source:
  type: regulation
  id: fhlmc-2404.2
  authority: Freddie Mac Single-Family Seller/Servicer Guide §2404.2 — System-Specific License for Servicing Tools
    (04/08/26)
  description: "Freddie Mac Guide §2404.2 (System-Specific License for Servicing Tools). Gap-fill (verbatim, ID-diff).\
    \ \n"
obligations:
- id: fhlmc-2404.2-0
  canonical_id: fhlmc-2404.2-0
  section: Freddie Mac Guide 2404.2
  description: '2404.2 System-Specific License for Servicing Tools: (04/08/26) This section contains requirements
    related to: ■ Scope and applicability'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §2404.2 — System-Specific License for Servicing Tools
      (04/08/26)
    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: '(04/08/26) This section contains requirements related to: ■ Scope and applicability'
    drafter_attestation: Verbatim from Freddie Guide §2404.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2404.2-1
  canonical_id: fhlmc-2404.2-1
  section: Freddie Mac Guide 2404.2
  description: '2404.2 System-Specific License for Servicing Tools: -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 §2404.2 — System-Specific License for Servicing Tools
      (04/08/26)
    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 §2404.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2404.2-2
  canonical_id: fhlmc-2404.2-2
  section: Freddie Mac Guide 2404.2
  description: '2404.2 System-Specific License for Servicing Tools: 404-5 ■ Definitions (a) Scope and applicability
    The collection of Servicing Tools identified in this Section 2404.2 and their associated services are licensed
    pursuant to this System-Specific License, other System-Specific Licenses referenced in this Section 2404.2,
    and the Maste…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §2404.2 — System-Specific License for Servicing Tools
      (04/08/26)
    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: '404-5 ■ Definitions (a) Scope and applicability The collection of Servicing Tools identified
      in this Section 2404.2 and their associated services are licensed pursuant to this System-Specific License,
      other System-Specific Licenses referenced in this Section 2404.2, and the Master Systems License. Immediately
      upon a User’s first access to any such Servicing Tool on or after the Effective Date, the Seller/Servicer
      shall be bound by this System-Specific License (and, as applicable, any other System-Specific License governing
      such System) 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 Seller/Servicer shall only access and use a System with Authentication Credentials
      and other Confidential Means of Access that are specifically assigned or provisioned to an Authorized User
      by means of a System. Notwithstanding anything to the contrary in Section 2401.1(c), the Servicer shall use
      a System only in connection with Mortgages that Freddie Mac owns or guarantees. (b) Definitions Capitalized
      terms: 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. Defined terms: The definitions
      in the table 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 Servicing Tools A
      Alternative Collateral Deal (ACD) ACD is a System licensed pursuant to this System-Specific License that Authorized
      Users may use to report on T-Deal and Z-Deals (i.e., those pertaining to reperforming and non-performing loans).
      B BPOdirect BPOdirect is a System licensed pursuant to Section 2406.1(b) and 2406.1(c).'
    drafter_attestation: Verbatim from Freddie Guide §2404.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2404.2-3
  canonical_id: fhlmc-2404.2-3
  section: Freddie Mac Guide 2404.2
  description: '2404.2 System-Specific License for Servicing Tools: -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 §2404.2 — System-Specific License for Servicing Tools
      (04/08/26)
    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 §2404.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2404.2-4
  canonical_id: fhlmc-2404.2-4
  section: Freddie Mac Guide 2404.2
  description: '2404.2 System-Specific License for Servicing Tools: 404-6 C Cash Manager Cash Manager is a System
    licensed pursuant to this System- Specific License that Authorized Users may use to receive certain reports
    that provide insight on amounts Freddie Mac will draft from the P&I Custodial Account throughout the month.
    D Default Fees App…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §2404.2 — System-Specific License for Servicing Tools
      (04/08/26)
    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: 404-6 C Cash Manager Cash Manager is a System licensed pursuant to this System- Specific License
      that Authorized Users may use to receive certain reports that provide insight on amounts Freddie Mac will
      draft from the P&I Custodial Account throughout the month. D Default Fees Appeal System (“DFAS”) DFAS is a
      System licensed pursuant to this System-Specific License that Authorized Users may use to obtain information
      regarding foreclosure-related compensatory fees, file appeals and monitor the status of Freddie Mac’s review
      of such appeals. E EDR EDR is a System licensed pursuant to this System-Specific License that Authorized Users
      may use to report required delinquency or bankruptcy data on Freddie Mac Mortgages. L Loan Level Reporting
      (“LLR”) LLR is a System licensed pursuant to this System-Specific License that Authorized Users may use to
      report monthly loan level transactions on performing and non-performing loans. P PAID (Payments Automated
      Intelligent and Dynamic) PAID is a System licensed pursuant to Chapter 2405. Post-Fund Data Correction tool
      (“PFDC”) PFDC is a System licensed pursuant to this System-Specific License that Authorized Users may use
      to correct and access data on the Seller/Servicer’s Mortgages, which data had been previously entered into
      Loan Selling Advisor®. R Real Estate Valuation and Pricing (“REVP”) REVP is a System licensed pursuant to
      this System-Specific License that Authorized Users may use to obtain estimated market values, minimum net
      proceeds for short sale transactions, and credit bid amounts for a foreclosure sale that Freddie Mac will
      accept for a third-party sale.
    drafter_attestation: Verbatim from Freddie Guide §2404.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2404.2-5
  canonical_id: fhlmc-2404.2-5
  section: Freddie Mac Guide 2404.2
  description: '2404.2 System-Specific License for Servicing Tools: -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 §2404.2 — System-Specific License for Servicing Tools
      (04/08/26)
    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 §2404.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2404.2-6
  canonical_id: fhlmc-2404.2-6
  section: Freddie Mac Guide 2404.2
  description: '2404.2 System-Specific License for Servicing Tools: 404-7 Resolve® Resolve is a System licensed
    pursuant to Section 2404.3 that Authorized Users may use to assess Borrowers for relief and workout options
    and alternatives to foreclosure and which facilitates certain reporting functionality with respect to the foregoing.
    S Servicing…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §2404.2 — System-Specific License for Servicing Tools
      (04/08/26)
    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: '404-7 Resolve® Resolve is a System licensed pursuant to Section 2404.3 that Authorized Users
      may use to assess Borrowers for relief and workout options and alternatives to foreclosure and which facilitates
      certain reporting functionality with respect to the foregoing. S Servicing Data Corrections (“SDC”) SDC is
      a System licensed pursuant to this System-Specific License that Authorized Users may use to electronically
      submit data correction requests related to adjustments to third-party foreclosure sales, short sales, charge-offs,
      mortgage modification settlements, ARM rates, modifications to principal and interest payments and rollbacks.
      Servicer Performance Profile (“SPP”) SPP is a System licensed pursuant to this System-Specific License that
      Authorized Users may use to gain insight into Servicing performance using several tools, including: ■ Servicer
      Success Scorecard – A confidential monthly performance review for all Servicers which measures a Servicer’s
      performance based on key criteria in several categories, including investor reporting and remitting, and default
      management ■ Manager Series Reports – Various reports that contain high- level summary and loan-level detail
      data to give a Servicer additional insight into its performance results, including results reflected on their
      Servicer Success Scorecard. Reports are accessible via corresponding tiles in the SPP such as “Default Reporting,”
      “Repayment Plans,” “Modifications,” “Incentives,” “Timelines,” “Liquidations,” “Foreclosures” and “REO.” Servicing
      Transfer Manager (“STM”) STM is a System licensed pursuant to this System-Specific License that Authorized
      Users may use to manage Subsequent Transfers of Servicing and Intra-Servicer Portfolio Moves (as defined by
      Section 7101.1(b)(v)). T Total MI Total MI is a System licensed pursuant to this System-Specific License that
      Authorized Users may use to manage certain mortgage insurance processes including, but not limited to, reconciliations,
      claims and cancellations.'
    drafter_attestation: Verbatim from Freddie Guide §2404.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2404.2-7
  canonical_id: fhlmc-2404.2-7
  section: Freddie Mac Guide 2404.2
  description: '2404.2 System-Specific License for Servicing Tools: -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 §2404.2 — System-Specific License for Servicing Tools
      (04/08/26)
    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 §2404.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
