Freddie Mac Single-Family Seller/Servicer Guide 2408.4 — Electronic Transactions management
Freddie Mac Guide §2408.4 (Electronic Transactions management). Gap-fill (verbatim, ID-diff).
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Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 2408.4 — Electronic Transactions management — 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 2408.4 — Electronic Transactions management
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 (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.
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Source of record: https://claudeforcompliance.com/regs/fhlmc-2408-4/
· register fhlmc-2408-4 · verbatim, source-snapshotted regulator text from the
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