Freddie Mac Single-Family Seller/Servicer Guide 4701.3 — Commissions, fees or other compensation on insurance

fhlmc-4701-3

Freddie Mac Single-Family Seller/Servicer Guide section 4701.3 — Commissions, fees or other compensation on insurance. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.

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Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 4701.3 — Commissions, fees or other compensation on insurance — 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 4701.3 — Commissions, fees or other compensation on insurance

Effective 2016-03-02 · Freddie Mac's stamp for this section

The Seller warrants that in connection with the placement or renewal of any mortgage insurance, including insurance on any other Mortgages it owns, to the Seller’s knowledge, the insurer (including its parent company or any affiliate thereof) has not caused or permitted any consideration or thing of value (other than the protection provided by its mortgage insurance) to be paid to or received by any of the following: ■ The Mortgage lender ■ Any officer, director or employee of the lender or any member of their immediate families ■ Any insurance agency, corporation (other than the insurer), partnership, trust or other business entity (including any service corporation, whether organized for profit or otherwise) in which the lender or any of its officers, directors, employees or their immediate family members have financial interest, or ■ Any designee, trustee, nominee or other agent or representative of any of the foregoing This requirement applies to any commission, fee or other compensation on all mortgage insurance presently in force or to be placed in the future.

Source: Freddie Mac Single-Family Seller/Servicer Guide 4701.3 — Commissions, fees or other compensation on insurance · source URL · snapshot 4c94f67729042dd6

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Source of record: https://claudeforcompliance.com/regs/fhlmc-4701-3/ · register fhlmc-4701-3 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.