Freddie Mac Single-Family Seller/Servicer Guide 6302.32 — Special delivery requirements for Mortgages with principal curtailments
Freddie Mac Single-Family Seller/Servicer Guide section 6302.32 — Special delivery requirements for Mortgages with principal curtailments. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.
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Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 6302.32 — Special delivery requirements for Mortgages with principal curtailments — 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 6302.32 — Special delivery requirements for Mortgages with principal curtailments
■ General requirements ■ Data delivery instructions (a) General requirements If the principal of a Mortgage is curtailed without recalculation of the monthly payment prior to the date the Mortgage is sold to Freddie Mac, the Seller must provide the data described in this section. Mortgages with principal curtailments that result in modifications to recalculate the monthly payments must be delivered as Seller-Owned Modified Mortgages in accordance with Section 6302.27. (b) Data delivery instructions For Mortgages with principal curtailments that do not result in modifications to recalculate the monthly payments, the Seller must deliver the following ULDD Data Points: Data Required for Mortgages with Principal Curtailments not Resulting in Recast Payment Sort ID ULDD Data Point Valid Value Notes LOAN – Closing → Note Details 256 Loan Maturity Date Enter the date of the final monthly principal and interest (P&I) payment as indicated on the Note Data Required for Mortgages with Principal Curtailments not Resulting in Recast Payment Sort ID ULDD Data Point Valid Value Notes disregarding the effect of any curtailment. LOAN – Current → Payment Details 438 Aggregate Loan Curtailment Amount Enter the total of all curtailments received as of the Funding Date.
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Source of record: https://claudeforcompliance.com/regs/fhlmc-6302-32/
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