source:
  type: regulation
  id: fhlmc-2101.5
  authority: Freddie Mac Single-Family Seller/Servicer Guide §2101.5 — Mortgage bankers financial reporting (04/30/24)
  description: "Freddie Mac Guide §2101.5 (Mortgage bankers financial reporting). Gap-fill (verbatim, ID-diff).\
    \ \n"
obligations:
- id: fhlmc-2101.5-0
  canonical_id: fhlmc-2101.5-0
  section: Freddie Mac Guide 2101.5
  description: '2101.5 Mortgage bankers financial reporting: (04/30/24) Each Seller/Servicer that is a mortgage
    banker must submit a complete and accurate Form 1055, Mortgage Bankers’ Financial Reporting Form, on a quarterly
    basis. For reporting purposes, mortgage bankers are firms other than federally insured depositories originating
    mort…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §2101.5 — Mortgage bankers financial reporting (04/30/24)
    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: '(04/30/24) Each Seller/Servicer that is a mortgage banker must submit a complete and accurate
      Form 1055, Mortgage Bankers’ Financial Reporting Form, on a quarterly basis. For reporting purposes, mortgage
      bankers are firms other than federally insured depositories originating mortgages for sale in the secondary
      market and/or servicing mortgages. This includes Sellers/Servicers that are mortgage banker subsidiaries of
      federally insured depositories. Form 1055 must be completed and submitted as follows: ■ For reporting periods
      ending March 31, June 30 or September 30, Form 1055 must be filed no later than 30 days after the end of the
      reporting period. For reporting periods ending on December 31, the Form 1055 must be filed no later than 60
      days after the end of the reporting period. Mortgage bankers with fiscal years that do not end on December
      31 should refer to the instructions for Form 1055 at http://www.mbfrf.org. ■ Form 1055 may be printed from
      the website and must be completed and submitted online at http://www.mbfrf.org'
    drafter_attestation: Verbatim from Freddie Guide §2101.5 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-2101.5-1
  canonical_id: fhlmc-2101.5-1
  section: Freddie Mac Guide 2101.5
  description: '2101.5 Mortgage bankers financial reporting: 101-10 ■ Seller/Servicer’s chief executive officer
    (CEO), chief financial officer (CFO) or an equivalent officer must certify that Form 1055 was prepared in accordance
    with generally accepted accounting principles (GAAP) and that the information submitted is true and accurate
    Add…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §2101.5 — Mortgage bankers financial reporting (04/30/24)
    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: '101-10 ■ Seller/Servicer’s chief executive officer (CEO), chief financial officer (CFO) or
      an equivalent officer must certify that Form 1055 was prepared in accordance with generally accepted accounting
      principles (GAAP) and that the information submitted is true and accurate Additionally, for each Seller/Servicer
      that completes Form 1055 quarterly reporting and is either (1) a Large Non-Depository Institution, as defined
      in Section 2101.2 or (2) separately identified by Freddie Mac through a written communication to that Seller/Servicer,
      such Seller/Servicer must submit a complete and accurate Form 1055A, Monthly Mortgage Bankers’ Financial Reporting
      Short Form, as follows: ■ Form 1055A must be filed no later than the last day of the month following the end
      of the reporting month for the first and second months of each fiscal quarter (e.g., Form 1055A will be effective
      for the April 2024 filing, due May 31, 2024). Seller/Servicers are not required to provide a monthly report
      for each third month of the fiscal quarter, as the data will be captured in the quarterly Form 1055 report.
      ■ Form 1055A may be printed from the website and must be completed and submitted online at http://www.mbfrf.org
      ■ Seller/Servicer’s CEO, CFO or an equivalent officer must certify that Form 1055A was prepared in accordance
      with GAAP and that the information submitted is true and accurate Failure to submit Form 1055 or 1055A as
      described herein may result in suspension or disqualification of the Seller/Servicer.'
    drafter_attestation: Verbatim from Freddie Guide §2101.5 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
