and the individual’s work e- mail address ❑ Borrower’s current employment status ■ Information
      about the third-party source used to obtain the employer’s e-mail (e.g., a reliable internet source)'
    drafter_attestation: Verbatim from Freddie Guide §5302.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-5302.1-6
  canonical_id: fhlmc-5302.1-6
  section: Freddie Mac Guide 5302.1
  description: '5302.1 Introduction to documentation requirements: 302-6 Eligible 10-day PCV types 10-day PCV types
    Requirements ■ Name, title and employer of the representative who contacted the Borrower’s employer and obtained
    the e- mail verification Employment commencing after the Note Date (refer to Section 5303.2) In addition to
    a verbal V…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §5302.1 — Introduction to documentation requirements
      (07/02/25)
    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: '302-6 Eligible 10-day PCV types 10-day PCV types Requirements ■ Name, title and employer of
      the representative who contacted the Borrower’s employer and obtained the e- mail verification Employment
      commencing after the Note Date (refer to Section 5303.2) In addition to a verbal VOE or e-mail VOE, the Seller
      must confirm and include on the verbal VOE or e-mail VOE that the terms reflected on the non-contingent offer
      letter or employment contract accepted by the Borrower have not changed since the acceptance date, including
      employment start date, salary and any other relevant income or employment information used to qualify the
      Borrower. Written VOE A written VOE verifying the current employment status of the Borrower in accordance
      with the requirements of Section 5302.2(c) YTD paystub A YTD paystub that is: ■ From the pay period immediately
      preceding the Note Date ■ Dated no more than 15 Business Days before the Note Date Military Leave and Earnings
      Statement A military Leave and Earnings Statement dated no more than 120 days before the Note Date Third-party
      employment verification service provider – electronically generated Refer to Section 5302.3 for third-party
      verification requirements. Automated employment assessment with Loan Product Advisor® Refer to Section 5302.6
      for requirements.'
    drafter_attestation: Verbatim from Freddie Guide §5302.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-5302.1-7
  canonical_id: fhlmc-5302.1-7
  section: Freddie Mac Guide 5302.1
  description: '5302.1 Introduction to documentation requirements: Third-party verification service providers: employment
    and income verifications (07/02/25) This section contains information related to: ■ General requirements for
    third-party service provider verifications'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §5302.1 — Introduction to documentation requirements
      (07/02/25)
    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: 'Third-party verification service providers: employment and income verifications (07/02/25)
      This section contains information related to: ■ General requirements for third-party service provider verifications'
    drafter_attestation: Verbatim from Freddie Guide §5302.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-5302.1-8
  canonical_id: fhlmc-5302.1-8
  section: Freddie Mac Guide 5302.1
  description: '5302.1 Introduction to documentation requirements: 302-7 ■ Employment and income verifications ■
    10-day pre-closing verifications (PCV) (a) General requirements for third-party service provider verifications
    Employment, income and 10-day PCVs obtained through third-party verification service providers are acceptable
    if the follow…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §5302.1 — Introduction to documentation requirements
      (07/02/25)
    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: '302-7 ■ Employment and income verifications ■ 10-day pre-closing verifications (PCV) (a) General
      requirements for third-party service provider verifications Employment, income and 10-day PCVs obtained through
      third-party verification service providers are acceptable if the following requirements are met: ■ The verifications
      must be received by the originator directly from the third-party verification service provider ■ If any required
      information is missing, the Seller must obtain additional documentation to supplement the third-party verification
      ■ The Seller is responsible for the accuracy and integrity of the information provided by the third-party
      verification service providers ■ The Seller must verify that all third-party verification service providers
      have procedures in place to comply with quality control requests for reverification from Freddie Mac, the
      Seller and/or Servicer (b) Employment and income verifications A copy of the verification must be retained
      in the Mortgage file and: ■ Employment and income verifications must contain sufficient information to determine
      stable monthly income as required by Topic 5300 ■ If the verification is completed using employment and/or
      income information from an electronic database, the verification must evidence that the information in the
      database is no more than 35 days old Note: Refer to Section 5102.4 for more information about the age of documentation
      requirements. (i) Mortgages that use automated income assessment using employed income data Mortgages that
      use automated income assessment using employed income data may comply with the requirements in Section 5303.4(c)
      if the Last Feedback Certificate indicates Seller’s eligibility for representation and warranty relief is
      “Eligible” or “Partial” as described in Section 5303.4(d)(ii). (ii) Mortgages that use automated income assessment
      with Loan Product Advisor using account data'
    drafter_attestation: Verbatim from Freddie Guide §5302.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-5302.1-9
  canonical_id: fhlmc-5302.1-9
  section: Freddie Mac Guide 5302.1
  description: '5302.1 Introduction to documentation requirements: 302-8 Mortgages that use automated income assessment
    with Loan Product Advisor using account data may comply with the requirements in Section 5303.5(c) and/or 5305.2(c),
    as applicable, if the Mortgage: ■ Receives a Risk Class of Accept; and ■ Is underwritten using income types
    th…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §5302.1 — Introduction to documentation requirements
      (07/02/25)
    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: '302-8 Mortgages that use automated income assessment with Loan Product Advisor using account
      data may comply with the requirements in Section 5303.5(c) and/or 5305.2(c), as applicable, if the Mortgage:
      ■ Receives a Risk Class of Accept; and ■ Is underwritten using income types that are eligible for representation
      and warranty relief as described in Section 5303.5(d)(ii) and/or 5305.2(d)(ii), as applicable (c) 10-day PCVs
      Verification of the Borrower’s current employment (10-day PCV) must be obtained in accordance with the requirements
      of this section. If a third-party verification service provider is used, employment information must be verified
      and documented by the third-party verification service provider directly through the employer’s electronic
      database or the electronic database of the employer’s third-party payroll services provider. The 10-day PCV,
      when required, must be obtained no earlier than 10 Business Days before the Note Date and no later than the
      day before the Delivery Date. As stated above, the employment verification must evidence that the information
      in the database is no more than 35 days old. The employment verification must contain: ■ Name of Borrower
      ■ Name of employer ■ Borrower’s current employment status ■ Any additional information that was verified ■
      Date employment information was issued from the employer to the third-party verification services provider
      (e.g., effective date, current as of date) ■ Date verification was issued to the Seller by third-party verification
      service provider The form used by the third-party verification service provider must contain the name and
      contact information of the service provider.'
    drafter_attestation: Verbatim from Freddie Guide §5302.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
