Freddie Mac Single-Family Seller/Servicer Guide 6302.42 — Special delivery requirements for Community Land Trust Mortgages
Freddie Mac Single-Family Seller/Servicer Guide section 6302.42 — Special delivery requirements for Community Land Trust Mortgages. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.
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Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 6302.42 — Special delivery requirements for Community Land Trust Mortgages — 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 6302.42 — Special delivery requirements for Community Land Trust Mortgages
■ General requirements ■ Data delivery instructions ■ Delivery programs (a) General requirements See Chapter 4502 for special eligibility requirements for Community Land Trust Mortgages. (b) Data delivery instructions (i) All Community Land Trust Mortgages For all Community Land Trust Mortgages, the Seller must deliver the following ULDD Data Points: Data Required for Community Land Trust Mortgages Sort ID ULDD Data Point Valid Value Notes PROPERTY → Property Details 63 Property Estate Type Leasehold LOAN – Current → Product Details 404 Loan Program Identifier Community Land Trust (ii) Community Land Trust Mortgages for which the Community Land Trust program is included in Fannie Mae’s Certified Shared Equity Program list For Community Land Trust Mortgages for which the Community Land Trust program is included in Fannie Mae’s Certified Shared Equity Program list in accordance with Section 4502.7, the Seller must deliver the following ULDD Data Point: Data Required for Community Land Trust Mortgages for which the Community Land Trust program is included in Fannie Mae’s Shared Equity Program list Sort ID ULDD Data Point Valid Value Notes LOAN – Current → Product Details 368 Investor Feature Identifier J73 Enter this value, indicating the Community Land Trust program is included in Fannie Mae’s “Certified Shared Equity Program List”. (c) Delivery programs Community Land Trust Mortgages may be sold under fixed-rate Cash or Guarantor.
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Source of record: https://claudeforcompliance.com/regs/fhlmc-6302-42/
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