Freddie Mac Single-Family Seller/Servicer Guide 6304.2 — Delivery of Notes and assignments to a Document Custodian
Freddie Mac Single-Family Seller/Servicer Guide section 6304.2 — Delivery of Notes and assignments to a Document Custodian. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.
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Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 6304.2 — Delivery of Notes and assignments to a Document Custodian — 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 6304.2 — Delivery of Notes and assignments to a Document Custodian
This section contains requirements related to: ■ Delivery of Notes and assignments ■ Delivery of Notes and assignments for Cooperative Share Loans (a) Delivery of Notes and assignments In accordance with Section 6301.4(a), the Seller/Servicer must deliver the following items to the Document Custodian: ■ Form 1034E, Custodial Certification Schedule: The Seller/Servicer must deliver Form 1034E, or the Note Delivery Cover Sheet, to the Document Custodian. ■ Mortgage documents: For each Mortgage, the original Note (endorsed as required in Section 6301.2(a)), along with the originals of any riders or other modifying instruments to the Note. The information on the Note must match the information for the corresponding Mortgage in Loan Selling Advisor®. ■ Assignments: All original Intervening Assignments of the Security Instruments prepared and completed as required in Section 6301.2(d). (b) Delivery of Notes and assignments for Cooperative Share Loans For each Cooperative Share Loan, in addition to meeting the requirements of Section 6304.3(a), the Seller/Servicer must deliver the following to the Document Custodian: ■ Original stock certificate, membership certificate or other instrument or agreement of similar import that is commonly used and is valid and enforceable in the applicable jurisdiction and evidences the Shareholder’s ownership interest in the Cooperative Corporation, ■ Original stock power, executed in blank, ■ Original Proprietary Lease, occupancy agreement or other agreement of similar import that is commonly used and is valid and enforceable in the applicable jurisdiction, ■ Original assignment of Proprietary Lease executed in the name of Seller or blank, ■ A copy of recorded UCC-1 financing statements and renewal assignment statements, if applicable, with original filing stamp, ■ Original Form UCC-3 assigning interest to Freddie Mac in a form suitable for filing, but not filed, ■ Original security agreement, and ■ Original Recognition Agreement
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Source of record: https://claudeforcompliance.com/regs/fhlmc-6304-2/
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