Freddie Mac Single-Family Seller/Servicer Guide 6202.1 — Freddie Mac Swap disclosure and pooling requirements
Freddie Mac Single-Family Seller/Servicer Guide section 6202.1 — Freddie Mac Swap disclosure and pooling requirements. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 6202.1 — Freddie Mac Swap disclosure and pooling requirements — 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 6202.1 — Freddie Mac Swap disclosure and pooling requirements
This section contains requirements related to: ■ Fixed-rate Guarantor program (UMBS®) ■ MultiLender Swap program ■ WAC ARM Guarantor program ■ Other provisions related to Guarantor and MultiLender Swap programs This chapter sets forth the pooling and disclosure requirements to ensure that eligible Mortgages delivered to Freddie Mac under the Guarantor and MultiLender Swap programs are pooled in a manner that promotes homogeneity and disclosure transparency. (a) Fixed-rate Guarantor program (UMBS) Each UMBS or MBS Pool issued under the fixed-rate Guarantor program must consist of Mortgages acquired from a single Seller in exchange for a UMBS or MBS representing an undivided interest in the same Mortgages. UMBS or MBS bear interest at the applicable Coupon and have an original principal balance rounded down to the nearest dollar. In addition to selling Mortgages in exchange for UMBS or MBS with Coupons that are evenly divisible by 0.5%, a Seller may sell 15- and 30-year fixed-rate Mortgages in exchange for MBS with Coupons not divisible by 0.5%, provided that before selling such Mortgages to Freddie Mac, the Seller must obtain Freddie Mac’s written approval by contacting its Freddie Mac representative or Customer Service at 800-FREDDIE. (b) MultiLender Swap program Each UMBS or MBS Pool issued under the MultiLender Swap program must consist of fixed-rate Mortgages that Freddie Mac has acquired from one or more Sellers in exchange for a UMBS or MBS representing an undivided interest in the same Mortgages. UMBS or MBS bear interest at the applicable Coupon and have an original principal balance rounded down to the nearest dollar. (c) WAC ARM Guarantor program Each WAC ARM PC Pool issued under the WAC ARM Guarantor program consists of ARMs acquired from a single Seller in exchange for a WAC ARM PC that represents an undivided interest in the same Mortgages. (d) Other provisions related to Guarantor and MultiLender Swap programs Refer to the following Guide provisions for additional information related to the Guarantor and MultiLender Swap programs: Other Guide provisions related to Guarantor and MultiLender Swap program Topic Guide location Specific eligibility requirements for ARMs Terms under which the seller may sell eligible Mortgages to Freddie Mac in exchange for UMBS, MBS or ARM PCs Servicing Spread requirements Section 6201.4(b) Specific delivery requirements Specific ARM delivery requirements Section 6302.7
Get this regulation in your AI window
Bulletins replace Guide sections, and the old text stays widely quoted. An assistant will answer from a version a later Bulletin already retired.Put the verbatim text and its effective date in front of your assistant, instead of whatever it remembers.
Open in Claude Open in ChatGPT
Open in Claude shows the one-time setup: paste one address, no account with us. Open in ChatGPT asks ChatGPT about this page, with no setup. Either way it’s free.
Get notified if this rule changes
One email when Freddie Mac Single-Family Seller/Servicer Guide 6202.1 — Freddie Mac Swap disclosure and pooling requirements changes: what changed, the new verbatim text, and the effective date. Nothing else.
Double opt-in: we send a confirmation link first. Following one section does not subscribe you to anything else. Privacy.
Source of record: https://claudeforcompliance.com/regs/fhlmc-6202-1/
· register fhlmc-6202-1 · 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.