source:
  type: guide
  id: fhlmc-5301.3
  authority: Freddie Mac Single-Family Seller/Servicer Guide Section 5301.3 — Note
    Date references
  description: Freddie Mac Single-Family Seller/Servicer Guide Section 5301.3 — Note
    Date references.
  coverage_tier: operative
obligations:
- id: fhlmc-5301.3-full
  canonical_id: fhlmc-5301.3-full
  section: Freddie Mac Single-Family Seller/Servicer Guide Section 5301.3 — Note Date
    references
  type: do
  tags:
  - regulator-direct
  - fhlmc
  - freddie-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide Section 5301.3 — Note
      Date references
    source_class: fhlmc-guide
    source_url: https://guide.freddiemac.com/ci-guide
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-05-23T00:27:40Z'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '5301.3: Note Date references (02/04/26) For the purposes of
      Topic 5300, all references to the Note Date refer to the modification date for
      Seller-Owned Modified Mortgages, the Conversion Date for Seller-Owned Converted
      Mortgages, the Effective Date of Permanent Financing for Construction to Permanent
      Mortgages and Renovation Mortgages, or the assumption agreement date, as applicable.
      Freddie Mac Single-Family Seller/Servicer Guide Chapter 5302 As of 05/06/26
      Page 5302-1 Chapter 5302: General Requirements for Documentation Used to Verify
      Employment and Income 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 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 5302.2:
      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 Freddie Mac Single-Family Seller/Servicer
      Guide Chapter 5302 As of 05/06/26 Page 5302-2 ■ 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: Freddie Mac Single-Family
      Seller/Servicer Guide Chapter 5302 As of 05/06/26 Page 5302-3 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: Freddie Mac Single-Family Seller/Servicer Guide Chapter 5302 As
      of 05/06/26 Page 5302-4 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 Freddie
      Mac Single-Family Seller/Servicer Guide Chapter 5302 As of 05/06/26 Page 5302-5
      (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) Freddie Mac Single-Family Seller/Servicer Guide Chapter 5302
      As of 05/06/26 Page 5302-6 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. 5302.3: 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 Freddie Mac Single-Family Seller/Servicer Guide Chapter
      5302 As of 05/06/26 Page 5302-7 ■ 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 Freddie Mac Single-Family Seller/Servicer Guide Chapter 5302
      As of 05/06/26 Page 5302-8 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. Freddie Mac Single-Family Seller/Servicer
      Guide Chapter 5302 As of 05/06/26 Page 5302-9 5302.4: Tax returns and tax return
      information: documentation and verification requirements (04/01/26) This section
      contains information related to: ■ Tax return requirements ■ Requirements for
      all Mortgages with qualifying income documented with tax returns ■ Internal
      Revenue Service (IRS) tax transcripts ■ When tax returns are required ■ Unreimbursed
      employee expenses reported on tax returns Under certain circumstances, the Taxpayer
      First Act requires that the taxpayer’s consent be obtained prior to the use
      and disclosure of the taxpayer’s tax return or tax return information to a third
      party. If taxpayer consent is required under the Act, Sellers must ensure that
      the form of consent obtained from the taxpayer permits the use and sharing of
      the tax return or tax return information with and by any actual or potential
      owners of the Mortgage, as well as their service providers, successors and assigns.
      The signed consent form must be obtained in a timely manner and placed in the
      Mortgage file in accordance with Section 3301.1(b). (a) Tax return requirements
      Tax returns must be: ■ The Borrower’s signed copy of the U.S. federal income
      tax return(s) that were most recently filed with the Internal Revenue Service
      (IRS) ■ A complete tax return, including all applicable schedules and forms
      (which includes all W-2s, K-1s and 1099s) The following are acceptable alternatives
      for the Borrower’s signature on the tax return(s): ■ Evidence the tax returns
      were filed electronically (e.g., signed Form 8879, IRS e-file Signature Authorization
      or equivalent), or ■ Tax transcripts that validate the information on the unsigned
      tax returns, or ■ A completed IRS Form 4506-C signed by the Borrower, or alternate
      form acceptable to the IRS that authorizes the release of comparable tax information
      to a third party Freddie Mac Single-Family Seller/Servicer Guide Chapter 5302
      As of 05/06/26 Page 5302-10 (b) Requirements for all Mortgages with qualifying
      income documented with tax returns The most recent federal income tax return
      is the last tax return, individual and/or business, that was filed with the
      IRS by the Borrower and, if applicable, the Borrower’s business. Sellers are
      encouraged to always confirm with the Borrower that the tax returns provided
      are the tax returns most recently filed with the IRS. The Seller must determine
      the stable monthly income which may require additional documentation and analysis.
      Refer to Section 5304.1(g) for additional guidance about self- employed income
      and supporting documentation when the tax returns for the most recent calendar
      year are not yet available. For Mortgages with qualifying income documented
      on tax returns, the following date and documentation requirements must be met,
      based on the Application Received Date and the Note Date for the Mortgage. Application
      Received Date Note Date Age of tax return and other documentation requirements
      Before: April 15 of the Note year On or after: January 1 of the Note year Before:
      May 31 of the Note year ■ Most recent federal income tax return(s) filed with
      the IRS ■ The most recent tax return(s) must be no older than the tax return(s)
      that were due to be filed prior to November 1 of the previous calendar year
      (e.g., if the Note Date is February 15, 2026, the most recent tax return(s)
      can be no older than 2024) On or after: April 15 of the Note year Before: May
      31 of the Note year If the Borrower has not filed their tax return(s) with the
      IRS for the previous calendar year (e.g., the Note Date is May 1, 2026, and
      tax return(s) for 2025 have not been filed): ■ The most recent tax returns must
      be no older than the calendar year two years before the Note year (e.g., if
      the Freddie Mac Single-Family Seller/Servicer Guide Chapter 5302 As of 05/06/26
      Page 5302-11 Application Received Date Note Date Age of tax return and other
      documentation requirements All On or after: May 31 of the Note year Before:
      November 1 of the Note year Note Date is June 1, 2026, the most recent tax returns
      can be no older than 2024) ■ The Seller must obtain: ❑ IRS confirmation verifying
      tax transcript(s) are not yet available for the tax return(s) (individual, and
      business, if applicable) from the calendar year prior to the Note year1,2; and
      ❑ Evidence of completed IRS tax filing extension(s) for the calendar year prior
      to the Note year (e.g., if using IRS tax extension forms to evidence tax filing
      extension, include IRS Form(s) 4868 and/or 7004, as applicable)3. For Mortgages
      originated using an automated income assessment using tax data for self-employed
      and/or rental income, as described in Sections 5304.2 and 5306.2, respectively,
      IRS Form(s) 4868 for individual tax returns, and IRS Form 7004 for business
      tax returns, if applicable, must be obtained and documented in the Mortgage
      file. All On or after: November 1 of the Note year On or before: December 31
      of the Note year The most recent tax return(s) must be no older than the previous
      calendar year (e.g., if the Note Date is November 15, 2026, tax returns can
      be no older than 2025), regardless of other factors such as tax filing extension
      status or IRS tax filing deadline relief status. 1 If the IRS extends the tax
      filing due date, the IRS confirmation is required for Mortgages with Application
      Received Dates on or after the IRS income tax filing due date, or May 31 of
      the Note year, whichever occurs first; and Note Dates on or after the last day
      of the month following the IRS income tax filing due date, or June 30 of the
      Note year, whichever occurs first. 2 Alternative documentation is acceptable
      in lieu of the IRS confirmation that tax transcript(s) are not yet available
      for the business tax return(s), as follows: ▪ Confirmation business tax returns
      were filed after IRS filing due date for the prior year(s) (e.g., business tax
      return in file that was due in the prior calendar year was signed later in the
      year (e.g., October)) or documentation from third-party tax return preparer
      confirming business return that would otherwise be due has not yet been filed;
      and ▪ Documented evidence of continued income stability using at least one of
      the examples listed in Section 5304.1(g) in the row labeled “Business and/or
      individual tax return(s) - most recent calendar year not yet available” Freddie
      Mac Single-Family Seller/Servicer Guide Chapter 5302 As of 05/06/26 Page 5302-12
      3 If the IRS extends the tax filing due date, evidence of the completed IRS
      tax filing extension is required for Mortgages with Application Received Dates
      on or after the IRS income tax filing due date and Note Dates on or after the
      last day of the month following the IRS income tax filing due date. (c) IRS
      tax transcripts If a tax transcript is obtained and contains information sufficient
      to meet verification requirements in Topic 5300, it may be used in lieu of other
      required documentation (e.g., IRS Form W-2); however, the information provided
      on the tax transcript often lacks certain information needed to fully evaluate
      the stable monthly income. Example: Individual rental property data, partnership
      and S corporation information is not clearly delineated in the tax transcripts.
      Conversely, the sole proprietorship information for Schedule C that is contained
      in a tax transcript may be an effective documentation alternative when reviewing
      the impact of a business loss incurred by self-employment. IRS confirmation
      verifying transcripts are not yet available for the prior calendar year are
      always recommended, and in certain instances are required. Refer to Section
      5302.4(b) for additional information about age of tax return requirements. (d)
      When tax returns are required The Seller must obtain the Borrower’s most recent
      federal income tax return(s) for certain types of income and/or employment characteristics
      if using the income to qualify the Borrower. Links to the topic specific requirements
      are provided in the table below. When tax returns are required Income types
      and/or employment characteristics Guide location Tip income – Cash and charge
      tips reported on IRS Form 4137 Section 5303.1(d)(ii) Income from employment
      by a family member, property seller, broker or other interested party to the
      transaction Section 5303.1(e) Employed income from a foreign source Section
      5303.1(e) Income reported on IRS Form 1099 for services performed Section 5303.1(e),
      Chapter 5304 Self-employed income Chapter 5304 Dividend and interest income
      Section 5305.1 Capital gains income Section 5305.1 Royalty payments Section
      5305.1 Freddie Mac Single-Family Seller/Servicer Guide Chapter 5302 As of 05/06/26
      Page 5302-13 When tax returns are required Income types and/or employment characteristics
      Guide location Trust income Section 5305.1 Non-employment/non-self-employment
      income from a foreign source Section 5305.1 Tax-exempt income (optional) Section
      5305.1 Rental income Chapter 5306 (e) Unreimbursed employee expenses reported
      on tax returns Unreimbursed employee expenses reported on the Borrower’s federal
      individual income tax returns are not required to be deducted from the Borrower’s
      income. 5302.5: Internal Revenue Service (IRS) Form 4506-C requirements for
      all income and asset qualification sources (07/02/25) This section contains
      information related to: ■ General requirements ■ Mortgages that use automated
      income assessment (a) General requirements All Borrowers whose income is used
      to qualify or whose assets are used as a basis for repayment of obligations
      pursuant to Section 5307.1 must sign Internal Revenue Service (IRS) Form 4506-C
      or an alternate form acceptable to the IRS that authorizes the release of comparable
      tax information to a third party (e.g., IRS Form 8821). The Form 4506-C must
      be signed no later than the Note Date and must be retained in the Mortgage file.
      If submitting the Form 4506-C to the IRS, the IRS must receive the Form 4506-C
      before its expiration date. The Seller must retain in the Mortgage file the
      tax documentation received back from the IRS. In addition to the requirements
      above, for Borrowers with income derived from sources in Puerto Rico, Guam or
      the U.S. Virgin Islands that are exempt from federal income taxation under the
      Internal Revenue Code, the following requirements apply: Freddie Mac Single-Family
      Seller/Servicer Guide Chapter 5302 As of 05/06/26 Page 5302-14 ■ In lieu of
      a Form 4506-C, Borrowers with income derived from sources in Puerto Rico must
      sign the most recent version of Commonwealth of Puerto Rico Form 2907 titled
      “Request For Copy of the Return, Estate or Gift Certificate of Release” (Modelo
      SC 2907 “Solicitud De Copia De Planilla, Relevo De Herencia Y De Donacion”)
      for submission to the Puerto Rico Department of the Treasury, Internal Revenue
      Area ■ Borrowers with income derived from sources in Guam or the U.S. Virgin
      Islands must sign the Form 4506-C (or an alternate form that authorizes the
      release of comparable tax information to a third party) for submission to the
      Guam Department of Taxation and Revenue or Virgin Islands Bureau of Internal
      Revenue, as applicable (b) Mortgages that use automated income assessment Mortgages
      that use automated income assessment using employed income data may comply with
      the requirements in Section 5303.4(f) if the Last Feedback Certificate indicates
      Seller’s eligibility for representation and warranty relief is “Eligible” or
      “Partial” as described in Section 5303.4(b). Mortgages that use automated income
      assessment with Loan Product Advisor using account data may comply with the
      requirements in Section 5303.5(e) and/or 5305.2(e), 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 5302.6: Automated employment
      assessment with Loan Product Advisor® (07/02/25) This section contains: ■ Overview
      ■ Eligible employment earnings using account data ■ Eligible employment earnings
      using employed income data ■ Underwriting requirements ■ Data submission requirements,
      representation and warranty relief eligibility and documentation requirements
      Freddie Mac Single-Family Seller/Servicer Guide Chapter 5302 As of 05/06/26
      Page 5302-15 (a) Overview Representation and warranty relief eligibility is
      contingent on the Seller’s compliance with the requirements of this chapter.
      Asset and income modeler (AIM) automated employment assessment provides Sellers
      with the option to use Loan Product Advisor® to determine whether the Seller
      is eligible for relief from enforcement of certain representations and warranties
      related to the Borrower’s current employment. The Seller must obtain the Borrower’s
      account or employed income data and submit all required data and information
      to Loan Product Advisor. Based on the data submitted, Loan Product Advisor will
      assess for representation and warranty relief eligibility and return the results
      of the assessment on the Feedback Certificate. (b) Eligible employment earnings
      using account data Employment earnings, as described in Section 5303.1, are
      eligible for automated employment assessment with Loan Product Advisor, except
      for Borrowers with business ownership interest(s) less than 25%. When using
      account data, the Borrower’s depository history must reflect a minimum of three
      consecutive payroll deposits from the same payor(s). (c) Eligible employment
      earnings using employed income data Employment earnings, as described in Section
      5303.1, are eligible for automated employment assessment with Loan Product Advisor,
      except for earnings with the following employment/income characteristics: ■
      Earnings of a Borrower employed by a family member, the property seller, real
      estate broker or other interested party to the transaction ■ Employed income
      from foreign sources ■ Income reported on IRS Form 1099 for services performed
      ■ Borrowers with business ownership interest(s) less than 25% (d) Underwriting
      requirements (i) General underwriting requirements The Seller must have no knowledge,
      information or documentation that contradicts an expectation that the current
      employment will continue for at least the next three years. Freddie Mac Single-Family
      Seller/Servicer Guide Chapter 5302 As of 05/06/26 Page 5302-16 In the event
      the Borrower has taken a temporary leave of absence from his or her employment:
      ■ When a verification report is obtained, the verification report must indicate
      that, as of the date of the verification report, the Borrower has returned to
      work ■ When the employed income data has been obtained from the Borrower’s paystub(s)
      and W-2 form(s), the Seller must maintain documentation in the Mortgage file
      showing the Borrower has returned to work (ii) Age of documentation For the
      age of the documentation: ■ When a verification report is obtained, the expiration
      date of the verification report reflected on the Last Feedback Certificate complies
      with the requirements in Section 5102.4 ■ When the employed income data has
      been obtained from the Borrower’s paystub(s) and W-2 form(s), the paystub and
      W-2 must comply with the requirements in Section 5102.4(a) (e) Data submission
      requirements, representation and warranty relief eligibility and documentation
      requirements (i) Data submission requirements For Mortgages with an automated
      employment assessment using Loan Product Advisor, the Seller must: ■ Submit
      the most current account data or employed income data to Loan Product Advisor
      ■ Investigate and resolve any inconsistent or contradictory information between
      the verification report, information contained in Form 65, Uniform Residential
      Loan Application (including the Borrower’s income and employment representations),
      and the Mortgage file and, if applicable, resubmit the correct information to
      Loan Product Advisor ■ Resubmit the data to Loan Product Advisor if an updated
      verification report or paystub(s) is obtained after the initial submission (A)
      Automated employment assessment with Loan Product Advisor using account data
      Freddie Mac Single-Family Seller/Servicer Guide Chapter 5302 As of 05/06/26
      Page 5302-17 For Mortgages that are eligible for automated employment assessment
      with Loan Product Advisor using account data, the Seller must confirm: ■ Each
      account on the verification report is owned by at least one Borrower ■ The payor(s)
      is the Borrower’s current employer by using the information in the Mortgage
      file (B) Automated employment assessment with Loan Product Advisor using employed
      income data For Mortgages that are eligible for automated employment assessment
      with Loan Product Advisor using employed income data, the following requirements
      must be met: ■ The Seller must confirm that the information on the verification
      report or paystub(s) and W-2 form(s) is for the correct Borrower and employer
      ■ When a verification report is obtained, the method used to produce the verification
      report must be an automated process where the employed income data is accessed
      directly from an electronic database of employer-provided income information.
      The employed income data on the verification report cannot be obtained from
      a written, verbal or email verification of income performed by the service provider.
      (C) Automated employment assessment with Freddie Mac’s application programming
      interface (API) For Mortgages not submitted or resubmitted to Loan Product Advisor,
      the Freddie Mac API can be used to meet the 10-day pre-closing employment verification
      requirements as described in Section 5302.3. Such Mortgages are not eligible
      for relief of representations and warranties related to the Borrower’s employment.
      To obtain the API report, the Seller must: ■ Submit the Borrower’s account data
      or employed income data to the API ■ Close by the close-by date reflected in
      messaging on either the “AIM Employment API Assessment” or the “AIM Account
      Data API Assessment” ■ Maintain the “AIM Employment API Assessment” or the “AIM
      Account Data API Assessment”, as applicable, in the Mortgage file (ii) Representation
      and warranty relief results on Feedback Certificate Freddie Mac Single-Family
      Seller/Servicer Guide Chapter 5302 As of 05/06/26 Page 5302-18 If multiple Loan
      Product Advisor submissions are made, the Seller’s eligibility for representation
      and warranty relief will be based on the results on the Last Feedback Certificate.
      When employment representation and warranty eligibility results are provided
      on the Last Feedback Certificate, the representation and warranty relief available
      is described in the following table: Employment representation and warranty
      relief based on Feedback Certificate results Eligibility result Representation
      and warranty relief Eligible The Seller is relieved from enforcement of the
      following representations and warranties: 1. Borrower’s current employment through
      the close-by-date on the Feedback Certificate. The Note Date of the Mortgage
      must be on or before the close-by-date reflected in the Last Feedback Certificate
      for the 10-day pre-closing verification requirement to be met. 2. Accuracy and
      integrity of the data represented on the verification report Note: The Seller
      is not relieved from the representations and warranties related to the accuracy
      and integrity of the data when obtained from the Borrower’s paystub(s). Not
      eligible The Seller is not eligible for relief from enforcement of representation
      and warranties related to the Borrower’s employment. Unavailable The Seller
      is not eligible for relief from enforcement of representation and warranties
      related to the Borrower’s employment. (iii) Documentation requirements based
      on representation and warranty relief result on Feedback Certificate When employment
      representation and warranty relief eligibility results are provided on the Last
      Feedback Certificate, the documentation requirements are described in the following
      table: Freddie Mac Single-Family Seller/Servicer Guide Chapter 5302 As of 05/06/26
      Page 5302-19 Documentation requirements based on representation and warranty
      relief result on Feedback Certificate Eligibility result Employment documentation
      requirements Eligible The verification report and paystub(s), as applicable,
      must be maintained in the Mortgage file. Paystub documentation must meet the
      requirements of Section 5302.2. If the Note Date of the Mortgage is not on or
      before the close-by date on the Last Feedback Certificate, the Seller must resubmit
      to Loan Product Advisor to obtain a new close-by date or meet the requirements
      described above in 5302.6(e)(i)(C). Not eligible The employment must be verified
      and documented as required by the Guide. Unavailable The employment must be
      verified and documented as required by the Guide. Freddie Mac Single-Family
      Seller/Servicer Guide Chapter 5303 As of 05/06/26 Page 5303-1 Chapter 5303:
      Employed Income'
  judgment: false
