source:
  type: regulation
  id: fhlmc-6203.2
  authority: Freddie Mac Single-Family Seller/Servicer Guide §6203.2 — Fixed-Rate Guarantor Contract requirements
    (11/05/25)
  description: "Freddie Mac Guide §6203.2 (Fixed-Rate Guarantor Contract requirements). Gap-fill (verbatim, ID-diff).\
    \ \n"
obligations:
- id: fhlmc-6203.2-0
  canonical_id: fhlmc-6203.2-0
  section: Freddie Mac Guide 6203.2
  description: '6203.2 Fixed-Rate Guarantor Contract requirements: (11/05/25) This section contains requirements
    related to: ■ Offer procedures for Fixed-Rate Guarantor Contracts ■ Purchase and sale obligations and Commitment
    Amounts for Fixed-Rate Guarantor Contracts'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6203.2 — Fixed-Rate Guarantor Contract requirements
      (11/05/25)
    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: '(11/05/25) This section contains requirements related to: ■ Offer procedures for Fixed-Rate
      Guarantor Contracts ■ Purchase and sale obligations and Commitment Amounts for Fixed-Rate Guarantor Contracts'
    drafter_attestation: Verbatim from Freddie Guide §6203.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6203.2-1
  canonical_id: fhlmc-6203.2-1
  section: Freddie Mac Guide 6203.2
  description: '6203.2 Fixed-Rate Guarantor Contract requirements: 203-2 (a) Offer procedures for Fixed-Rate Guarantor
    Contracts (i) Settlement Date and Settlement Cycle The Seller may take out one or more Fixed-Rate Guarantor
    Contracts each Business Day. When taking out a Fixed-Rate Guarantor Contract, the information that the Seller
    must provi…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6203.2 — Fixed-Rate Guarantor Contract requirements
      (11/05/25)
    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: '203-2 (a) Offer procedures for Fixed-Rate Guarantor Contracts (i) Settlement Date and Settlement
      Cycle The Seller may take out one or more Fixed-Rate Guarantor Contracts each Business Day. When taking out
      a Fixed-Rate Guarantor Contract, the information that the Seller must provide includes, but is not limited
      to, the Settlement Date and the Settlement Cycle. The Seller must select a Settlement Date that is a Business
      Day on or before the latest Settlement Date associated with the applicable Pricing Identifier (i.e., the Pricing
      Identifier Expiration Date). The Seller must select a 2-, 3-, 4- or 5-day Settlement Cycle, or, for early
      pool disclosure, the Seller must select a 6- to 15-day Settlement Cycle. (ii) Changes to Settlement Date The
      Seller may change the Settlement Date as follows: ■ If the Settlement Cycle has not commenced, the Seller
      may change the Settlement Date to a Business Day in the same month or another month provided that the new
      Settlement Date is on or before the latest Settlement Date associated with the applicable Pricing Identifier.
      It is also possible to change the Final Delivery Date. ■ If the Settlement Cycle has commenced, the Seller
      may change the Settlement Date to a later Business Day in the same month provided that the new Settlement
      Date is on or before the latest Settlement Date associated with the applicable Pricing Identifier. The Final
      Delivery Date cannot change. For Sellers that have selected a 6- to 15-day Settlement Cycle: ■ Mortgage(s)
      may be removed from the early pool disclosure contract due to the Mortgage(s) being paid if the Settlement
      Cycle has commenced and the removal occurs 48 hours prior to the Settlement Date ■ Sellers must still meet
      the Swap Disclosure and Pooling requirements of Chapter 6202 if any Mortgages are removed ■ To submit a request
      for a Mortgage to be removed, Sellers should contact Customer Service at 800-FREDDIE See Section 6202.3 for
      minimum pool amount requirements for UMBS® and MBS.'
    drafter_attestation: Verbatim from Freddie Guide §6203.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6203.2-2
  canonical_id: fhlmc-6203.2-2
  section: Freddie Mac Guide 6203.2
  description: '6203.2 Fixed-Rate Guarantor Contract requirements: 203-3 (iii) Gold Rush fee If the Seller selects
    a 2-, 3- or 4-day Settlement Cycle, the Seller will be assessed a Gold Rush® fee, to be paid in accordance with
    Section 6303.2(a). Gold Rush fee rates are: ■ Expressed in basis points ■ Applied to the aggregate UPB of the
    Mortgages …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6203.2 — Fixed-Rate Guarantor Contract requirements
      (11/05/25)
    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: '203-3 (iii) Gold Rush fee If the Seller selects a 2-, 3- or 4-day Settlement Cycle, the Seller
      will be assessed a Gold Rush® fee, to be paid in accordance with Section 6303.2(a). Gold Rush fee rates are:
      ■ Expressed in basis points ■ Applied to the aggregate UPB of the Mortgages allocated to a Fixed-Rate Guarantor
      Contract funded by Freddie Mac on the requested Settlement Date ■ Subject to change on a monthly basis ■ Available
      through Loan Selling Advisor® on the Guarantor Rate Sheet results screen under the Credit Fees section (iv)
      Delivery/contract cancelation Delivery under a Fixed-Rate Guarantor Contract is optional. The Seller may cancel
      a Fixed-Rate Guarantor Contract in Loan Selling Advisor until 8:00 p.m. Eastern time on the Business Day immediately
      preceding the Settlement Date. (b) Purchase and sale obligations and Commitment Amounts for Fixed-Rate Guarantor
      Contracts (i) Purchase and sale obligations The Seller makes an offer to sell Mortgages to Freddie Mac when
      the Seller enters the required data into Loan Selling Advisor to take out a Fixed-Rate Guarantor Contract.
      A binding contract is created when the Seller accepts the Fixed-Rate Guarantor Contract’s terms and conditions
      made available to the Seller by Freddie Mac. (ii) Commitment Amounts The Seller must monitor the aggregate
      UPB of all Mortgages the Seller delivers to Freddie Mac under Pricing Identifier Terms to ensure that the
      Commitment Amount tolerance is not exceeded.'
    drafter_attestation: Verbatim from Freddie Guide §6203.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6203.2-3
  canonical_id: fhlmc-6203.2-3
  section: Freddie Mac Guide 6203.2
  description: '6203.2 Fixed-Rate Guarantor Contract requirements: Purchase and settlement requirements for Mortgages
    sold through Loan Selling Advisor® under the fixed-rate Guarantor program (12/17/25) This section contains requirements
    related to:'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6203.2 — Fixed-Rate Guarantor Contract requirements
      (11/05/25)
    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: 'Purchase and settlement requirements for Mortgages sold through Loan Selling Advisor® under
      the fixed-rate Guarantor program (12/17/25) This section contains requirements related to:'
    drafter_attestation: Verbatim from Freddie Guide §6203.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6203.2-4
  canonical_id: fhlmc-6203.2-4
  section: Freddie Mac Guide 6203.2
  description: '6203.2 Fixed-Rate Guarantor Contract requirements: 203-4 ■ Purchase requirements for Mortgages sold
    through Loan Selling Advisor® under the fixed- rate Guarantor program ■ Providing data for Mortgages sold through
    Loan Selling Advisor under the fixed-rate Guarantor program ■ Wire transfer instructions/delivery of UMBS® and
    MBS fo…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6203.2 — Fixed-Rate Guarantor Contract requirements
      (11/05/25)
    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: '203-4 ■ Purchase requirements for Mortgages sold through Loan Selling Advisor® under the fixed-
      rate Guarantor program ■ Providing data for Mortgages sold through Loan Selling Advisor under the fixed-rate
      Guarantor program ■ Wire transfer instructions/delivery of UMBS® and MBS for Mortgages sold through Loan Selling
      Advisor under the fixed-rate Guarantor program (a) Purchase requirements for Mortgages sold through Loan Selling
      Advisor under the fixed-rate Guarantor program Freddie Mac will purchase eligible fixed-rate Mortgages that
      meet the requirements of the Purchase Documents under the fixed-rate Guarantor program. The eligible Mortgages
      must have a Note Rate at least equal to the requested Coupon plus the following: ■ The Credit Fee in Yield
      (as adjusted for buyup or buydown), and ■ Minimum Contract Servicing Spread Note: For Mortgages with annual
      or monthly premium lender-paid mortgage insurance, the Minimum Contract Servicing Spread must be at least
      0.250%, include the amount necessary to pay the lender-paid mortgage insurance premium when due, and not exceed
      0.500%. Nothing herein affects the provisions set forth in: ■ Chapter 6201 related to the Guarantor and MultiLender
      Swap programs ■ Chapter 6202 related to Swap disclosure and pooling requirements (b) Providing data for Mortgages
      sold through Loan Selling Advisor under the fixed-rate Guarantor program The Seller must provide the data
      for all Mortgages sold under the Guarantor program by: ■ Importing the required data into Loan Selling Advisor,
      or ■ Importing the relevant Loan Product Advisor® loan data, based on the Key Number, into Loan Selling Advisor,
      or ■ Manually entering the loan data for each Mortgage into Loan Selling Advisor The Seller must then allocate
      those Mortgages to a Fixed-Rate Guarantor Contract.'
    drafter_attestation: Verbatim from Freddie Guide §6203.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6203.2-5
  canonical_id: fhlmc-6203.2-5
  section: Freddie Mac Guide 6203.2
  description: '6203.2 Fixed-Rate Guarantor Contract requirements: 203-5 Loan Selling Advisor will automatically
    assign Freddie Mac loan numbers to Mortgages sold under the fixed-rate Guarantor program. (c) Wire transfer
    instructions/delivery of UMBS® and MBS for Mortgages sold through Loan Selling Advisor under the fixed-rate
    Guarantor program …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6203.2 — Fixed-Rate Guarantor Contract requirements
      (11/05/25)
    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: '203-5 Loan Selling Advisor will automatically assign Freddie Mac loan numbers to Mortgages
      sold under the fixed-rate Guarantor program. (c) Wire transfer instructions/delivery of UMBS® and MBS for
      Mortgages sold through Loan Selling Advisor under the fixed-rate Guarantor program The Seller must assign
      and manage their wire instructions for Mortgages sold under the fixed-rate Guarantor program through Loan
      Selling Advisor as required by Section 6201.3(b). (i) Employees authorized to provide wire instructions Pursuant
      to Section 2403.2(b), the Seller must provide information to Freddie Mac regarding authorized Loan Selling
      Advisor users and their designated user roles. Any employee or employees designated to perform the Setup Manager
      Role on the Seller’s behalf must be designated by the Seller as one of the employees authorized to provide
      Freddie Mac with instructions (or modify instructions) to transfer funds or securities on the Seller’s behalf
      in connection with the sale of Mortgages to Freddie Mac. This designation must be documented using the following
      forms, as applicable: ■ Form 988SF, Certificate of Incumbency for a Bank, Savings Bank, Savings and Loan Association,
      Credit Union, Corporation or Limited Liability Company, or ■ Form 989SF, Certificate of Incumbency for Limited
      Partnerships See Section 2201.1 for additional information regarding certificate of incumbency requirements.
      (ii) Timing for completion of wiring instructions In order for the Fixed-Rate Guarantor Contract to enter
      the Settlement Cycle, wiring instructions must be completed in Loan Selling Advisor no later than 8:00 p.m.
      Eastern time on the Final Delivery Date. If changes need to be made to the wire instructions, the Seller must
      provide the revised wire transfer instructions in Loan Selling Advisor no later than 8:00 p.m. Eastern time
      on the last Business Day before the Settlement Date.'
    drafter_attestation: Verbatim from Freddie Guide §6203.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6203.2-6
  canonical_id: fhlmc-6203.2-6
  section: Freddie Mac Guide 6203.2
  description: '6203.2 Fixed-Rate Guarantor Contract requirements: 203-6 (iii)Additional Warehouse Lender requirement
    to submit Form 996E, Warehouse Provider Release and Transfer In addition to the completion of wiring instructions,
    if Pledged Mortgages are allocated to a contract, the Warehouse Lender must submit Form 996E through Loan Selling
    …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6203.2 — Fixed-Rate Guarantor Contract requirements
      (11/05/25)
    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: 203-6 (iii)Additional Warehouse Lender requirement to submit Form 996E, Warehouse Provider
      Release and Transfer In addition to the completion of wiring instructions, if Pledged Mortgages are allocated
      to a contract, the Warehouse Lender must submit Form 996E through Loan Selling Advisor by no later than 8:00
      p.m. Eastern time on the Final Delivery Date. However, the Seller may revise and resubmit Form 996E by 12:30
      p.m. Eastern time the last Business Day before the Settlement Date if the wire instructions change.
    drafter_attestation: Verbatim from Freddie Guide §6203.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6203.2-7
  canonical_id: fhlmc-6203.2-7
  section: Freddie Mac Guide 6203.2
  description: '6203.2 Fixed-Rate Guarantor Contract requirements: Remittance cycle and Servicing Spreads for Mortgages
    sold through Loan Selling Advisor® under the fixed-rate Guarantor program (11/05/25) This section contains requirements
    related to: ■ Remittance cycle ■ Servicing Spread Information and requirements relating to the remittance c…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6203.2 — Fixed-Rate Guarantor Contract requirements
      (11/05/25)
    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: 'Remittance cycle and Servicing Spreads for Mortgages sold through Loan Selling Advisor® under
      the fixed-rate Guarantor program (11/05/25) This section contains requirements related to: ■ Remittance cycle
      ■ Servicing Spread Information and requirements relating to the remittance cycle and Servicing Spreads applicable
      to fixed-rate Mortgages sold under the fixed-rate Guarantor program through Loan Selling Advisor® are those
      set forth in Chapter 6201 as amended or supplemented by this chapter or Loan Selling Advisor. (a) Remittance
      cycle The Standard Remittance Cycle applies to Mortgages sold under a Fixed-Rate Guarantor Contract. (b) Servicing
      Spread In Loan Selling Advisor, Minimum Required Servicing Spread means Minimum Contract Servicing Spread
      as that term is defined in the Guide. The Minimum Contract Servicing Spread must be at least 0.25%, and, for
      Mortgages sold under fixed-rate Guarantor, the maximum Servicing Spread may not exceed 0.500%. For fixed-rate
      Mortgages with lender-paid mortgage insurance that have annual or monthly renewal premiums, the Minimum Contract
      Servicing Spread must be at least 0.25%, include the amount necessary to pay the mortgage insurance premium
      when due and not exceed 0.500%.'
    drafter_attestation: Verbatim from Freddie Guide §6203.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6203.2-8
  canonical_id: fhlmc-6203.2-8
  section: Freddie Mac Guide 6203.2
  description: '6203.2 Fixed-Rate Guarantor Contract requirements: Loan Purchase Statements and UMBS® and MBS disclosure
    for Mortgages sold through Loan Selling Advisor® under the fixed-rate Guarantor program (12/03/25) This section
    contains requirements related to: ■ Loan Purchase Statement ■ Disclosure for UMBS® and MBS formed under the
    fixed-…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6203.2 — Fixed-Rate Guarantor Contract requirements
      (11/05/25)
    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: 'Loan Purchase Statements and UMBS® and MBS disclosure for Mortgages sold through Loan Selling
      Advisor® under the fixed-rate Guarantor program (12/03/25) This section contains requirements related to:
      ■ Loan Purchase Statement ■ Disclosure for UMBS® and MBS formed under the fixed-rate Guarantor program (a)
      Loan Purchase Statement Form 15, Loan Purchase Statement (Form 15A for UMBS or MBS), will be accessible to
      the Seller in Loan Selling Advisor® by the first day of the Settlement Cycle. Sellers that have selected a
      6- to 15-day Settlement Cycle and removed Mortgages from an early pool disclosure contract, as permitted in
      Section 6203.2(a), should access updated Form 15. (b) Disclosure for UMBS and MBS formed under the fixed-rate
      Guarantor program For each Pool formed under the fixed-rate Guarantor program, Freddie Mac will provide a
      Pool Supplement that contains information about the Mortgages in the Pool as of the Settlement Date. The Pool
      Supplement can be obtained: ■ On the Freddie Mac website (https://capitalmarkets.freddiemac.com/mbs) ■ Via
      a link in Loan Selling Advisor to Form 15 (Form 15A for UMBS or MBS), available on the first day of the Settlement
      Cycle, or ■ By contacting Investor Inquiry at (800) 336-3672 See Section 6201.6(a)(i) for additional information
      regarding the Pool Supplement and other information Freddie Mac makes available on its website and through
      information vendors about the Mortgages in a Pool.'
    drafter_attestation: Verbatim from Freddie Guide §6203.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6203.2-9
  canonical_id: fhlmc-6203.2-9
  section: Freddie Mac Guide 6203.2
  description: '6203.2 Fixed-Rate Guarantor Contract requirements: 204-1 Chapter 6204: Sale of Mortgages through
    Loan Selling Advisor® under WAC ARM Guarantor Program'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6203.2 — Fixed-Rate Guarantor Contract requirements
      (11/05/25)
    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: '204-1 Chapter 6204: Sale of Mortgages through Loan Selling Advisor® under WAC ARM Guarantor
      Program'
    drafter_attestation: Verbatim from Freddie Guide §6203.2 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
