Freddie Mac Single-Family Seller/Servicer Guide 6302.31 — Special delivery requirements for super conforming Mortgages

Freddie Mac Single-Family Seller/Servicer Guide 6302.31 — Special delivery requirements for super conforming Mortgages

Effective 2025-11-05 · Freddie Mac's stamp for this section

■ General requirements ■ Data delivery instructions ■ Delivery programs ■ Delivery requirements for fixed-rate Cash Contracts ■ Pooling requirements for UMBS® and MBS (a) General requirements See Chapter 4603 for special eligibility requirements for super conforming Mortgages. See Exhibit 17S, Available Mortgage Products, for more information about eligibility requirements for super conforming Mortgages. (b) Data delivery instructions For super conforming Mortgages, the Seller must deliver the following ULDD Data Points: Data Required for Super Conforming Mortgages Sort ID ULDD Data Point Valid Value Notes PROPERTY → Appraisal / Property ValuationDetails 89/90 Property Valuation Method Type/Property Valuation Method Type Other Description (In Loan Selling Advisor®, this appears as “Property Valuation Method Type.”) ▪ Desktop Appraisal ▪ Full Appraisal ▪ Other – Desk Review ▪ Other – Field Review Enter “Desktop Appraisal” if a desktop appraisal was used to value the subject property. Enter “Full Appraisal” if an interior and exterior inspection appraisal was used to value the subject property. Enter “Other – Desk Review” if a desk review was used to value the subject property. Enter “Other – Field Review” if a field review was used to value the subject property. 82 Appraisal Identifier Enter the document file identifier of the appraisal (field reviews are not submitted to the Uniform Collateral Data Portal® (UCDP®). (c) Delivery programs Sellers that have Pricing Identifier Terms that permit delivery of fixed-rate super conforming Mortgages under the Guarantor program may also deliver fixed-rate super conforming Mortgages under fixed-rate Cash Contracts, unless negotiated provisions specify otherwise. (d) Delivery requirements for fixed-rate Cash Contracts The UPB of all 10-, 15-, 20- and/or 30-year super conforming Mortgages delivered by the Seller under fixed-rate Cash Contracts during any month must not exceed $2 million in aggregate if the Seller’s total cash deliveries are less than or equal to $20 million or 10% of the UPB of each Mortgage product (10-, 15-, 20- or 30-year fixed rate) if the Seller’s total cash deliveries are greater than $20 million, not including: ■ Freddie Mac Enhanced Relief Refinance® Mortgages with loan-to-value (LTV) ratios greater than 105% delivered by the Seller under fixed-rate Cash Contracts during such month; and ■ Mortgages that receive cash specified payups in accordance with Section 6101.2(a) (e) Pooling requirements for UMBS and MBS Refer to Section 6202.3 for pooling requirements for fixed-rate super conforming Mortgages under the fixed-rate Guarantor or MultiLender Swap programs.

Source: Freddie Mac Single-Family Seller/Servicer Guide 6302.31 — Special delivery requirements for super conforming Mortgages · source URL · snapshot 4c94f67729042dd6