Freddie Mac Single-Family Seller/Servicer Guide 2101.14 — Seller/Servicer changes that result in a Transfer of Servicing
Freddie Mac Single-Family Seller/Servicer Guide section 2101.14 — Seller/Servicer changes that result in a Transfer of Servicing. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 2101.14 — Seller/Servicer changes that result in a Transfer of Servicing — 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 2101.14 — Seller/Servicer changes that result in a Transfer of Servicing
A change in a Seller/Servicer’s organization may also involve a Transfer of Servicing. If the change will result in a Transfer of Servicing as defined in the Glossary, the Seller/Servicer must comply with the notification requirements in Sections 2101.12 and 2101.13, and all requirements for Subsequent Transfers of Servicing in Chapter 7101, including the requirement that the request for approval of the transfer be submitted to Freddie Mac at least 45 Business Days prior to the requested Effective Date of Transfer. If a proposed transfer of assets includes a Transfer of Servicing, the request for approval of the proposed Transfer of Servicing should be submitted along with the application to become a Seller/Servicer, but no later than 45 Business Days prior to the Effective Date of the Transfer. If a Transfer of Servicing will result from an organizational or status change, the request for approval of Transfer of Servicing must be submitted 45 Business Days prior to the requested Effective Date of Transfer even though the notification of the organizational change is not required until after the change has occurred.
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Source of record: https://claudeforcompliance.com/regs/fhlmc-2101-14/
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