Freddie Mac Single-Family Seller/Servicer Guide 2403.1 — Selling Mortgages through Loan Selling Advisor®
Freddie Mac Single-Family Seller/Servicer Guide section 2403.1 — Selling Mortgages through Loan Selling Advisor®. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 2403.1 — Selling Mortgages through Loan Selling Advisor® — 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 2403.1 — Selling Mortgages through Loan Selling Advisor®
This section contains requirements related to: ■ Sale of Mortgages through Loan Selling Advisor® ■ Post-Fund Data Correction tool (a) Sale of Mortgages through Loan Selling Advisor® This chapter sets forth requirements for the sale of Mortgages through Loan Selling Advisor®. By using Loan Selling Advisor, the Seller agrees to be bound by the Purchase Documents including, but not limited to, Chapter 1401, the applicable terms of this chapter, the terms of any applicable Guide chapters, and any other relevant Purchase Documents. This Section 2403.1(a) is in addition to, and not in limitation of, Chapter 2401 and Section 2402.2(e), which address the license terms applicable to the Sellers’ and Selling Agents’ use of Loan Selling Advisor in connection with the sale of Mortgages to Freddie Mac. (b) Post-Fund Data Correction tool Seller/Servicer must use the Post-Fund Data Correction tool, which is a “System” as defined in Section 2401.1(b) to correct data on Seller/Servicer’s Mortgages previously entered into Loan Selling Advisor, and must access such corrected data by means of the Post-Fund Data Correction tool in accordance with Section 2401.1 and any directions provided by Freddie Mac, including, without limitation, any instructions set forth in the Documentation as defined in Section 2401.1(b). Except to the extent consented to by Freddie Mac in writing, Seller/Servicer will not permit any third parties to use the Post-Fund Data Correction tool, either directly or through Seller/Servicer.
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Source of record: https://claudeforcompliance.com/regs/fhlmc-2403-1/
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