Freddie Mac Single-Family Seller/Servicer Guide Section 5701.4 — Streamlined reviews
Freddie Mac Single-Family Seller/Servicer Guide Section 5701.4 — Streamlined reviews.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide Section 5701.4 — Streamlined reviews — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
Freddie Mac Single-Family Seller/Servicer Guide Section 5701.4 — Streamlined reviews
5701.4: Streamlined reviews (03/05/25) In addition to the project review and eligibility requirements in Section 5701.2, Condominium Unit Mortgages must comply with all of the following requirements to be eligible for the streamlined project review type. This section contains requirements related to: ■ Project type ■ Maximum loan-to-value (LTV)/total LTV (TLTV)/Home Equity Line of Credit (HELOC) TLTV (HTLTV) ratios ■ Special assessments (a) Project type The Condominium Unit must be located in an Established Condominium Project. (b) Maximum loan-to-value (LTV)/total LTV (TLTV)/Home Equity Line of Credit (HELOC) TLTV (HTLTV) ratios The Mortgage must not exceed the LTV/ TLTV/ HTLTV ratios for the occupancy type as indicated in the following table: Maximum LTV/TLTV/HTLTV ratios by occupancy type and project location Occupancy type Projects not located in Florida Projects located in Florida Primary Residence 90% 75/90/90% Second Home 75% 70/75/75% Investment Property 75% 70/75/75% Freddie Mac Single-Family Seller/Servicer Guide Chapter 5701 As of 05/06/26 Page 5701-24 (c) Special assessments No more than 15% of the total number of units in a project are 60 or more days delinquent in the payment of each special assessment. Note: If the requirements for streamlined reviews in this Section 5701.4 are met, then the Seller is not required to comply with the requirements for any of the other project review types in Sections 5701.5 (Established Condominium Project reviews), 5701.6 (New Condominium Project reviews), 5701.7 (Exempt from review) and 5701.9 (Reciprocal project reviews). 5701.4: Streamlined reviews (Future effective date 08/03/26) Effective for Mortgages with Application Received Dates on or after August 3, 2026, Section 5701.4 is deleted.
Operationalizing Freddie Mac Single-Family Seller/Servicer Guide Section 5701.4 — Streamlined reviews
This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.
Source of record: https://claudeforcompliance.com/regs/fhlmc-5701-4/
· register fhlmc-5701-4 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.