source:
  type: regulation
  id: fhlmc-7101.6
  authority: Freddie Mac Single-Family Seller/Servicer Guide §7101.6 — Transfer of funds in Transfers of Servicing
    (09/10/25)
  description: "Freddie Mac Guide §7101.6 (Transfer of funds in Transfers of Servicing). Gap-fill (verbatim, ID-diff).\
    \ \n"
obligations:
- id: fhlmc-7101.6-0
  canonical_id: fhlmc-7101.6-0
  section: Freddie Mac Guide 7101.6
  description: '7101.6 Transfer of funds in Transfers of Servicing: (09/10/25) This section contains requirements
    related to: ■ Transfer of funds ■ Funds and correspondence received after Transfers of Servicing (a) Transfer
    of funds (i) General requirement for transfer of funds The Transferor Servicer must transfer all account balances
    (including…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §7101.6 — Transfer of funds in Transfers of Servicing
      (09/10/25)
    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: '(09/10/25) This section contains requirements related to: ■ Transfer of funds ■ Funds and
      correspondence received after Transfers of Servicing (a) Transfer of funds (i) General requirement for transfer
      of funds The Transferor Servicer must transfer all account balances (including, but not limited to, Escrows,
      prepayments and buydown funds) to the Transferee Servicer’s depository in a manner that ensures such funds
      are at all times held in a custodial capacity on behalf of Freddie Mac in accordance with Section 8302.1(c).
      A final reconciliation of all monies'
    drafter_attestation: Verbatim from Freddie Guide §7101.6 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-7101.6-1
  canonical_id: fhlmc-7101.6-1
  section: Freddie Mac Guide 7101.6
  description: '7101.6 Transfer of funds in Transfers of Servicing: 101-32 relating to such transfer must be made
    by the Transferor Servicer on the Effective Date of Transfer. (ii) Escrow accounts The Transferor Servicer must
    forward the entire balance of all Custodial Accounts related to Escrows, buydown funds, repair accounts and
    replacement re…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §7101.6 — Transfer of funds in Transfers of Servicing
      (09/10/25)
    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: 101-32 relating to such transfer must be made by the Transferor Servicer on the Effective Date
      of Transfer. (ii) Escrow accounts The Transferor Servicer must forward the entire balance of all Custodial
      Accounts related to Escrows, buydown funds, repair accounts and replacement reserves (net of documented advances)
      to the Transferee Servicer’s depository on the Effective Date of Transfer. (iii) Delinquent interest Delinquent
      interest advanced to Freddie Mac by the Transferor Servicer as of the Effective Date of Transfer net of prepaid
      interest must be reimbursed to the Transferor Servicer by the Transferee Servicer no later than the date the
      funds are due to Freddie Mac. (iv) Delinquent principal Delinquent principal advanced to Freddie Mac by the
      Transferor Servicer as of the Effective Date of Transfer net of prepaid principal must be reimbursed to the
      Transferor Servicer by the Transferee Servicer no later than the Effective Date of Transfer. (b) Funds and
      correspondence received after Transfers of Servicing Within one Business Day of receipt, the Transferor Servicer
      must deliver to the Transferee Servicer any funds for or correspondence regarding any of the transferred Mortgages
      and REO related to the Transfer of Servicing if such funds or correspondence is received on or after the Effective
      Date of Transfer.
    drafter_attestation: Verbatim from Freddie Guide §7101.6 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-7101.6-2
  canonical_id: fhlmc-7101.6-2
  section: Freddie Mac Guide 7101.6
  description: '7101.6 Transfer of funds in Transfers of Servicing: Required notices to Borrowers and Third Parties,
    Borrower issues and inquiries related to Transfers of Servicing (12/10/25) This section contains requirements
    related to: ■ Notice to Borrowers regarding Transfers of Servicing ■ Notices of Transfers of Servicing to third
    parties ■…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §7101.6 — Transfer of funds in Transfers of Servicing
      (09/10/25)
    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: 'Required notices to Borrowers and Third Parties, Borrower issues and inquiries related to
      Transfers of Servicing (12/10/25) This section contains requirements related to: ■ Notice to Borrowers regarding
      Transfers of Servicing ■ Notices of Transfers of Servicing to third parties ■ Borrower issues and inquiries
      related to Transfers of Servicing (a) Notice to Borrowers regarding Transfers of Servicing'
    drafter_attestation: Verbatim from Freddie Guide §7101.6 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-7101.6-3
  canonical_id: fhlmc-7101.6-3
  section: Freddie Mac Guide 7101.6
  description: '7101.6 Transfer of funds in Transfers of Servicing: 101-33 (i) Transferor Servicer’s notice to the
    Borrower The Transferor Servicer must provide timely notice to the Borrowers with Mortgages related to the Transfer
    of Servicing to ensure a smooth transition, avoid disruption in Mortgage payments and comply with applicable
    laws and…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §7101.6 — Transfer of funds in Transfers of Servicing
      (09/10/25)
    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: '101-33 (i) Transferor Servicer’s notice to the Borrower The Transferor Servicer must provide
      timely notice to the Borrowers with Mortgages related to the Transfer of Servicing to ensure a smooth transition,
      avoid disruption in Mortgage payments and comply with applicable laws and regulations. The Transferor Servicer
      must provide written notice to each Borrower at least 15 days before the first payment is due to be received
      by the Transferee Servicer. (ii) Transferee Servicer’s notice to the Borrower The Transferee Servicer must
      provide to each Borrower written confirmation of the information in the Transferor Servicer’s notice to the
      Borrowers within 15 days before the date the first payment is due to be received by the Transferee Servicer.
      (iii) Notice requirements The notice must advise the Borrower of the following: 1. The Effective Date of Transfer
      2. The name and address of the Transferee Servicer 3. The names and telephone numbers of the contact persons
      or departments of the Transferor Servicer and of the Transferee Servicer where the Borrowers’ inquiries relating
      to the Transfer of Servicing should be directed. (If toll-free numbers are not available, the letter must
      indicate that collect calls will be accepted.) 4. The date when the Transferor Servicer will no longer collect
      the Borrowers’ payments and when the Transferee Servicer will begin to collect them 5. Any previously escrowed
      optional Mortgage life or accident and health insurance for which the Transferee Servicer will not assume
      responsibility, with appropriate suggestions or instructions for the Borrower to continue such coverage 6.
      Procedures for maintenance of automatic draft payments, if applicable The notice may not amend the terms of
      a Mortgage other than those relating to where to send payments. (b) Notices of Transfers of Servicing to third
      parties The Transferor Servicer must obtain the following approvals and provide the following notices, as
      applicable: ■ Obtain MI approval and commitment to insure as required by Section 7101.2(d)(i)'
    drafter_attestation: Verbatim from Freddie Guide §7101.6 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-7101.6-4
  canonical_id: fhlmc-7101.6-4
  section: Freddie Mac Guide 7101.6
  description: '7101.6 Transfer of funds in Transfers of Servicing: 101-34 ■ Advise all applicable property insurers,
    including the Federal Emergency Management Agency, of the Transfer of Servicing and of the name and address
    of the Transferee Servicer to modify the Mortgage clause required by Section 4703.6 ■ Provide the required notices
    to the …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §7101.6 — Transfer of funds in Transfers of Servicing
      (09/10/25)
    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: '101-34 ■ Advise all applicable property insurers, including the Federal Emergency Management
      Agency, of the Transfer of Servicing and of the name and address of the Transferee Servicer to modify the
      Mortgage clause required by Section 4703.6 ■ Provide the required notices to the FHA, RHS and/or VA, if applicable
      ■ Notify all other appropriate parties, including, but not limited to, mortgage life and/or accident and health
      insurers, tax verification/reporting and flood zone hazard determination services, tax authorities, condominium
      associations, homeowners associations, Cooperative Corporations (see Chapter 8801 for special Servicing requirements
      for Cooperative Share Loans), fee owners for leasehold Mortgages, other lienholders and public utilities levying
      assessments for which Escrow is collected (c) Borrower issues and inquiries related to Transfers of Servicing
      As of the Effective Date of Transfer, the Transferee Servicer must be able to: ■ Respond to Borrower inquires
      and provide current, accurate account information ■ Process all Servicing and accounting transactions within
      five days following the Effective Date of Transfer The Transferor and Transferee Servicers must ensure that
      their staff and facilities are adequately prepared to process Servicing and accounting transactions and to
      respond to Borrower inquiries during the transfer transition period, which may extend beyond the Effective
      Date of Transfer. If any Servicing or accounting problem cannot be resolved without the involvement of the
      Transferor Servicer, the Transferee Servicer, and not the Borrower, should initiate the contact with the Transferor
      Servicer. The Transferor and Transferee Servicers must make reasonable efforts to: ■ Resolve disputes to the
      Borrowers’ satisfaction when such disputes arise from legitimate Borrower misunderstanding of instructions
      in the notice of Transfer of Servicing ■ Waive late charges and, if applicable, ■ Make appropriate adjustments
      to payment and credit records made for misapplied or unapplied payments due to the Transferee Servicer but
      received by the Transferor Servicer'
    drafter_attestation: Verbatim from Freddie Guide §7101.6 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-7101.6-5
  canonical_id: fhlmc-7101.6-5
  section: Freddie Mac Guide 7101.6
  description: '7101.6 Transfer of funds in Transfers of Servicing: 102-1 Chapter 7102: Voluntary Partial Cancellation
    (VPC) of Servicing Contract Rights'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §7101.6 — Transfer of funds in Transfers of Servicing
      (09/10/25)
    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: '102-1 Chapter 7102: Voluntary Partial Cancellation (VPC) of Servicing Contract Rights'
    drafter_attestation: Verbatim from Freddie Guide §7101.6 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-7101.6-6
  canonical_id: fhlmc-7101.6-6
  section: Freddie Mac Guide 7101.6
  description: '7101.6 Transfer of funds in Transfers of Servicing: Definitions, eligibility and applicability for
    Voluntary Partial Cancellation (VPC) Transfers of Servicing (07/09/25) This section contains requirements related
    to: ■ Key terms and definitions for Voluntary Partial Cancellation (VPC) Transfers of Servicing ■ VPC Transfers
    of Serv…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §7101.6 — Transfer of funds in Transfers of Servicing
      (09/10/25)
    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: 'Definitions, eligibility and applicability for Voluntary Partial Cancellation (VPC) Transfers
      of Servicing (07/09/25) This section contains requirements related to: ■ Key terms and definitions for Voluntary
      Partial Cancellation (VPC) Transfers of Servicing ■ VPC Transfers of Servicing eligibility ■ VPC Transfer
      of Servicing and Flow VPC Transfer of Servicing (a) Key terms and definitions for VPC Transfers of Servicing
      For purposes of this Chapter 7102, the following terms have the prescribed meaning as set forth in Exhibit
      30, Voluntary Partial Cancellation of Servicing Contract Rights Agreement (RPL & NPL) Incorporated Provisions,
      and Exhibit 31, Flow Voluntary Partial Cancellation of Servicing Contract Rights Agreement Incorporated Provisions,
      as applicable: ■ Flow VPC Agreement ■ Flow VPC Transfer(s) of Servicing ■ VPC Agreement ■ VPC Transfer(s)
      of Servicing (b) VPC Transfers of Servicing eligibility This Chapter 7102 is not a general offering and is
      only available to specific Servicers. This Chapter 7102 does not apply unless and until Freddie Mac and the
      Servicer execute and deliver a VPC Agreement or a Flow VPC Agreement, as applicable, in form and substance
      acceptable to Freddie Mac in its sole and absolute discretion implementing these terms and conditions. (c)
      VPC Transfer of Servicing and Flow VPC Transfer of Servicing (i) VPC Transfer of Servicing Consent and Agreement'
    drafter_attestation: Verbatim from Freddie Guide §7101.6 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-7101.6-7
  canonical_id: fhlmc-7101.6-7
  section: Freddie Mac Guide 7101.6
  description: '7101.6 Transfer of funds in Transfers of Servicing: 102-2 If Freddie Mac consents to a VPC Transfer
    of Servicing, it will indicate its consent only by executing a VPC Agreement, which must also be executed by
    the Servicer, in form and substance acceptable to Freddie Mac in its sole and absolute discretion. All VPC Agreements
    must …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §7101.6 — Transfer of funds in Transfers of Servicing
      (09/10/25)
    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: '102-2 If Freddie Mac consents to a VPC Transfer of Servicing, it will indicate its consent
      only by executing a VPC Agreement, which must also be executed by the Servicer, in form and substance acceptable
      to Freddie Mac in its sole and absolute discretion. All VPC Agreements must include the following language:
      “This VPC Agreement incorporates the provisions of Chapter 7102 and the provisions of Exhibit 30 by reference
      as a substantive contractual part of this VPC Agreement such that the Servicer expressly agrees that (i) Chapter
      7102 is operative as to the Servicer and (ii) the Servicer is bound by the terms and conditions set forth
      in Chapter 7102 and Exhibit 30.” (ii) Flow VPC Transfer of Servicing Agreement requirements If Freddie Mac
      consents to a Flow VPC Transfer of Servicing, it will indicate its consent only by executing a Flow VPC Agreement,
      which must also be executed by the Servicer, in form and substance acceptable to Freddie Mac in its sole and
      absolute discretion. All Flow VPC Agreements must include the following language: “This Flow VPC Agreement
      incorporates the provisions of Chapter 7102 and the provisions of Exhibit 31 by reference as a substantive
      contractual part of this Flow VPC Agreement such that the Servicer expressly agrees that (i) Chapter 7102
      is operative as to the Servicer and (ii) the Servicer is bound by the terms and conditions set forth in Chapter
      7102 and Exhibit 31.”'
    drafter_attestation: Verbatim from Freddie Guide §7101.6 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
