Freddie Mac Single-Family Seller/Servicer Guide 6201.7 — Special representations and warranties under the Guarantor and MultiLender Swap programs and Freddie Mac remedies for Seller breach

Freddie Mac Single-Family Seller/Servicer Guide 6201.7 — Special representations and warranties under the Guarantor and MultiLender Swap programs and Freddie Mac remedies for Seller breach

Effective 2026-02-04 · Freddie Mac's stamp for this section

This section contains requirements related to: ■ Special Seller representations and warranties under the Guarantor and MultiLender Swap programs ■ Freddie Mac remedies for Seller’s breach of representations and warranties relating to securitized loans (a) Special Seller representations and warranties under the Guarantor and MultiLender Swap programs In addition to the representations and warranties made elsewhere in the Purchase Documents, the Seller represents and warrants that: ■ The purchase information will be true and correct as of the related Settlement Date ■ The ending principal balance shown on the Loan-Level Transaction that the Servicer transmits as of the close of the first monthly accounting reporting period following the Settlement Date is equal to the aggregate UPB of the related Mortgages ■ As of the Settlement Date, the appraised value of the Mortgaged Premises is at least equal to the appraised value as of the date of the origination of such Mortgage ■ For Construction to Permanent and Renovation Mortgages, as of the Settlement Date, the appraised value of the Mortgaged Premises is at least equal to the appraised value as of the effective date of the most recent appraisal report (b) Freddie Mac remedies for Seller’s breach of representations and warranties relating to securitized loans If the Seller breaches any representation or warranty made pursuant to this chapter or any of the purchase information is found to be incorrect, Freddie Mac may at its option: ■ Rescind the transaction ■ Require the Seller to repurchase any UMBS®, MBS or ARM PCs that have been sold by the Seller ■ Retain any fees otherwise refundable to the Seller pursuant to the Purchase Documents ■ Require the Seller to take such other action as may be necessary or appropriate at Freddie Mac’s sole discretion to remedy such breach or to cause the relevant Pool to conform to the terms of the purchase information The remedies set forth in this chapter are in addition to any remedies otherwise provided for in the Purchase Documents or available under applicable law, including, without limitation, Freddie Mac’s right to require repurchase or substitution of any Mortgage. In addition to Freddie Mac’s other remedies under this Guide, the breach by the Seller of any representation, warranty or agreement contained in this Guide will constitute grounds for suspension of the Seller’s eligibility to sell Mortgages to Freddie Mac as provided in Chapter 2301.

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