source:
  type: guide
  id: fhlmc-2408.3
  authority: Freddie Mac Single-Family Seller/Servicer Guide Section 2408.3 — Compliance
    and legal framework
  description: Freddie Mac Single-Family Seller/Servicer Guide Section 2408.3 — Compliance
    and legal framework.
  coverage_tier: operative
obligations:
- id: fhlmc-2408.3-full
  canonical_id: fhlmc-2408.3-full
  section: Freddie Mac Single-Family Seller/Servicer Guide Section 2408.3 — Compliance
    and legal framework
  type: do
  tags:
  - regulator-direct
  - fhlmc
  - freddie-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide Section 2408.3 — Compliance
      and legal framework
    source_class: fhlmc-guide
    source_url: https://guide.freddiemac.com/ci-guide
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-05-23T00:27:40Z'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '2408.3: Compliance and legal framework (12/17/25) This section
      contains requirements related to: ■ Special representations and warranties,
      covenants, and agreements ■ Amendments and updates (a) Special representations
      and warranties, covenants, and agreements (i) Compliance and commitments in
      Servicing Freddie Mac Mortgages The Servicer represents and warrants to, covenants
      and agrees with Freddie Mac that the Servicer is in compliance with and will
      continue to comply with all of the requirements of this chapter, any other applicable
      Purchase Documents, system processes and rules, terms of use, privacy policy,
      security standards and any user guides and instructions in connection with Servicing
      Freddie Mac Mortgages using the Servicing Tools. (ii) Controlled access to the
      Freddie Mac Exclusionary List The Freddie Mac Exclusionary List is made available
      to Servicers via Freddie Mac Gateway®. Each time the Servicer accesses any Freddie
      Mac Servicing Tool, the Servicer represents and warrants to Freddie Mac that
      Servicer has never: ■ Provided access to or otherwise made the Exclusionary
      List available to a Related Third Party or any other party except as permitted
      under and in accordance with Section 1201.8(a)(iii); or Freddie Mac Single-Family
      Seller/Servicer Bulletin Chapter 2408 As of 12/17/25 Page 2408-4 ■ Enabled or
      permitted any person or entity on the Exclusionary List to access or use any
      Servicing Tool whether directly or indirectly through the Servicer or any Related
      Third Party Further, the Servicer covenants and agrees that it will not, under
      any circumstances, do so in the future. (b) Amendments and updates The Servicer
      acknowledges and agrees that Freddie Mac may amend, revise and/or update the
      Servicing Tools, this chapter and/or any other applicable Purchase Documents,
      and any such amendment, revision and/or update will be effective as of the date
      specified by Freddie Mac. 2408.4: Electronic Transactions management (12/17/25)
      This section contains requirements related to: ■ Electronic Transactions ■ Access
      to copies of Electronic Transactions Records (a) Electronic Transactions (i)
      Consent to conduct Electronic Transactions The Servicer consents to conduct
      Electronic Transactions with Freddie Mac using the Freddie Mac Servicing Tools
      and Excluded Servicing Tools including, but not limited to, using Electronic
      Records and Electronic Signatures in accordance with Chapter 1401. The Servicer
      agrees that the Servicer’s employees may use Electronic Signatures, which shall
      be the Servicer’s adopted and authorized Electronic Signatures, as defined in
      Section 1401.2(b), which also includes the process of using a computer mouse
      to “click on” terms, words, items, images, numbers or buttons on screens in
      the Servicing Tools and Excluded Servicing Tools. (ii) Servicing Tools requirements
      The Servicer acknowledges that Freddie Mac has provided the Servicer with the
      minimum hardware, software, browser and other internet connectivity requirements
      the Servicer needs to conduct Electronic Transactions using the Servicing Tools.
      Freddie Mac Single-Family Seller/Servicer Bulletin Chapter 2408 As of 12/17/25
      Page 2408-5 (b) Access to copies of Electronic Transactions Records The Servicer
      acknowledges and agrees that the Servicer’s ongoing access to copies of Records
      and Electronic Records related to any Electronic Transactions conducted by the
      Servicer in the Servicing Tools will be either: ■ Paper copies printed by the
      Servicer; or ■ Electronic copies the Servicer is able to download or save to
      its computers The Servicer acknowledges that it is responsible for making or
      obtaining copies of such Records and Electronic Records. If the Servicer is
      unable to print, download or copy any of the Records or Electronic Records,
      the Servicer may contact Freddie Mac for possible assistance. Freddie Mac Single-Family
      Seller/Servicer Guide Chapter 3101 As of 12/17/25 Page 3101-1 Chapter 3101:
      Freddie Mac Exclusionary List and FHFA Suspended Counterparty Program'
  judgment: false
