Freddie Mac Single-Family Seller/Servicer Guide 3301.3 — Plat of survey
Freddie Mac Single-Family Seller/Servicer Guide Section 3301.3 — Plat of survey.
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Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 3301.3 — Plat of survey — 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 3301.3 — Plat of survey
This section contains requirements related to: ■ Plat of survey ■ Property insurance policies ■ Assurance of water supply ■ Mortgage insurance policy ■ Leasehold estate (a) Plat of survey The file must contain a plat of survey if required by the title company insuring the Mortgage or the attorney rendering the opinion of title. See Section 4702.2(e) for details. (b) Property insurance policies The file must contain property insurance policies, properly endorsed, or suitable evidence of insurance as described in Section 8202.4 unless the Seller/Servicer carries mortgage impairment insurance instead of maintaining possession of property insurance policies. (c) Assurance of water supply If the Mortgaged Premises is dependent for assurance of an adequate supply of water on a water or irrigation company that supplies water only to its shareholders, the file must contain a stock certificate, duly endorsed to Freddie Mac, entitling the property owner to an adequate supply of water. (d) Mortgage insurance policy If the Mortgage is required to be insured, the file must contain the mortgage insurance policy or proof of insurance. (e) Leasehold estate Documents affecting the leasehold estate, if any, securing the indebtedness must be included in the file. This includes an original executed or certified copy of the lease containing the recordation location.
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Source of record: https://claudeforcompliance.com/regs/fhlmc-3301-3/
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