Freddie Mac Single-Family Seller/Servicer Guide §6202.4 — Pooling requirements for WAC ARM PC Pools (12/03/25)
Freddie Mac Guide §6202.4 (Pooling requirements for WAC ARM PC Pools). Gap-fill (verbatim, ID-diff).
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide §6202.4 — Pooling requirements for WAC ARM PC Pools (12/03/25) — 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 Guide 6202.4
(12/03/25) This section contains requirements related to: ■ Term requirements ■ Minimum pool size requirements ■ Minimum Contract Servicing Spread requirements ■ Index requirements ■ Lookback Period requirements
Freddie Mac Guide 6202.4
202-11 ■ Initial Period requirements ■ Periodic adjustments ■ Note Rate adjustment cap requirements ■ Assumability feature requirements ■ Pooling requirements for ARMs with special characteristics This section outlines the pooling and disclosure requirements related to issuing WAC ARM PCs under the WAC ARM Guarantor program. ARMs may not be sold under the MultiLender Swap program. (a) Term requirements The underlying ARMs in each WAC ARM PC Pool must have an original term of 30 years (360 months) or less. Example: A 15-year (180-month) term ARM may be pooled with a 30-year (360-month) term ARM. See Section 4201.3 for original term requirements for Mortgages. (b) Minimum pool size requirements The underlying ARMs in each WAC ARM PC Pool must have an aggregate UPB of at least $500,000. (c) Minimum Contract Servicing Spread requirements See Section 6201.4(b)(iii) for Servicing Spread requirements. (d) Index requirements The underlying ARMs in each WAC ARM PC Pool must adjust based on the same Index. See Section 4401.1(b) for the ARM Indices descriptions applicable to each eligible ARM product. (e) Lookback Period requirements The underlying ARMs in each WAC ARM PC Pool must have the same Lookback Period. See Section 4401.1(b) for the Lookback Period applicable to each eligible ARM product.
Freddie Mac Guide 6202.4
202-12 (f) Initial Period requirements The underlying ARMs in each WAC ARM PC Pool must have the same Initial Period. For example, 3/6-Month ARMs may only be pooled with other 3/6-Month ARMs. See Section 4401.1(a) for the Initial Period applicable to each eligible ARM product. (g) Periodic adjustments The Initial Period of an ARM is followed by subsequent Note Rate adjustments that occur on a periodic basis. The underlying ARMs in each WAC ARM PC Pool must have the same time interval between subsequent periodic adjustments. See Section 4401.1(a) for the periodic adjustments applicable to each eligible ARM product. (h) Note Rate adjustment cap requirements (i) Initial Cap The underlying ARMs in each WAC ARM PC Pool must have the same Initial Cap. (ii) Periodic Cap The underlying ARMs in each WAC ARM PC Pool must have the same Periodic Cap. (iii) Life Cap The underlying ARMs in each WAC ARM PC Pool may have different Life Caps. See Exhibit 17S, Available Mortgage Products, for the specific Note Rate adjustment caps for each eligible ARM product. (i) Assumability feature requirements The underlying ARMs in each WAC ARM PC Pool must be assumable but may have different assumability features. See Section 4101.9 for the specific assumability feature for each eligible ARM product. Refer to Section 4101.9 for a description of due-on-sale provisions. (j) Pooling requirements for ARMs with special characteristics The underlying Mortgages in each WAC ARM PC Pool must have the same characteristics and features.
Freddie Mac Guide 6202.4
202-13 The following are the pooling and disclosure requirements for ARMs with special characteristics: ■ Under the WAC ARM Guarantor program, the aggregate UPB of all Extended Buydown Mortgages may not exceed 10% of the aggregate UPB of all the Mortgages in the applicable WAC ARM PC Pool ■ See Section 6302.18 for the delivery requirements for Extended Buydown Mortgages ■ See Section 4204.3 for Extended Buydown Mortgage eligibility requirements
Freddie Mac Guide 6202.4
203-1 Chapter 6203: Sale of Mortgages through Loan Selling Advisor® under Fixed-Rate Guarantor Program
Freddie Mac Guide 6202.4
Mortgages sold through Loan Selling Advisor® under the fixed-rate Guarantor Program (12/17/25) This section contains information related to: ■ Eligible Sellers for the fixed-rate Guarantor program through Loan Selling Advisor® ■ Eligible Mortgages sold through Loan Selling Advisor under the fixed-rate Guarantor program (a) Eligible Sellers for the fixed-rate Guarantor program through Loan Selling Advisor In addition to meeting the Guarantor and MultiLending Swap requirements of Chapter 6201, the Seller must receive access to the fixed-rate Guarantor program functionality in Loan Selling Advisor from Freddie Mac before the Seller can submit offers under the fixed- rate Guarantor program (see Section 2403.1(a)). (b) Eligible Mortgages sold through Loan Selling Advisor under the fixed-rate Guarantor program Freddie Mac will purchase fixed-rate Mortgages under the fixed-rate Guarantor program. See Exhibit 17S, Available Mortgage Products, for more information regarding eligibility and coding requirements for fixed-rate Mortgages sold under the fixed-rate Guarantor program.