source:
  type: regulation
  id: fhlmc-3401
  authority: "FHLMC Single-Family Seller/Servicer Guide Chapter 3401 — Postfunding Quality Control Reviews"
  description: 'FHLMC Chapter 3401 governs Postfunding Quality Control Reviews:

    Seller/Servicer obligations when a mortgage is selected for FHLMC

    postfunding QC. Operative requirements include 30-day file delivery,

    specified electronic media format, comprehensive credit/income/

    employment/collateral/asset documentation submission, accuracy-and-

    authenticity responsibility, and the no-repurchase-offer-shield rule

    (offering to repurchase does not exempt from submission).

    '
obligations:
- id: fhlmc-3401-30-day-mortgage-file-submission
  canonical_id: fhlmc-3401-30-day-mortgage-file-submission
  section: "FHLMC Single-Family Guide §3401.1 — 30-day mortgage file submission for postfunding QC review"
  description: '[LENDER] (Seller/Servicer) shall deliver requested Mortgage files,

    containing all specified documentation, within 30 days after the

    Freddie Mac request for postfunding quality control review. Late

    delivery may trigger a repurchase request. The 30-day clock is

    operationally bright-line.

    '
  type: do
  audit_question: For every FHLMC-requested postfunding QC review, can [LENDER] evidence the request date, file delivery date, and a 30-day-or-less delivery interval? Are exception logs maintained for any late delivery?
  workflow_phase: investor_reporting
  owner_role: quality_control_manager
  secondary_owner_role: chief_servicing_officer
  cadence: per-qc-request
  consequence: Late delivery may trigger repurchase request and/or suspension/disqualification; major operational consequence.
  tags:
  - round-d
  - regulator-direct
  - fhlmc
  - selling-guide
  - postfunding-qc
  - 30-day-submission
  - promoted
  primary_source:
    tier: 1
    authority: "FHLMC Single-Family Guide §3401.1(v) — Mortgage file submission requirements"
    source_class: fhlmc-guide
    source_url: https://guide.freddiemac.com/app/guide/
    snapshot_id: fbba421721d90cb1
    fetched_at: '2026-05-25T14:09:48Z'
    content_hash: sha256:placeholder-snapshot-content-hash-from-source-json
    paragraph_quote: 'Freddie Mac must receive requested Mortgage files, containing all specified documentation, within 30 days after the request for postfunding quality control review.

      '
    drafter_attestation: "Copied verbatim from snapshot fbba421721d90cb1. §3401.1(v) 30-day-\nfile-submission operative requirement.\n"
  promoted_at: '2026-05-25T18:53:05+00:00'
  promoted_from: fhlmc-3401-roundd-v1.yaml
  auditor_minimum_evidence:
    derivation: snapshot_extract
    derivation_source:
      snapshot_id: fbba421721d90cb1
      paragraph_quote: "Freddie Mac must receive requested Mortgage files, containing all specified documentation, within 30 days afte"
      page_or_section: "FHLMC Single-Family Guide §3401.1(v)"
      fetched_at: '2026-05-25T14:09:48Z'
    pathway_selection_kind: mutually_exclusive_by_facts
    pathways:
    - pathway_id: csh-amep-fhlmc-3401-delivered-within-30
      name: "Files delivered within 30 calendar days of FHLMC postfunding-QC request"
      evidence_items:
      - evidence_id: csh-ev-fhlmc-3401-qc-request-timestamp
        kind: timestamp
        description: "FHLMC postfunding-QC request received-date timestamp."
        retention_rule_ref: reg-z-1026.25
        examiner_question_ref: "FHLMC Servicer Review §3401.a"
      - evidence_id: csh-ev-fhlmc-3401-file-delivery-record
        kind: document
        description: "File-delivery record (electronic media upload log or carrier tracking) showing all specified documentation delivered to FHLMC within 30 days of request."
        retention_rule_ref: reg-z-1026.25
        examiner_question_ref: "FHLMC Servicer Review §3401.b"
    - pathway_id: csh-amep-fhlmc-3401-extension-or-shortened
      name: "FHLMC granted a specific shorter or longer period at its discretion"
      evidence_items:
      - evidence_id: csh-ev-fhlmc-3401-extension-grant
        kind: document
        description: "Copy of FHLMC's written communication specifying a non-30-day window for this specific QC request, with [LENDER]'s delivery within the specified window."
        retention_rule_ref: reg-z-1026.25
        examiner_question_ref: "FHLMC Servicer Review §3401.c"
    pathway_selection_logic: |
      Two pathways by FHLMC-specified window: A — default 30 calendar days from request; B — FHLMC discretionarily specified shorter or longer window per §3401.1 (e.g., for complex cases or higher-priority reviews). [LENDER] cannot unilaterally extend.
  program_review: Does the program ensure every Freddie postfunding-QC request is delivered with all specified documentation within 30 days of the request, with exception logs for any late delivery?
  file_review: For QC-requested files, confirm request date, delivery date, and a ≤30-day interval; review the exception log for any late delivery.
  judgment: false
- id: fhlmc-3401-seller-responsible-for-document-accuracy
  canonical_id: fhlmc-3401-seller-responsible-for-document-accuracy
  section: "FHLMC Single-Family Guide §3401.1 — Seller/Servicer responsible for documentation accuracy and authenticity"
  description: '[LENDER] (Seller/Servicer) shall be responsible for ensuring the

    accuracy and authenticity of all documentation in the Mortgage

    file. This is a foundational reps-and-warranties allocation

    independent of FHLMC''s QC findings; [LENDER] cannot defer to

    third-party originator certifications without exercising

    independent accuracy and authenticity diligence.

    '
  type: do
  audit_question: Can [LENDER] evidence its document-verification controls (originator certifications, fraud screening, independent reverification, third-party-document authenticity checks) supporting the accuracy and authenticity reps for every Mortgage file delivered to FHLMC?
  workflow_phase: loan_origination
  owner_role: quality_control_manager
  secondary_owner_role: chief_credit_officer
  cadence: per-loan
  consequence: Inaccurate or inauthentic documentation is a FHLMC reps-and-warranties breach; repurchase risk + fraud exposure.
  tags:
  - round-d
  - regulator-direct
  - fhlmc
  - selling-guide
  - documentation-accuracy
  - reps-and-warranties
  - promoted
  primary_source:
    tier: 1
    authority: "FHLMC Single-Family Guide §3401.1(v) — Mortgage file submission requirements"
    source_class: fhlmc-guide
    source_url: https://guide.freddiemac.com/app/guide/
    snapshot_id: fbba421721d90cb1
    fetched_at: '2026-05-25T14:09:48Z'
    content_hash: sha256:placeholder-snapshot-content-hash-from-source-json
    paragraph_quote: 'The Seller/Servicer is responsible for ensuring the accuracy and authenticity of all documentation in the Mortgage file.

      '
    drafter_attestation: "Copied verbatim from snapshot fbba421721d90cb1. §3401.1(v) document-\naccuracy-authenticity operative requirement.\n"
  promoted_at: '2026-05-25T18:53:06+00:00'
  promoted_from: fhlmc-3401-roundd-v1.yaml
  program_review: Does the program operate document-verification controls (originator certifications, fraud screening, independent reverification, third-party-document authenticity checks) so the Seller/Servicer's accuracy-and-authenticity rep is supported without deferring to third-party originator certs?
  file_review: Review the file's verification trail and authenticity checks; the compliance person judges whether accuracy and authenticity were independently diligenced.
  judgment: true
- id: fhlmc-3401-no-repurchase-offer-shield-from-qc
  canonical_id: fhlmc-3401-no-repurchase-offer-shield-from-qc
  section: "FHLMC Single-Family Guide §3401.1 — Offer to repurchase does NOT exempt from QC submission"
  description: 'An offer by [LENDER] (Seller/Servicer) to repurchase the Mortgage

    does NOT exempt them from submitting the required documents for

    postfunding quality control. [LENDER] must complete the QC file

    submission regardless of whether [LENDER] simultaneously offers

    to repurchase. This rule prevents [LENDER] from using preemptive

    repurchase to avoid FHLMC''s QC review of the loan file.

    '
  type: do
  audit_question: If [LENDER] ever offered to repurchase a FHLMC-requested QC Mortgage to avoid file submission, can [LENDER] evidence that file submission proceeded in parallel with the repurchase offer?
  workflow_phase: investor_reporting
  owner_role: quality_control_manager
  secondary_owner_role: compliance_officer
  cadence: per-qc-request
  consequence: Withholding file submission after offering repurchase is a FHLMC Guide breach; can trigger suspension.
  tags:
  - round-d
  - regulator-direct
  - fhlmc
  - selling-guide
  - postfunding-qc
  - no-repurchase-shield
  - promoted
  primary_source:
    tier: 1
    authority: "FHLMC Single-Family Guide §3401.1(v) — Mortgage file submission requirements"
    source_class: fhlmc-guide
    source_url: https://guide.freddiemac.com/app/guide/
    snapshot_id: fbba421721d90cb1
    fetched_at: '2026-05-25T14:09:48Z'
    content_hash: sha256:placeholder-snapshot-content-hash-from-source-json
    paragraph_quote: 'an offer by the Seller/Servicer to repurchase the Mortgage does not exempt them from submitting the required documents for postfunding quality control.

      '
    drafter_attestation: "Copied verbatim from snapshot fbba421721d90cb1. §3401.1(v) no-\nrepurchase-offer-shield operative rule.\n"
  promoted_at: '2026-05-25T18:53:06+00:00'
  promoted_from: fhlmc-3401-roundd-v1.yaml
  program_review: Does the program ensure a repurchase offer never suppresses QC file submission — i.e., file submission proceeds in parallel with any repurchase offer?
  file_review: Spot-check any loans where a repurchase was offered on a QC-requested file; confirm file submission proceeded regardless.
  judgment: false
- id: fhlmc-3401-late-submission-consequence-suspension
  canonical_id: fhlmc-3401-late-submission-consequence-suspension
  section: "FHLMC Single-Family Guide §3401.1 — Late submission may result in suspension/disqualification"
  description: '[LENDER] (Seller/Servicer) is on notice that failing to submit the

    Mortgage file as requested for postfunding QC may result in

    suspension or disqualification as a Freddie Mac Seller/Servicer.

    This severe-consequence pre-disclosure shapes the operational

    priority of QC file delivery vs other servicing tasks.

    '
  type: notice
  audit_question: Can [LENDER] evidence that its QC file-delivery process gives postfunding-QC requests priority sufficient to avoid suspension/disqualification risk for non-delivery?
  workflow_phase: investor_reporting
  owner_role: quality_control_manager
  secondary_owner_role: chief_servicing_officer
  cadence: per-qc-request
  consequence: Suspension/disqualification ends FHLMC selling relationship; existential consequence.
  tags:
  - round-d
  - regulator-direct
  - fhlmc
  - selling-guide
  - postfunding-qc
  - suspension-disqualification
  - promoted
  primary_source:
    tier: 1
    authority: "FHLMC Single-Family Guide §3401.1(v) — Mortgage file submission requirements"
    source_class: fhlmc-guide
    source_url: https://guide.freddiemac.com/app/guide/
    snapshot_id: fbba421721d90cb1
    fetched_at: '2026-05-25T14:09:48Z'
    content_hash: sha256:placeholder-snapshot-content-hash-from-source-json
    paragraph_quote: 'Failing to submit the Mortgage file as requested may result in a

      '
    drafter_attestation: "Copied verbatim from snapshot fbba421721d90cb1. §3401.1(v) late-\nsubmission-suspension warning. Quote truncated before \"Seller's\nor Servicer's\" U+2019 curly apostrophes. Full\nsuspension/disqualification consequence paraphrased in description.\n"
  promoted_at: '2026-05-25T18:53:06+00:00'
  promoted_from: fhlmc-3401-roundd-v1.yaml
  program_review: Does the program prioritize postfunding-QC requests sufficiently (SLAs, escalation) to avoid the suspension/disqualification risk that non-delivery carries?
  file_review: Review the QC-request queue and aging; confirm priority handling kept deliveries inside the window.
  judgment: false
  feeds:
  - fhlmc-3401-30-day-mortgage-file-submission
- id: fhlmc-3401-electronic-media-format-delivery
  canonical_id: fhlmc-3401-electronic-media-format-delivery
  section: "FHLMC Single-Family Guide §3401.1 — Deliver QC files in FHLMC-specified electronic media format"
  description: '[LENDER] (Seller/Servicer) shall provide all documents indicated

    on the applicable postfunding quality control checklist in an

    electronic media format and file size as specified on the Freddie

    Mac Quality Control webpage. Non-conforming format/size may

    trigger noncompliance fees and/or rejection.

    '
  type: do
  audit_question: Can [LENDER] evidence its QC file delivery uses the FHLMC-specified electronic media format and file size for every submission, and that no QC submission was rejected for format/size noncompliance?
  workflow_phase: investor_reporting
  owner_role: quality_control_manager
  secondary_owner_role: vendor_management
  cadence: per-qc-request
  consequence: Non-conforming-format submissions trigger noncompliance fees; manual processing delays the 30-day clock.
  tags:
  - round-d
  - regulator-direct
  - fhlmc
  - selling-guide
  - postfunding-qc
  - electronic-delivery-format
  - promoted
  primary_source:
    tier: 1
    authority: "FHLMC Single-Family Guide §3401.1(v) — Mortgage file submission requirements"
    source_class: fhlmc-guide
    source_url: https://guide.freddiemac.com/app/guide/
    snapshot_id: fbba421721d90cb1
    fetched_at: '2026-05-25T14:09:48Z'
    content_hash: sha256:placeholder-snapshot-content-hash-from-source-json
    paragraph_quote: 'The Seller/Servicer must provide all documents indicated on the applicable postfunding quality control checklist in an electronic media format and file size as specified

      '
    drafter_attestation: "Copied verbatim from snapshot fbba421721d90cb1. §3401.1(v)\nelectronic-media-format operative requirement. Truncated before\nthe URL (\"on the Freddie Mac Quality Control webpage located at\nhttps://...\") which paraphrased in description.\n"
  promoted_at: '2026-05-25T18:53:07+00:00'
  promoted_from: fhlmc-3401-roundd-v1.yaml
  program_review: Does the program ensure every QC submission uses the FHLMC-specified electronic media format and file size, so none is rejected or fee-assessed for format/size noncompliance?
  file_review: Confirm QC submissions used the specified format/size and review for any format/size rejections or noncompliance fees.
  judgment: false
_promotion_history:
- promoted_at: '2026-05-25T18:53:07+00:00'
  candidate_path: obligations\_remediation\round-d-investor-guides\fhlmc-3401-roundd-v1.yaml
  candidates_promoted: 5
  candidates_skipped_existing: 0
