source:
  type: regulation
  id: fhlmc-6202.4
  authority: Freddie Mac Single-Family Seller/Servicer Guide §6202.4 — Pooling requirements for WAC ARM PC Pools
    (12/03/25)
  description: "Freddie Mac Guide §6202.4 (Pooling requirements for WAC ARM PC Pools). Gap-fill (verbatim, ID-diff).\
    \ \n"
obligations:
- id: fhlmc-6202.4-0
  canonical_id: fhlmc-6202.4-0
  section: Freddie Mac Guide 6202.4
  description: '6202.4 Pooling requirements for WAC ARM PC Pools: (12/03/25) This section contains requirements
    related to: ■ Term requirements ■ Minimum pool size requirements ■ Minimum Contract Servicing Spread requirements
    ■ Index requirements ■ Lookback Period requirements'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6202.4 — Pooling requirements for WAC ARM PC Pools
      (12/03/25)
    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: '(12/03/25) This section contains requirements related to: ■ Term requirements ■ Minimum pool
      size requirements ■ Minimum Contract Servicing Spread requirements ■ Index requirements ■ Lookback Period
      requirements'
    drafter_attestation: Verbatim from Freddie Guide §6202.4 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6202.4-1
  canonical_id: fhlmc-6202.4-1
  section: Freddie Mac Guide 6202.4
  description: '6202.4 Pooling requirements for WAC ARM PC Pools: 202-11 ■ Initial Period requirements ■ Periodic
    adjustments ■ Note Rate adjustment cap requirements ■ Assumability feature requirements ■ Pooling requirements
    for ARMs with special characteristics This section outlines the pooling and disclosure requirements related
    to issuing WA…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6202.4 — Pooling requirements for WAC ARM PC Pools
      (12/03/25)
    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: '202-11 ■ Initial Period requirements ■ Periodic adjustments ■ Note Rate adjustment cap requirements
      ■ Assumability feature requirements ■ Pooling requirements for ARMs with special characteristics This section
      outlines the pooling and disclosure requirements related to issuing WAC ARM PCs under the WAC ARM Guarantor
      program. ARMs may not be sold under the MultiLender Swap program. (a) Term requirements The underlying ARMs
      in each WAC ARM PC Pool must have an original term of 30 years (360 months) or less. Example: A 15-year (180-month)
      term ARM may be pooled with a 30-year (360-month) term ARM. See Section 4201.3 for original term requirements
      for Mortgages. (b) Minimum pool size requirements The underlying ARMs in each WAC ARM PC Pool must have an
      aggregate UPB of at least $500,000. (c) Minimum Contract Servicing Spread requirements See Section 6201.4(b)(iii)
      for Servicing Spread requirements. (d) Index requirements The underlying ARMs in each WAC ARM PC Pool must
      adjust based on the same Index. See Section 4401.1(b) for the ARM Indices descriptions applicable to each
      eligible ARM product. (e) Lookback Period requirements The underlying ARMs in each WAC ARM PC Pool must have
      the same Lookback Period. See Section 4401.1(b) for the Lookback Period applicable to each eligible ARM product.'
    drafter_attestation: Verbatim from Freddie Guide §6202.4 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6202.4-2
  canonical_id: fhlmc-6202.4-2
  section: Freddie Mac Guide 6202.4
  description: '6202.4 Pooling requirements for WAC ARM PC Pools: 202-12 (f) Initial Period requirements The underlying
    ARMs in each WAC ARM PC Pool must have the same Initial Period. For example, 3/6-Month ARMs may only be pooled
    with other 3/6-Month ARMs. See Section 4401.1(a) for the Initial Period applicable to each eligible ARM product.
    (g…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6202.4 — Pooling requirements for WAC ARM PC Pools
      (12/03/25)
    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: 202-12 (f) Initial Period requirements The underlying ARMs in each WAC ARM PC Pool must have
      the same Initial Period. For example, 3/6-Month ARMs may only be pooled with other 3/6-Month ARMs. See Section
      4401.1(a) for the Initial Period applicable to each eligible ARM product. (g) Periodic adjustments The Initial
      Period of an ARM is followed by subsequent Note Rate adjustments that occur on a periodic basis. The underlying
      ARMs in each WAC ARM PC Pool must have the same time interval between subsequent periodic adjustments. See
      Section 4401.1(a) for the periodic adjustments applicable to each eligible ARM product. (h) Note Rate adjustment
      cap requirements (i) Initial Cap The underlying ARMs in each WAC ARM PC Pool must have the same Initial Cap.
      (ii) Periodic Cap The underlying ARMs in each WAC ARM PC Pool must have the same Periodic Cap. (iii) Life
      Cap The underlying ARMs in each WAC ARM PC Pool may have different Life Caps. See Exhibit 17S, Available Mortgage
      Products, for the specific Note Rate adjustment caps for each eligible ARM product. (i) Assumability feature
      requirements The underlying ARMs in each WAC ARM PC Pool must be assumable but may have different assumability
      features. See Section 4101.9 for the specific assumability feature for each eligible ARM product. Refer to
      Section 4101.9 for a description of due-on-sale provisions. (j) Pooling requirements for ARMs with special
      characteristics The underlying Mortgages in each WAC ARM PC Pool must have the same characteristics and features.
    drafter_attestation: Verbatim from Freddie Guide §6202.4 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6202.4-3
  canonical_id: fhlmc-6202.4-3
  section: Freddie Mac Guide 6202.4
  description: '6202.4 Pooling requirements for WAC ARM PC Pools: 202-13 The following are the pooling and disclosure
    requirements for ARMs with special characteristics: ■ Under the WAC ARM Guarantor program, the aggregate UPB
    of all Extended Buydown Mortgages may not exceed 10% of the aggregate UPB of all the Mortgages in the applicable
    WAC AR…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6202.4 — Pooling requirements for WAC ARM PC Pools
      (12/03/25)
    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: '202-13 The following are the pooling and disclosure requirements for ARMs with special characteristics:
      ■ Under the WAC ARM Guarantor program, the aggregate UPB of all Extended Buydown Mortgages may not exceed
      10% of the aggregate UPB of all the Mortgages in the applicable WAC ARM PC Pool ■ See Section 6302.18 for
      the delivery requirements for Extended Buydown Mortgages ■ See Section 4204.3 for Extended Buydown Mortgage
      eligibility requirements'
    drafter_attestation: Verbatim from Freddie Guide §6202.4 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6202.4-4
  canonical_id: fhlmc-6202.4-4
  section: Freddie Mac Guide 6202.4
  description: '6202.4 Pooling requirements for WAC ARM PC Pools: 203-1 Chapter 6203: Sale of Mortgages through
    Loan Selling Advisor® under 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 §6202.4 — Pooling requirements for WAC ARM PC Pools
      (12/03/25)
    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: '203-1 Chapter 6203: Sale of Mortgages through Loan Selling Advisor® under Fixed-Rate Guarantor
      Program'
    drafter_attestation: Verbatim from Freddie Guide §6202.4 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-6202.4-5
  canonical_id: fhlmc-6202.4-5
  section: Freddie Mac Guide 6202.4
  description: '6202.4 Pooling requirements for WAC ARM PC Pools: Mortgages sold through Loan Selling Advisor® under
    the fixed-rate Guarantor Program (12/17/25) This section contains information related to: ■ Eligible Sellers
    for the fixed-rate Guarantor program through Loan Selling Advisor® ■ Eligible Mortgages sold through Loan Selling
    Adviso…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §6202.4 — Pooling requirements for WAC ARM PC Pools
      (12/03/25)
    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: 'Mortgages sold through Loan Selling Advisor® under the fixed-rate Guarantor Program (12/17/25)
      This section contains information related to: ■ Eligible Sellers for the fixed-rate Guarantor program through
      Loan Selling Advisor® ■ Eligible Mortgages sold through Loan Selling Advisor under the fixed-rate Guarantor
      program (a) Eligible Sellers for the fixed-rate Guarantor program through Loan Selling Advisor In addition
      to meeting the Guarantor and MultiLending Swap requirements of Chapter 6201, the Seller must receive access
      to the fixed-rate Guarantor program functionality in Loan Selling Advisor from Freddie Mac before the Seller
      can submit offers under the fixed- rate Guarantor program (see Section 2403.1(a)). (b) Eligible Mortgages
      sold through Loan Selling Advisor under the fixed-rate Guarantor program Freddie Mac will purchase fixed-rate
      Mortgages under the fixed-rate Guarantor program. See Exhibit 17S, Available Mortgage Products, for more information
      regarding eligibility and coding requirements for fixed-rate Mortgages sold under the fixed-rate Guarantor
      program.'
    drafter_attestation: Verbatim from Freddie Guide §6202.4 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
