source:
  type: regulation
  id: fhlmc-9301.8
  authority: Freddie Mac Single-Family Seller/Servicer Guide §9301.8 — Foreclosure sale and bidding requirements
    (09/10/25)
  description: "Freddie Mac Guide §9301.8 (Foreclosure sale and bidding requirements). Gap-fill (verbatim, ID-diff).\
    \ \n"
obligations:
- id: fhlmc-9301.8-0
  canonical_id: fhlmc-9301.8-0
  section: Freddie Mac Guide 9301.8
  description: '9301.8 Foreclosure sale and bidding requirements: (09/10/25) This section contains requirements
    related to: ■ Delegated bidding ■ When to obtain a credit bid for foreclosure sale bidding ■ Requirements for
    and reimbursement of appraisal reports ■ Bidding instructions for First Lien Mortgages not covered by mortgage
    insurance or …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9301.8 — Foreclosure sale and bidding requirements
      (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: ■ Delegated bidding ■ When to obtain
      a credit bid for foreclosure sale bidding ■ Requirements for and reimbursement of appraisal reports ■ Bidding
      instructions for First Lien Mortgages not covered by mortgage insurance or subject to credit enhancements'
    drafter_attestation: Verbatim from Freddie Guide §9301.8 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9301.8-1
  canonical_id: fhlmc-9301.8-1
  section: Freddie Mac Guide 9301.8
  description: '9301.8 Foreclosure sale and bidding requirements: 301-45 ■ Bidding instructions for Mortgages covered
    by mortgage insurance or subject to credit enhancements ■ Bidding instructions for Mortgages insured by the
    FHA or guaranteed by the VA or RHS ■ Bidding appropriately and pursuit of surplus proceeds or overbid funds
    (a) Delegate…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9301.8 — Foreclosure sale and bidding requirements
      (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: '301-45 ■ Bidding instructions for Mortgages covered by mortgage insurance or subject to credit
      enhancements ■ Bidding instructions for Mortgages insured by the FHA or guaranteed by the VA or RHS ■ Bidding
      appropriately and pursuit of surplus proceeds or overbid funds (a) Delegated bidding The Servicer must offer
      a bid on all foreclosures. Freddie Mac delegates to the Servicer responsibility to establish the bid according
      to the guidelines in Sections 9301.8(d) through 9301.8(f). However, if any of the following conditions exist,
      the Servicer must contact Freddie Mac at least ten Business Days prior to the foreclosure sale date: Conditions
      that require the Servicer to contact Freddie Mac Condition Contact requirement 1. It is not in Freddie Mac’s
      best interest for the Servicer to enter a bid in accordance with the guidelines The Servicer must e-mail Form
      105, Multipurpose Loan Servicing Transmittal, for a First-Lien Mortgage to Freddie Mac at ShortSales@FreddieMac.com
      2. A hazard insurance claim is pending and the bid will jeopardize the approval or payout of the claim The
      Servicer must e-mail Form 105 for a First-Lien Mortgage to Freddie Mac at Distressed_Property@FreddieMac.com
      3. The Servicer is unable to obtain a credit bid (see Section 9301.8(b) on obtaining a credit bid for foreclosure
      sale bidding) and bid in accordance with Section 9301.8(d), or the Servicer disputes the credit bid obtained
      in connection with a scheduled foreclosure sale The Servicer must e-mail Form 105 for a First-Lien Mortgage
      to Freddie Mac at ShortSales@FreddieMac.com. If the Servicer disputes the credit bid obtained in connection
      with a scheduled foreclosure sale, and Freddie Mac decides to update or change the credit bid obtained by
      the Servicer via the Freddie Mac Real Estate Valuation and Pricing tool (see Exhibit 88, Servicing Tools),
      Freddie Mac will notify the Servicer that the credit bid has been updated prior to the foreclosure sale date.
      (See Section 9301.8(b) on updated credit bids.) 4. The Servicer is unable to obtain a credit bid via the Freddie
      Mac Real Estate Valuation and Pricing tool (and bid in accordance with Section The Servicer must e-mail Form
      105 for a First-Lien Mortgage to Freddie Mac at ShortSales@FreddieMac.com'
    drafter_attestation: Verbatim from Freddie Guide §9301.8 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9301.8-2
  canonical_id: fhlmc-9301.8-2
  section: Freddie Mac Guide 9301.8
  description: '9301.8 Foreclosure sale and bidding requirements: 301-46 9301.8(d)) because the foreclosure sale
    is of a property subject to resale restrictions (in accordance with Chapters 4406, 4504 or 4502, as applicable),
    but the resale restrictions terminate upon foreclosure (or expiration of any applicable redemption period) or
    recordatio…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9301.8 — Foreclosure sale and bidding requirements
      (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: 301-46 9301.8(d)) because the foreclosure sale is of a property subject to resale restrictions
      (in accordance with Chapters 4406, 4504 or 4502, as applicable), but the resale restrictions terminate upon
      foreclosure (or expiration of any applicable redemption period) or recordation of a deed-in-lieu of foreclosure
      If Freddie Mac provides bidding instructions and/or offers a bid for a foreclosure sale in response to the
      contact requirements above, the Servicer must cooperate with Freddie Mac and make every effort to ensure that
      foreclosure counsel receives the updated bidding instructions in a timely manner so as not to delay, cancel
      or stop a scheduled foreclosure sale. (b) When to obtain a credit bid for foreclosure sale bidding The Servicer
      must obtain a credit bid when preparing bids on First Lien Mortgages not covered by mortgage insurance, or
      when State law does not require that an appraisal report be used to set the bid (see Section 9202.4(a) on
      obtaining an appraisal report to prepare foreclosure sale bidding instructions). Servicers are not required
      to obtain credit bids when preparing bids on properties subject to resale restrictions that survive foreclosure
      or recordation of a deed-in-lieu of foreclosure (in accordance with Chapters 4406, 4502 or 4504, as applicable).
      The Servicer must refer to the applicable resale restrictions for details on the property valuation and/or
      the restricted resale price, as well as any other terms and conditions that must be met. To ensure the Servicer
      has a credit bid in time for the foreclosure sale, Freddie Mac recommends that the Servicer obtain the credit
      bid via the Freddie Mac Real Estate Valuation and Pricing tool (see Exhibit 88, Servicing Tools) no less than
      30 and no more than 90 days before the scheduled foreclosure sale date (see Chapter 2404 for information about
      access to the Real Estate Valuation and Pricing tool). If the “good through date” returned with the credit
      bid is set to expire prior to the scheduled foreclosure sale date, then the Servicer needs to proactively
      request an updated credit bid in time for the scheduled foreclosure sale. Freddie Mac may decide, in its sole
      discretion or in response to a Servicer’s dispute of the credit bid (see Section 9301.8(a) regarding a Servicer’s
      dispute of the credit bid obtained in connection with a scheduled foreclosure sale), to update or change the
      credit bid obtained by the Servicer via the Real Estate Valuation and Pricing tool. In such cases, Freddie
      Mac will notify the Servicer that the credit bid has been updated prior to the foreclosure sale date, and
      the Servicer must cooperate with Freddie Mac and make every effort to ensure that foreclosure counsel receives
      the updated bidding instructions in a timely manner so as not to delay, cancel or stop a scheduled foreclosure
      sale. If the Servicer is unable to provide the updated bidding instructions to foreclosure counsel in a timely
      manner, or foreclosure counsel could not use the updated bidding instructions, then
    drafter_attestation: Verbatim from Freddie Guide §9301.8 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9301.8-3
  canonical_id: fhlmc-9301.8-3
  section: Freddie Mac Guide 9301.8
  description: '9301.8 Foreclosure sale and bidding requirements: 301-47 the Servicer must document it in the Mortgage
    file. Under no circumstance should the foreclosure sale be delayed because of the Servicer’s receipt of an updated
    credit bid. (c) Requirements for and reimbursement of appraisal reports (i) Requirements for appraisals If State…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9301.8 — Foreclosure sale and bidding requirements
      (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: '301-47 the Servicer must document it in the Mortgage file. Under no circumstance should the
      foreclosure sale be delayed because of the Servicer’s receipt of an updated credit bid. (c) Requirements for
      and reimbursement of appraisal reports (i) Requirements for appraisals If State or local law requires an appraisal
      report to establish the bid amount, and Freddie Mac has given the Servicer approval to obtain an appraisal
      report pursuant to the provisions of Section 9202.4(a), then the appraisal report must: 1. Be completed in
      accordance with the requirements in Topic 5600 2. Be dated no more than 120 days before the foreclosure sale
      date 3. Be completed by an appraiser who meets the requirements of Section 5603.1 and who is free from any
      conflict of interest or financial interest in the transaction other than the appraiser’s reasonable fee for
      such an opinion 4. Be based on an exterior inspection, if an interior inspection cannot be obtained 5. Document
      any conditions that relate to the existence of Hazardous Substances or conditions that would affect the habitability,
      safety, value or occupancy of the property When the appraisal report has become greater than 120 days old,
      the Servicer must have the appraiser recertify the appraisal report. The Servicer must not order a new appraisal
      report. (ii) Reimbursement of appraisal reports Freddie Mac will reimburse the Servicer for the cost of an
      appraisal report ordered in compliance with Section 9202.4(a)(i) and this section. If the Servicer needs to
      reaffirm the value of the property after 120 days, Freddie Mac will reimburse for a recertification of the
      appraisal report. (d) Bidding instructions for First Lien Mortgages not covered by mortgage insurance or subject
      to credit enhancements For a First-Lien Mortgage not covered by mortgage insurance or subject to a credit
      enhancement, the Servicer must bid in accordance with the requirements provided below: 1. Unless State law
      requires that an appraisal report be used to set the bid or the foreclosure sale is of a property subject
      to resale restrictions that survive foreclosure or recordation of a deed-in-lieu of foreclosure (in accordance
      with Chapters 4406, 4502 or 4504, as applicable), Freddie Mac recommends that the Servicer obtain the credit
      bid via the Freddie Mac Real Estate Valuation and Pricing tool (see Exhibit 88, Servicing Tools) no'
    drafter_attestation: Verbatim from Freddie Guide §9301.8 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9301.8-4
  canonical_id: fhlmc-9301.8-4
  section: Freddie Mac Guide 9301.8
  description: '9301.8 Foreclosure sale and bidding requirements: 301-48 less than 30 days, but no greater than
    90 days prior to the scheduled foreclosure sale date (See Section 9301.8(b) on obtaining a credit bid for foreclosure
    sale bidding and Section 9202.4(a) on obtaining an appraisal report to prepare foreclosure sale bidding instructions…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9301.8 — Foreclosure sale and bidding requirements
      (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: '301-48 less than 30 days, but no greater than 90 days prior to the scheduled foreclosure sale
      date (See Section 9301.8(b) on obtaining a credit bid for foreclosure sale bidding and Section 9202.4(a) on
      obtaining an appraisal report to prepare foreclosure sale bidding instructions.) 2. The Servicer must then
      start its bid at the minimum required by State law. If State law would impose a redemption, confirmation or
      ratification period because the foreclosure sale price was below a certain amount, the Servicer must bid a
      sufficient amount that would minimize or avoid any such additional periods from being imposed. Also, if applicable
      State law gives the Borrower a post-foreclosure sale right of redemption, and the Borrower can redeem the
      property for the successful foreclosure sale price, the Servicer must start its bid, as applicable, at an
      amount equal to the lesser of: ■ 100% of the credit bid obtained from the Real Estate Valuation and Pricing
      tool ■ Total indebtedness, which includes the UPB, accrued interest, Escrow advances and expenses (see Exhibit
      57A, Approved Attorney, Foreclosure, Mediation, Postponement Fees and Title Expenses, for the applicable expense
      limits) ■ Such other amount as may be required by applicable State law (e.g., amount of the judgment); or
      ■ For the foreclosure sale of a property subject to resale restrictions that survive foreclosure or recordation
      of a deed-in-lieu of foreclosure, the property valuation and/or the restricted resale price 3. In the event
      the Servicer worked with its foreclosure attorney to preserve either Freddie Mac’s or the MI’s right to pursue
      a deficiency action pursuant to Sections 9301.6(a)(ii) and 9301.8(e), respectively, or filed a judicial foreclosure
      to preserve the right to pursue a deficiency judgment pursuant to Section 9301.3(a), the Servicer should bid
      an amount at foreclosure sale that reserves the right to pursue deficiencies after the foreclosure sale on
      a case-by-case basis 4. If a third party enters a bid, the Servicer must bid, as applicable, an amount up
      to, but not exceeding, an amount equal to the lesser of: ■ 100% of the credit bid obtained from the Real Estate
      Valuation and Pricing tool ■ Total indebtedness, which includes the UPB, accrued interest, Escrow advances
      and expenses (see Exhibit 57A for the applicable expense limits) ■ Such other amount as may be required by
      applicable State law (e.g., amount of the judgment); or'
    drafter_attestation: Verbatim from Freddie Guide §9301.8 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9301.8-5
  canonical_id: fhlmc-9301.8-5
  section: Freddie Mac Guide 9301.8
  description: '9301.8 Foreclosure sale and bidding requirements: 301-49 ■ For the foreclosure sale of a property
    subject to resale restrictions that survive foreclosure or recordation of a deed-in-lieu of foreclosure, the
    property valuation and/or the restricted resale price As applicable, in the event that the minimum bid required
    by State la…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9301.8 — Foreclosure sale and bidding requirements
      (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: 301-49 ■ For the foreclosure sale of a property subject to resale restrictions that survive
      foreclosure or recordation of a deed-in-lieu of foreclosure, the property valuation and/or the restricted
      resale price As applicable, in the event that the minimum bid required by State law exceeds the credit bid
      but is less than total indebtedness or such other amount as may be required by State law, then the Servicer
      does not need to bid an amount more than the minimum bid required by State law. However, if the minimum bid
      required by State law exceeds the credit bid, total indebtedness, and such other amount as may be required
      by State law, or, for the foreclosure sale of a property subject to resale restrictions that survive foreclosure
      or recordation of a deed-in-lieu of foreclosure, exceeds the property valuation and/or restricted resale price,
      then the Servicer must follow the instructions in Section 9301.8(a). 5. Notwithstanding the requirements above,
      for the foreclosure sale of a property subject to with resale restrictions that survive foreclosure or recordation
      of a deed-in-lieu of foreclosure, the Servicer must refer to the applicable resale restrictions for details
      on the property valuation and/or the restricted resale price, as well as any other terms and conditions that
      must be met (e) Bidding instructions for Mortgages covered by mortgage insurance or subject to credit enhancements
      For a First Lien Mortgage covered by mortgage insurance, the Servicer must bid an amount approved by the MI.
      If the MI elects not to issue bidding instructions, or Freddie Mac has a delegation of authority from the
      MI for foreclosure sale bidding, the Servicer must follow the instructions in Section 9301.8(d). Notwithstanding
      the above, in the event the Mortgage has mortgage insurance and the MI’s bidding instructions or requirements
      include preserving deficiency rights, where permitted by applicable law, regardless if the MI has delegated
      authority to Freddie Mac for foreclosure sale bidding, the Servicer must preserve the MI’s right to pursue
      a deficiency action and should bid an amount at foreclosure sale that reserves the right to pursue deficiencies
      after the foreclosure sale on a case-by-case basis. For a Mortgage subject to a credit enhancement, the Servicer
      must bid an amount approved by the responsible party. (f) Bidding instructions for Mortgages insured by the
      FHA or guaranteed by the VA or RHS If the Mortgage is insured by the FHA or guaranteed by the VA or RHS, then
      the Servicer must follow FHA, VA or RHS guidelines for bidding instructions. If the Mortgage is a VA Mortgage,
      then the Servicer may not enter a bid on Freddie Mac’s behalf in excess of the upset price established by
      the VA. If the Servicer does not receive the VA upset price, the Servicer must contact Freddie Mac for instructions
      by submitting Form 105, Multipurpose Loan Servicing Transmittal, to Freddie Mac (see Directory 5).
    drafter_attestation: Verbatim from Freddie Guide §9301.8 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9301.8-6
  canonical_id: fhlmc-9301.8-6
  section: Freddie Mac Guide 9301.8
  description: '9301.8 Foreclosure sale and bidding requirements: 301-50 (g) Bidding appropriately and pursuit of
    surplus proceeds or overbid funds The Servicer must bid at the foreclosure sale: ■ In accordance with the requirements
    in Sections 9301.8(a) through 9301.8(f), and ■ To preserve Freddie Mac’s rights to a deficiency according 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 §9301.8 — Foreclosure sale and bidding requirements
      (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: '301-50 (g) Bidding appropriately and pursuit of surplus proceeds or overbid funds The Servicer
      must bid at the foreclosure sale: ■ In accordance with the requirements in Sections 9301.8(a) through 9301.8(f),
      and ■ To preserve Freddie Mac’s rights to a deficiency according to the requirements in Sections 9301.6(a)(ii)
      through 9301.6(c) If the property is purchased by a third party at the foreclosure sale and there are any
      surplus proceeds or overbid funds, the Servicer must pursue and claim to retain the funds, so long as it is
      determined to be in Freddie Mac’s best interest, to the extent: ■ The funds will satisfy or reduce the total
      indebtedness under the terms of the Mortgage or such other amount as may be allowed by State law (e.g., amount
      and terms of the judgment) and the costs and expenses of the sale, if possible; and ■ It is permitted under
      applicable State law If the Servicer knows that additional attorney fees will be incurred when pursuing any
      surplus proceeds or overbid funds, and the Servicer believes it is in Freddie Mac’s best interest to pursue
      and claim to retain any surplus proceeds or overbid funds, the Servicer must submit a request for pre-approval
      (RPA) to Freddie Mac via PAID (Payments Automated Intelligent and Dynamic) (see Exhibit 88, Servicing Tools)
      to recommend incurring additional attorney fees. 9301.9 Reporting foreclosure sale results, managing remittance
      requirements for redemptions and confirmation date changes and third-party sale proceeds and expense reimbursements
      (10/08/25) This section contains information related to: ■ Reporting foreclosure sale results ■ Reporting
      and remittance requirements for redemptions and confirmation date changes ■ Third-party sale proceeds, reimbursement
      of expenses and reporting and remittance requirements ■ File retention for foreclosure proceedings'
    drafter_attestation: Verbatim from Freddie Guide §9301.8 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9301.8-7
  canonical_id: fhlmc-9301.8-7
  section: Freddie Mac Guide 9301.8
  description: '9301.8 Foreclosure sale and bidding requirements: 301-51 (a) Reporting foreclosure sale results
    Servicers must use the Resolve® user interface (UI) to report the results of a foreclosure sale to Freddie Mac.
    Servicers should refer to Resolve Online Help for details on the process and best practices to report the results
    of forec…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9301.8 — Foreclosure sale and bidding requirements
      (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: '301-51 (a) Reporting foreclosure sale results Servicers must use the Resolve® user interface
      (UI) to report the results of a foreclosure sale to Freddie Mac. Servicers should refer to Resolve Online
      Help for details on the process and best practices to report the results of foreclosure sales. Servicers and
      any Users that use or access Resolve are bound by all of the provisions of the Master System License (see
      Section 2401.1) and the System-Specific License for Servicing Tools (see Section 2404.2). Each Servicer shall
      use Resolve in accordance with (A) the requirements in this section, (B) the instructions provided in Resolve
      Online Help and any other documentation and (C) any other applicable provisions of the Guide, including Sections
      2401.1 and 2404.2. (i) Reporting requirements The Servicer must notify Freddie Mac of the results of all foreclosure
      sales, including REO and successful third-party bids. To notify Freddie Mac of the results of a foreclosure
      sale, the Servicer must complete the applicable data fields in the foreclosure sale reporting template, including,
      but not limited to: ■ The sale result ■ Foreclosure sale date ■ Total debt ■ Actual credit bid amount ■ Property
      occupancy status type ■ Attorney name and phone number ■ Servicer point of contact and phone number; and ■
      Whether deficiency rights were preserved Servicers must upload the foreclosure sale reporting template in
      Resolve no later than the Business Day immediately following the date of the foreclosure sale. If the result
      of a foreclosure sale reported to Freddie Mac needs to be corrected or removed for reasons noted in Section
      9301.10(a)(i), the Servicer must notify Freddie Mac by requesting a “rollback” pursuant to Section 9301.10.
      Once a foreclosure sale is held, a Servicer does not need to continue to report applicable information through
      EDR for the Mortgage. (See Section 9102.6 regarding monthly EDR transmissions.) (ii) Compensatory fee for
      failing to comply with reporting requirements'
    drafter_attestation: Verbatim from Freddie Guide §9301.8 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9301.8-8
  canonical_id: fhlmc-9301.8-8
  section: Freddie Mac Guide 9301.8
  description: '9301.8 Foreclosure sale and bidding requirements: 301-52 Failure to comply with the requirements
    of Section 9301.9(a) will result in the assessment of a compensatory fee to the Servicer of $100 per day for
    every day that the foreclosure sale is not reported correctly. If the results of the foreclosure sale are not
    reported corre…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9301.8 — Foreclosure sale and bidding requirements
      (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: 301-52 Failure to comply with the requirements of Section 9301.9(a) will result in the assessment
      of a compensatory fee to the Servicer of $100 per day for every day that the foreclosure sale is not reported
      correctly. If the results of the foreclosure sale are not reported correctly, Freddie Mac may exercise its
      remedies provided by the Guide and the other Purchase Documents. Refer to Chapter 3602 regarding repurchases,
      repurchase alternatives and other remedies. Freddie Mac will bill the Servicer for such compensatory fees
      on the Servicer Non- Performing Loans Invoice. Refer to Section 9102.1 for information on the payment of Servicing
      Non-Performing Loans Invoices via an Automated Clearing House draft. Servicers are not required to but may
      appeal a compensatory fee for late foreclosure sale reporting. Appeals must be submitted to Freddie Mac via
      the Freddie Mac Default Fee Appeal System. Freddie Mac considers the notification to be correctly reported
      when Freddie Mac has received and successfully processed the foreclosure sale/DIL submission without errors.
      (b) Reporting and remittance requirements for redemptions and confirmation date changes The Servicer must
      notify Freddie Mac if either the projected expiration of the redemption period changes, or the scheduled confirmation
      date changes from the date the Servicer notified Freddie Mac of the foreclosure sale/deed-in-lieu of foreclosure
      via Resolve®. The Servicer must report the change by submitting Form 105, Multipurpose Loan Servicing Transmittal,
      to Freddie Mac (see Directory 6) no later than one Business Day after the Servicer receives notification of
      the change. (i) Redemptions of REO properties ■ Reporting requirements for REO redemptions The Servicer must
      notify Freddie Mac that the REO property is redeemed no later than one Business Day after redemption by completing
      and submitting Form 105 to Freddie Mac (see Directory 6) for a 1-unit property or 2- to 4-unit properties.
      If Freddie Mac must execute any documents related to the redemption, the Servicer must send the documents
      with Form 105 to the appropriate address. ■ Remitting REO redemption proceeds – 1-unit and 2- to 4-unit properties
      If the property is redeemed, the Servicer must forward to Freddie Mac the principal and interest amount due
      (through the redemption date), as well as all amounts that are reimbursable by Freddie Mac pursuant to Chapter
      9701 within five Business Days of receiving the redemption proceeds.
    drafter_attestation: Verbatim from Freddie Guide §9301.8 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9301.8-9
  canonical_id: fhlmc-9301.8-9
  section: Freddie Mac Guide 9301.8
  description: '9301.8 Foreclosure sale and bidding requirements: 301-53 If included in the redemption proceeds,
    the Servicer may net out any amounts that are due to the Servicer from the Borrower but are not reimbursable
    by Freddie Mac (e.g., late fees, NSF fees, property inspections and other items permitted by applicable law);
    that is, so lo…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9301.8 — Foreclosure sale and bidding requirements
      (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: '301-53 If included in the redemption proceeds, the Servicer may net out any amounts that are
      due to the Servicer from the Borrower but are not reimbursable by Freddie Mac (e.g., late fees, NSF fees,
      property inspections and other items permitted by applicable law); that is, so long as the redemption proceeds
      after any netting are sufficient to cover the amounts required to be forwarded to Freddie Mac. If the redemption
      proceeds are not sufficient to cover the amounts required to be forwarded to Freddie Mac, then the Servicer
      must remit the entire redemption proceeds to Freddie Mac. Checks should be made payable to the Federal Home
      Loan Mortgage Corporation and must reference the property address and the nine-digit Freddie Mac loan number
      on the check. Remittances should be forwarded to the appropriate business address below. Overnight mail or
      courier deliveries: JP Morgan Chase National Wholesale LockBox TX 1-0029 14800 Frye Road Fort Worth, TX 76155
      Attn: Freddie Mac #730453 Wire proceeds: JP Morgan Chase Bank Benefit FHLMC 55 Water Street New York, NY 10041
      ABA #021000021 FAO: Freddie Mac #9102418887 Submit the related expenses to Freddie Mac via PAID (Payments
      Automated Intelligent and Dynamic) (see Exhibit 88) System available at https://sf.freddiemac.com/working-
      with-us/servicing/resources. (ii) Reporting and remittance requirements for redemptions following third-party
      foreclosure sales The remittance requirements for redemptions following third-party foreclosure sales are
      the same as the remittance requirements for third-party foreclosure sales. If a Servicer receives redemption
      proceeds, the Servicer must remit the required principal and interest owed to Freddie Mac (as required in
      Section 8303.3(b)) no later than five Business Days after the Servicer receives the proceeds.'
    drafter_attestation: Verbatim from Freddie Guide §9301.8 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
