Freddie Mac Single-Family Seller/Servicer Guide 6401.2 — Penalty for nondelivery
Freddie Mac Guide §6401.2 (Penalty for nondelivery). Gap-fill (verbatim, ID-diff).
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Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 6401.2 — Penalty for nondelivery — 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 6401.2 — Penalty for nondelivery
In addition to any other remedies it may have under law or in equity, Freddie Mac reserves the right, in its sole discretion, to take any appropriate action to protect its interest and enforce its rights in the event of nondelivery under a mandatory obligation to deliver Mortgages under the Cash, Guarantor or MultiLender Swap programs, including, but not limited to, disqualification or suspension of the Seller from eligibility to sell Mortgages to Freddie Mac under Chapter 2301. The Seller can fulfill mandatory obligations to deliver Mortgages under a mandatory Purchase Contract by initiating a pairoff (see Section 6401.1).
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Source of record: https://claudeforcompliance.com/regs/fhlmc-6401-2/
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