source:
  type: regulation
  id: fhlmc-6401.2
  authority: Freddie Mac Single-Family Seller/Servicer Guide §6401.2 — Penalty for nondelivery (09/03/25)
  description: "Freddie Mac Guide §6401.2 (Penalty for nondelivery). Gap-fill (verbatim, ID-diff). \n"
obligations:
- id: fhlmc-6401.2-0
  canonical_id: fhlmc-6401.2-0
  section: Freddie Mac Guide 6401.2
  description: '6401.2 Penalty for nondelivery: In addition to any other remedies it may have under law or in equity,
    Freddie Mac reserves the right, in its sole discretion, to take any appropriate action to protect its interest
    and enforce its'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6401.2 — Penalty for nondelivery (09/03/25)
    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: In addition to any other remedies it may have under law or in equity, Freddie Mac reserves
      the right, in its sole discretion, to take any appropriate action to protect its interest and enforce its
    drafter_attestation: Verbatim from Freddie Guide §6401.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6401.2-1
  canonical_id: fhlmc-6401.2-1
  section: Freddie Mac Guide 6401.2
  description: '6401.2 Penalty for nondelivery: 401-3 rights in the event of nondelivery under a mandatory obligation
    to deliver Mortgages under the Cash, Guarantor or MultiLender Swap programs, including, but not limited to,
    disqualification or suspension of the Seller from eligibility to sell Mortgages to Freddie Mac under C…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6401.2 — Penalty for nondelivery (09/03/25)
    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: 401-3 rights in the event of nondelivery under a mandatory obligation to deliver Mortgages
      under the Cash, Guarantor or MultiLender Swap programs, including, but not limited to, disqualification or
      suspension of the Seller from eligibility to sell Mortgages to Freddie Mac under Chapter 2301. The Seller
      can fulfill mandatory obligations to deliver Mortgages under a mandatory Purchase Contract by initiating a
      pairoff (see Section 6401.1).
    drafter_attestation: Verbatim from Freddie Guide §6401.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6401.2-2
  canonical_id: fhlmc-6401.2-2
  section: Freddie Mac Guide 6401.2
  description: '6401.2 Penalty for nondelivery: 101-1 Chapter 7101: Transfers of Servicing and Intra- Servicer Portfolio
    Moves'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6401.2 — Penalty for nondelivery (09/03/25)
    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: '101-1 Chapter 7101: Transfers of Servicing and Intra- Servicer Portfolio Moves'
    drafter_attestation: Verbatim from Freddie Guide §6401.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6401.2-3
  canonical_id: fhlmc-6401.2-3
  section: Freddie Mac Guide 6401.2
  description: '6401.2 Penalty for nondelivery: Requests for Transfers of Servicing and Intra- Servicer Portfolio
    Moves (12/17/25) This section contains requirements related to: ■ Transfer of Servicing overview ■ Submitting
    requests for Transfers of Servicing and Intra-Servicer Portfolio Moves (a) Transfer of Servicing overvie…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6401.2 — Penalty for nondelivery (09/03/25)
    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: 'Requests for Transfers of Servicing and Intra- Servicer Portfolio Moves (12/17/25) This section
      contains requirements related to: ■ Transfer of Servicing overview ■ Submitting requests for Transfers of
      Servicing and Intra-Servicer Portfolio Moves (a) Transfer of Servicing overview Subject to obtaining Freddie
      Mac’s written approval, a Transfer of Servicing can result from either: ■ A negotiation between the Transferor
      Servicer and the Transferee Servicer; or ■ Certain changes in ownership of a Seller/Servicer that result in
      a conveyance or other transfer, in effect, of the Servicing Contract Rights. The Seller/Servicer is responsible
      for: ❑ Determining when a Transfer of Servicing will occur due to an organizational change ❑ Submitting the
      appropriate request specified in this section ❑ Complying with other requirements in the Guide, as applicable
      Note: See also Section 8105.1(b) regarding Servicing compensation to a new Servicer pursuant to a Transfer
      of Servicing initiated by Freddie Mac. See Section 1402.5(e) for Transfer of Servicing requirements involving
      eMortgages. Transferors and Transferees should review and consider adopting the Servicing Transfer Management
      Checklist that includes links to the MISMO® Servicing Transfer Catalog, which includes industry standard best
      practices, checklists and templates for Servicing Transfer instructions, portfolio characteristics (i.e.,
      product, programs, loan types and other characteristics applicable to the transfer), image transfer schedules,
      required reporting, reconciliation and more. (b) Submitting requests for Transfers of Servicing and Intra-Servicer
      Portfolio Moves The Transferor Servicer and Transferee Servicer must obtain Freddie Mac’s written approval
      of each Transfer of Servicing request before the transfer takes place. In the event the'
    drafter_attestation: Verbatim from Freddie Guide §6401.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6401.2-4
  canonical_id: fhlmc-6401.2-4
  section: Freddie Mac Guide 6401.2
  description: '6401.2 Penalty for nondelivery: 101-2 Transferee Servicer is going to establish a subservicing arrangement
    with a new Servicing Agent, the Transferee Servicer and its proposed Servicing Agent must comply with the general
    Freddie Mac Servicing requirements of Chapter 8101, including submitting a complete and ful…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6401.2 — Penalty for nondelivery (09/03/25)
    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: '101-2 Transferee Servicer is going to establish a subservicing arrangement with a new Servicing
      Agent, the Transferee Servicer and its proposed Servicing Agent must comply with the general Freddie Mac Servicing
      requirements of Chapter 8101, including submitting a complete and fully executed Form 479A, Single-Family
      Servicing Agent Certification and Agreement. Freddie Mac’s prior written approval is required, regardless
      of whether the Transfer of Servicing is initiated or requested by a Servicer or any other party, such as a
      conservator, receiver or liquidator of the Servicer. On or before the Effective Date of Transfer, the Transferor
      Servicer must provide to the Transferee Servicer copies of: ■ All of the Transferor Servicer’s Purchase Documents
      applicable to the Transfer of Servicing (excluding any Credit Fees in Yield and other Credit Fees); and ■
      All of the Purchase Documents of any preceding Transferor Servicer that are applicable to the Transfer of
      Servicing (excluding any Credit Fees in Yield and other Credit Fees) For Transfers of Servicing with an Effective
      Date of Transfer prior to April 11, 2018, Transferor Servicers must provide such Purchase Documents to a Transferee
      Servicer upon such Servicer’s written request. (i) Concurrent Transfers of Servicing Before entering into
      one or more Concurrent Transfer(s) of Servicing with a specific Transferee Servicer, the Seller as Transferor
      Servicer must obtain Freddie Mac’s written approval to engage in such Transfer(s) of Servicing before entering
      into Pricing Identifier Terms or other Purchase Documents to sell the Mortgages to Freddie Mac and designate
      that particular Transferee Servicer as the Servicer of the Mortgages. Freddie Mac will monitor the financial
      condition and performance of the Transferor Servicer (Seller) and the Transferee Servicer and may, in its
      discretion, rescind or suspend approval of the Concurrent Transfer of Servicing. Prior to Effective Date of
      Transfer for any Concurrent Transfer of Servicing, the Seller as Transferor Servicer must provide to the Transferee
      Servicer any and all data related to each Mortgage. Specifically, the Seller as Transferor Servicer must inform
      the Transferee Servicer with respect to each Mortgage related to the Transfer of Servicing, specifying by
      Freddie Mac loan number whether the Mortgage: ■ Has lender-purchased mortgage insurance and the terms of such
      insurance ■ Is subject to a credit enhancement and the type of such enhancement, if any'
    drafter_attestation: Verbatim from Freddie Guide §6401.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6401.2-5
  canonical_id: fhlmc-6401.2-5
  section: Freddie Mac Guide 6401.2
  description: '6401.2 Penalty for nondelivery: 101-3 ■ Has any of the following characteristics, in which case
    the Seller as Transferor Servicer must provide the data related to such characteristic: ❑ The Mortgage was originated
    pursuant to an affordable housing initiative ❑ The Mortgage is secured by a Manufactured Home ❑ Tr…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6401.2 — Penalty for nondelivery (09/03/25)
    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: '101-3 ■ Has any of the following characteristics, in which case the Seller as Transferor Servicer
      must provide the data related to such characteristic: ❑ The Mortgage was originated pursuant to an affordable
      housing initiative ❑ The Mortgage is secured by a Manufactured Home ❑ Transfer of Servicing is restricted
      under a negotiated term of business ❑ The Mortgage is a Payoff Draft Date 18 Mortgage as defined in Section
      8303.1 ■ Has a Note that is an eNote and/or or has an eModification Agreement and, in this case, names the
      repository holding such eNote and eModification Agreement as applicable ■ Has other unique Servicing requirements,
      if applicable Freddie Mac will provide to both the Seller as Transferor Servicer a funding detail report,
      which it may share with the Transferee Servicer to aid the Transferee Servicing in its preparation of Servicing
      and accounting reports. (A) Concurrent Transfer of Servicing without bifurcation The Transferor Servicer and
      Transferee Servicer are required to complete Form 960, Agreement for Concurrent Transfer of Servicing of Single-Family
      Mortgages. A separate Form 960 is required for each Transferee Servicer. The fully executed Form 960 must
      be submitted to Freddie Mac (see Directory 3). Freddie Mac will indicate its approval, if appropriate, by
      executing and returning a copy of Form 960 to the Transferor Servicer and Transferee Servicer. The approval
      becomes effective for Mortgages delivered by Transferor Servicer as a Seller on or after the date Freddie
      Mac executes Form 960. The Form 960 remains valid until the expiration date the Transferor Servicer enters
      on Form 960. If no expiration date is provided, the Form 960 will remain in effect until terminated by Freddie
      Mac, the Transferor Servicer or the Transferee Servicer. To terminate the Form 960, the Transferor Servicer
      or Transferee Servicer must first notify the other party and then provide written notice to Freddie Mac (see
      Directory 3) at least five Business Days prior to the requested termination date. If the Transferor Servicer
      submits multiple Concurrent Transfer of Servicing requests, Freddie Mac’s approval does not constitute approval
      to exceed the amount of the Transferor Servicer’s applicable Commitment Amount. For a given Purchase Contract
      in Loan Selling Advisor®, the Seller/Transferor Servicer may designate only one Transferee Servicer and its
      applicable'
    drafter_attestation: Verbatim from Freddie Guide §6401.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6401.2-6
  canonical_id: fhlmc-6401.2-6
  section: Freddie Mac Guide 6401.2
  description: '6401.2 Penalty for nondelivery: 101-4 Seller/Servicer number and must select the execution path
    “CTOS” on the “Take Out Contract” screen in Loan Selling Advisor. Seller/Transferor Servicer and Transferee
    Servicer each agree that, by their respective execution of, and agreement to, the terms of Form 960, Seller’…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6401.2 — Penalty for nondelivery (09/03/25)
    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: 101-4 Seller/Servicer number and must select the execution path “CTOS” on the “Take Out Contract”
      screen in Loan Selling Advisor. Seller/Transferor Servicer and Transferee Servicer each agree that, by their
      respective execution of, and agreement to, the terms of Form 960, Seller’s subsequent sale of Mortgages pursuant
      to the execution path “CTOS” in Loan Selling Advisor and its selection of the applicable Seller/Servicer number
      of the Transferee Servicer binds Seller/Transferor Servicer and Transferee Servicer to the terms of fully
      executed and Freddie Mac-approved Form 960 for such Mortgages. Transferee Servicer must provide its applicable
      Seller/Servicer number to the Seller for loans to be sold under this program, as outlined in their bilateral
      Servicing Transfer Agreement. (B) Concurrent Transfers of Servicing with complete/full bifurcation – Cash-
      Released XChange® The requirements for a Concurrent Transfer of Servicing of Mortgages sold to Freddie Mac
      through Cash-Released XChange are contained in Exhibit 28A, Loan Servicing Purchase and Sale Agreement for
      Cash-Released XChange®. By executing and agreeing to the terms of Exhibit 28A, both Seller/Transferor Servicer
      and Transferee Servicer are bound by its terms for such Mortgages. Additionally, the Seller/Transferor Servicer
      must select the “Servicing Released” execution path on the “Take Out Contract” screen in Loan Selling Advisor.
      The Transferee Servicer must provide its applicable Seller/Servicer number for loans sold under this program
      in its bilateral Servicing Transfer Agreement. (C) Concurrent Transfers of Servicing with complete/full bifurcation
      – Co-Issue XChange® The requirements for a Concurrent Transfer of Servicing of Mortgages sold to Freddie Mac
      through Co-Issue XChange are contained in Exhibit 26, Agreement for Concurrent Transfer of Single-Family Mortgage
      Servicing Contract Rights With Complete/Full Bifurcation. Seller/Transferor Servicer agrees, by its selection
      of the execution path “CTOS” on the “Take Out Contract” screen in Loan Selling Advisor and selection of the
      Freddie Mac-approved Transferee Servicer and its applicable Seller/Servicer number in Loan Selling Advisor,
      that it is bound by the terms of Exhibit 26 for the Mortgages sold by Seller via the Co-Issue XChange execution
      path in Loan Selling Advisor. Transferee Servicers must enter into a separate agreement with Freddie Mac and
      provide their applicable Seller/Servicer number to both Freddie Mac and Sellers with whom they have entered
      into Exhibit 26. Transferee Servicer agrees that when a particular Seller sells Mortgages via the “CTOS” execution
      path on the “Take Out Contract” screen in Loan Selling Advisor and selects Transferee Servicer and its applicable
      Seller/Servicer number in Loan Selling Advisor as the Servicer, Transferee Servicer is bound by the terms
      of Exhibit 26 for such Mortgages. Transferee Servicer
    drafter_attestation: Verbatim from Freddie Guide §6401.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6401.2-7
  canonical_id: fhlmc-6401.2-7
  section: Freddie Mac Guide 6401.2
  description: '6401.2 Penalty for nondelivery: 101-5 must provide to Seller the Transferee Servicer’s applicable
    Seller/Servicer number for loans to be sold under this program in their bilateral Servicing Transfer Agreement.
    A model template of such an agreement is available as Exhibit 27, Loan Sale and Servicing Transfer Agr…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6401.2 — Penalty for nondelivery (09/03/25)
    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: '101-5 must provide to Seller the Transferee Servicer’s applicable Seller/Servicer number for
      loans to be sold under this program in their bilateral Servicing Transfer Agreement. A model template of such
      an agreement is available as Exhibit 27, Loan Sale and Servicing Transfer Agreement for Co-Issue XChange®
      with Complete/Full Bifurcation. (ii) Subsequent Transfers of Servicing (A) Process At least 45 days but not
      more than 60 days before the requested Effective Date of Transfer for a Subsequent Transfer of Servicing,
      the Transferor Servicer must: ■ Access the Servicing Transfer Manager tool available via Freddie Mac Gateway®
      (see Exhibit 88, Servicing Tools) ■ Under the “Manage Portfolio” tab, select “Create a new STOS” request ■
      Complete all required fields and respond to the questions designated for the Transferor Servicer, including
      selecting the Transferee Servicer ■ Submit the list of the Mortgages that are related to the Transfer of Servicing
      (the “Proposed Mortgage List”) through Servicing Transfer Manager Freddie Mac will notify the prospective
      Transferee Servicer of the requested Transfer of Servicing by e-mail using the e-mail address supplied by
      the Transferor Servicer in Servicing Transfer Manager. The Transferee Servicer must: ■ Log into Servicing
      Transfer Manager, go to the “Manage Portfolio” tab and select the Transfer of Servicing transaction that was
      proposed by the Transferor Servicer ■ Complete all fields designated to be completed by the Transferee Servicer
      for the proposed Transfer of Servicing Freddie Mac will provide both the Transferor Servicer and Transferee
      Servicer with additional data related to the Proposed Mortgage List and populate the responses to certain
      questions based on data in Freddie Mac systems that was previously supplied to Freddie Mac (e.g., by the Seller,
      prior Servicer or the Transferor Servicer). The Transferor Servicer must validate the accuracy and completeness
      of all data, the responses to all the questions and the content of the Proposed Mortgage List. Once both the
      Transferor Servicer and the Transferee Servicer have completed all fields and the Proposed Mortgage List is
      submitted, Servicing Transfer Manager will provide the Transferor Servicer and Transferee Servicer the opportunity
      to review an Electronic Agreement for Subsequent Transfer of Servicing of Single-Family Mortgages (“STOS Agreement”),
      which must be electronically signed by both'
    drafter_attestation: Verbatim from Freddie Guide §6401.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6401.2-8
  canonical_id: fhlmc-6401.2-8
  section: Freddie Mac Guide 6401.2
  description: '6401.2 Penalty for nondelivery: 101-6 Servicers, at least 45 days but not more than 60 days before
    the requested Effective Date of Transfer. The Transferor Servicer will have the capability to add or remove
    Mortgages from the Proposed Mortgage List and revalidate the responses to the various questions to ensure…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6401.2 — Penalty for nondelivery (09/03/25)
    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: '101-6 Servicers, at least 45 days but not more than 60 days before the requested Effective
      Date of Transfer. The Transferor Servicer will have the capability to add or remove Mortgages from the Proposed
      Mortgage List and revalidate the responses to the various questions to ensure they remain accurate in light
      of the added or removed Mortgages up to eight days prior to the Effective Date of Transfer. In addition, Freddie
      Mac may require the Transferor Servicer to make changes to the Proposed Mortgage List. The Transferor Servicer
      and Transferee Servicer must agree on the final list of Mortgages related to the Transfer of Servicing prior
      to the Effective Date of Transfer (“Final Mortgage List”) and, in the event there were changes to the Proposed
      Mortgage List, the Servicers must electronically execute a new STOS Agreement related to the Final Mortgage
      List no later than eight days prior to the Effective Date of Transfer. If there are no changes to the Proposed
      Mortgage List, then such list is the Final Mortgage List, and the Servicers are not required to electronically
      execute a new STOS Agreement. The Servicing Contract Rights related to any Mortgage with any of the following
      characteristics as of the day prior to the Effective Date of Transfer are not subject to any Transfer of Servicing,
      notwithstanding the inclusion of such Mortgage’s loan number on the Final Mortgage List: ■ Any Mortgage that
      has been paid off ■ Any Mortgage that is a guaranteed or insured by the FHA or VA and has a scheduled foreclosure
      sale date ■ Any Mortgage that is 90 days or more delinquent; or ■ Any Mortgage that has been previously modified
      Servicers that wish to transfer the Servicing Contract Rights related to Mortgages that are delinquent for
      90 days or more or have been previously modified must do so in accordance with the Voluntary Partial Cancellation
      process outlined in Chapter 7102. Refer to Section 1101.3 for information about costs and claims that may
      become due and payable automatically upon the execution and submission of one or more STOS requests, as defined
      in the Glossary definition of “Claims Event,” or the execution and submission of one or more STOS Agreements,
      Voluntary Partial Cancellation Agreements, or Voluntary Full Cancellation Agreements that contemplate a Transfer
      of Servicing that will result in the transfer of all or, in Freddie Mac’s sole determination, substantially
      all of the Servicing Contract Rights of the Seller/Servicer or Seller/Servicer’s Freddie Mac Servicing portfolio,
      either in a single transaction or a series of transactions over a 180-day period. If triggered, the Transferor
      Servicer must pay the outstanding costs and FRE Claims as a condition of Freddie Mac’s approval'
    drafter_attestation: Verbatim from Freddie Guide §6401.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6401.2-9
  canonical_id: fhlmc-6401.2-9
  section: Freddie Mac Guide 6401.2
  description: '6401.2 Penalty for nondelivery: 101-7 of the Transfer of Servicing or obtain a written waiver of
    such condition from Freddie Mac. (B) Approval and execution Upon Freddie Mac’s approval of the Transfer of Servicing,
    Freddie Mac will notify the Transferor Servicer and Transferee Servicer of Freddie Mac’s approval…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6401.2 — Penalty for nondelivery (09/03/25)
    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: '101-7 of the Transfer of Servicing or obtain a written waiver of such condition from Freddie
      Mac. (B) Approval and execution Upon Freddie Mac’s approval of the Transfer of Servicing, Freddie Mac will
      notify the Transferor Servicer and Transferee Servicer of Freddie Mac’s approval in writing, and the Servicing
      Transfer Manager status for the proposed Transfer of Servicing will change to an “approved” status. Freddie
      Mac reserves the right to withdraw its approval of the Transfer of Servicing at any time prior to the Effective
      Date of Transfer in the event the Servicer makes any changes to the Proposed Mortgage List, other than removal
      of Mortgages, or there is an intervening event that impacts the continuing eligibility of either Servicer
      to engage in the Transfer of Servicing (e.g., bankruptcy, regulatory prohibition). Provided Freddie Mac does
      not withdraw its approval on or before the Effective Date of Transfer, Freddie Mac will electronically sign
      the STOS Agreement acknowledging its earlier approval for the Servicers to proceed with the Transfer of Servicing
      on the Effective Date of Transfer. The Effective Date of Transfer must be the first day of the month. Prior
      to its Electronic execution of the STOS Agreement, the Transferor Servicer must provide to the Transferee
      Servicer any and all data related to each Mortgage set forth in the Final Mortgage List, including the underlying
      data related to each such Mortgage for those questions that the Transferor Servicer answered and/or validated
      “yes” as the appropriate response in Servicing Transfer Manager. Specifically, the Transferor Servicer must
      inform the Transferee Servicer of each REO related to the Transfer of Servicing and, with respect to each
      Mortgage related to the Transfer of Servicing, specify by Freddie Mac loan number whether the Mortgage: 1.
      Has lender-purchased mortgage insurance and the terms of such insurance 2. Is subject to a credit enhancement
      and the type of such enhancement, if any 3. Is subject to a Trial Period Plan or mortgage modification and
      type of program for each (e.g., Home Affordable Modification ProgramSM, Freddie Mac Standard Modification,
      Freddie Mac Streamlined Modification, Freddie Mac Flex Modification®) 4. Is subject to a Payment Deferral
      5. Is or may become a Senior Subordinate Mortgage and in this instance, advise the Transferee Servicer of
      the Servicing requirements set forth in Chapter 8601 6. Has any of the following characteristics and provide
      the data related to such characteristic:'
    drafter_attestation: Verbatim from Freddie Guide §6401.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
