source:
  type: regulation
  id: fhlmc-2404.1
  authority: Freddie Mac Single-Family Seller/Servicer Guide §2404.1 — System-Specific License for Specifications
    (12/17/25)
  description: "Freddie Mac Guide §2404.1 (System-Specific License for Specifications). Gap-fill (verbatim, ID-diff).\
    \ \n"
obligations:
- id: fhlmc-2404.1-0
  canonical_id: fhlmc-2404.1-0
  section: Freddie Mac Guide 2404.1
  description: '2404.1 System-Specific License for Specifications: (12/17/25) This section contains requirements
    related to: ■ Scope and applicability ■ Definitions ■ Provision of the Specifications; development and use of
    the Interface ■ Representations and warranties (a) Scope and applicability The Specifications are licensed pursuant
    to this …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §2404.1 — System-Specific License for Specifications
      (12/17/25)
    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: '(12/17/25) This section contains requirements related to: ■ Scope and applicability ■ Definitions
      ■ Provision of the Specifications; development and use of the Interface ■ Representations and warranties (a)
      Scope and applicability The Specifications are licensed pursuant to this System-Specific License and the Master
      Systems License. Immediately upon a User’s first receipt of any Specifications on or after the Effective Date,
      the Seller/Servicer shall be bound by this System-Specific License and the Master Systems License. This System-Specific
      License is incorporated into and made a part of the Master Systems License by this reference. Any reference
      herein to the System-Specific License shall be deemed to include this System-Specific License and the Master
      Systems License. Notwithstanding any applicable Purchase Document, the Servicer shall only access and use
      a Servicing Tool with Authentication Credentials and other Confidential Means of Access that are specifically
      assigned or provisioned to an Authorized User by means of a System. (b) Definitions The definitions below
      apply for purposes of this System-Specific License. Capitalized terms used but not defined in this System-Specific
      License have the meaning set forth in the Glossary, the Master Systems License (Chapter 2401) or elsewhere
      in the Guide: Definitions related to the System-Specific License for specifications C Consumer Message A finding
      or message developed by the Seller/Servicer that is readily understood by a consumer and is made available
      to'
    drafter_attestation: Verbatim from Freddie Guide §2404.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2404.1-1
  canonical_id: fhlmc-2404.1-1
  section: Freddie Mac Guide 2404.1
  description: '2404.1 System-Specific License for Specifications: -Family Seller/Servicer Bulletin Chapter 2404
    As of 04/08/26'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §2404.1 — System-Specific License for Specifications
      (12/17/25)
    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: -Family Seller/Servicer Bulletin Chapter 2404 As of 04/08/26
    drafter_attestation: Verbatim from Freddie Guide §2404.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2404.1-2
  canonical_id: fhlmc-2404.1-2
  section: Freddie Mac Guide 2404.1
  description: '2404.1 System-Specific License for Specifications: 404-2 such consumer by the Seller/Servicer through
    the Lender Platform I Interface One or more technical or user interfaces developed, owned and/or maintained
    by or on behalf of the Seller/Servicer that enables Users to communicate with and use one or more Systems through
    the tra…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §2404.1 — System-Specific License for Specifications
      (12/17/25)
    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: '404-2 such consumer by the Seller/Servicer through the Lender Platform I Interface One or
      more technical or user interfaces developed, owned and/or maintained by or on behalf of the Seller/Servicer
      that enables Users to communicate with and use one or more Systems through the transmission and receipt of
      data and other information to and from, each such System by means of the Lender Platform L L L2C Specifications
      Any lender-to-consumer Specifications provided to the Seller/Servicer that enable it to develop Consumer Messages
      Lender Platform A custom or other Servicing technology platform (including any web-based application, software
      or system, as well as each Interface and all releases, upgrades and other modifications thereto) developed,
      owned and/or maintained by or on behalf of the Seller/Servicer Lender Test Materials The meaning is set forth
      in Section 2404.1(c)(v) S Specifications The specifications, including L2C Specifications, integration guides
      and any related technical documentation provided by or on behalf of Freddie Mac to enable the development
      and maintenance of each Interface and Consumer Message, as applicable, including any Specification Update
      Specification Update The meaning is set forth in Section 2404.1(c)(iii) (c) Provision of the Specifications;
      development and use of the Interface i. Freddie Mac may provide discrete sets of Specifications to the Seller/Servicer
      to facilitate the Seller/Servicer’s development of Consumer Messages and one or more Interfaces relating to
      one or more Systems. Each set of Specifications is incorporated into this System-Specific License by this
      reference and constitutes confidential information for purposes of Sections 1201.8 and 2401.1(g)(i). Note:
      The terms and conditions of this System-Specific License shall apply to all Specifications separately provided
      by Freddie Mac.'
    drafter_attestation: Verbatim from Freddie Guide §2404.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2404.1-3
  canonical_id: fhlmc-2404.1-3
  section: Freddie Mac Guide 2404.1
  description: '2404.1 System-Specific License for Specifications: -Family Seller/Servicer Bulletin Chapter 2404
    As of 04/08/26'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §2404.1 — System-Specific License for Specifications
      (12/17/25)
    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: -Family Seller/Servicer Bulletin Chapter 2404 As of 04/08/26
    drafter_attestation: Verbatim from Freddie Guide §2404.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2404.1-4
  canonical_id: fhlmc-2404.1-4
  section: Freddie Mac Guide 2404.1
  description: '2404.1 System-Specific License for Specifications: 404-3 ii. The Seller/Servicer shall develop and
    maintain the Interface and each Consumer Message solely and exclusively at its own direction, cost and expense,
    and shall have complete and exclusive ownership of the Interface subject to the license set forth in Section
    2404.1(c)(v…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §2404.1 — System-Specific License for Specifications
      (12/17/25)
    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: '404-3 ii. The Seller/Servicer shall develop and maintain the Interface and each Consumer Message
      solely and exclusively at its own direction, cost and expense, and shall have complete and exclusive ownership
      of the Interface subject to the license set forth in Section 2404.1(c)(vii). iii. The Seller/Servicer shall
      be solely responsible for the accuracy, technical sufficiency and functionality of the Interface. The Interface
      shall at all times comply in all respects with the Specifications, including any modifications to or replacements
      of the Specifications (each such modified or replaced version of a Specification referred to herein as a “Specification
      Update”) as Freddie Mac may undertake from time to time. iv. The Seller/Servicer shall be solely responsible
      for the accuracy of each Consumer Message, each of which shall at all times comply in all respects with (i)
      the Specifications, including the L2C Specifications, and (ii) all federal, State and local laws, rules and
      regulations applicable to a Consumer Message, including, without limitation, the Real Estate Settlement Procedures
      Act, the Truth in Lending Act, the Fair Credit Reporting Act, the Equal Credit Opportunity Act and the Home
      Mortgage Disclosure Act and each of their implementing regulations and commentary, as applicable. Freddie
      Mac has the right, but not the obligation, to review and comment on each Consumer Message. The Seller/Servicer
      shall promptly make (or cause to be made) any modifications to a Consumer Message that Freddie Mac may request,
      and in no event shall any Consumer Message contain any (x) Output, including, without limitation, any credit
      risk categorization, or (y) reference to Freddie Mac or a System which reference has not previously been approved
      in writing by an officer of Freddie Mac. v. Except as set forth below in Section 2404.1(c)(vi), the Seller/Servicer
      and Freddie Mac may mutually agree to test the Seller/Servicer’s implementation of the Specifications. In
      such event, Freddie Mac may retain a third-party vendor to perform such testing on Freddie Mac’s behalf, and
      the Seller/Servicer shall provide to Freddie Mac and/or its vendor (A) one access privilege or one copy of
      the Lender Platform, (B) one copy of each export and any other file (including any Consumer Message), along
      with any associated documentation that includes the results of the Seller/Servicer’s testing (collectively
      with the Lender Platform, the “Lender Test Materials”) and (C) reasonable assistance in such testing. The
      Seller/Servicer shall use commercially reasonable efforts to correct any defects in the Interface revealed
      by any such testing. In addition to the foregoing, the Seller/Servicer will correct any “bugs” or other defects
      in the Interface promptly after it receives notice thereof from Freddie Mac. vi. Freddie Mac periodically
      provides Specification Updates to the Seller/Servicer, which the Seller/Servicer shall implement in accordance
      with the timelines and testing requirements (if any) set forth in each Specification Update: (A) Freddie Mac
      will provide the Seller/Servicer with as much notice as is practicable under the circumstances with respect
      to each Specification Update, including any'
    drafter_attestation: Verbatim from Freddie Guide §2404.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2404.1-5
  canonical_id: fhlmc-2404.1-5
  section: Freddie Mac Guide 2404.1
  description: '2404.1 System-Specific License for Specifications: -Family Seller/Servicer Bulletin Chapter 2404
    As of 04/08/26'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §2404.1 — System-Specific License for Specifications
      (12/17/25)
    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: -Family Seller/Servicer Bulletin Chapter 2404 As of 04/08/26
    drafter_attestation: Verbatim from Freddie Guide §2404.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2404.1-6
  canonical_id: fhlmc-2404.1-6
  section: Freddie Mac Guide 2404.1
  description: '2404.1 System-Specific License for Specifications: 404-4 such update that Freddie Mac directs the
    Seller/Servicer to implement on an emergency basis (B) If Freddie Mac does not specify an implementation timeline
    for a Specification Update, the implementation date shall be ninety (90) days after publication of the Specification
    Up…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §2404.1 — System-Specific License for Specifications
      (12/17/25)
    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: '404-4 such update that Freddie Mac directs the Seller/Servicer to implement on an emergency
      basis (B) If Freddie Mac does not specify an implementation timeline for a Specification Update, the implementation
      date shall be ninety (90) days after publication of the Specification Update (C) If a Specification Update
      sets forth testing requirements, the Seller/Servicer shall not implement an associated version of its Interface
      or any related Consumer Message until Freddie Mac has successfully conducted its review and, as applicable,
      testing with the Seller/Servicer vii. The Seller/Servicer hereby grants to Freddie Mac a royalty free, nonexclusive,
      nontransferable license to use the Lender Test Materials for testing and evaluation purposes as permitted
      under this Section 2404.1(c). (d) Representations and warranties In addition to representations and warranties
      made and otherwise referenced in the Master Systems License, the Seller/Servicer represents and warrants to
      Freddie Mac that: i. The Interface will comply with the Specifications ii. Each Consumer Message will comply
      with all laws and regulations as set forth in Section 2402.1(c)(iv) iii. The Interface will accurately transmit
      to the System all data and information input into the Interface, iv. The Lender Platform will not violate
      any patents, copyrights or other proprietary rights belonging to third parties and v. The Seller/Servicer
      will use its best efforts to ensure that the Lender Platform will at all times be and remain free of computer
      viruses and any code designed to cause the System to malfunction or self-destruct or to allow unauthorized
      access or cause harm to the System'
    drafter_attestation: Verbatim from Freddie Guide §2404.1 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
