Freddie Mac Single-Family Seller/Servicer Guide 9301.1 — Foreclosures overview and Servicer responsibilities
Freddie Mac Single-Family Seller/Servicer Guide section 9301.1 — Foreclosures overview and Servicer responsibilities. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 9301.1 — Foreclosures overview and Servicer responsibilities — 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 9301.1 — Foreclosures overview and Servicer responsibilities
This section contains information related to: ■ Foreclosures on Freddie Mac Mortgages ■ General Servicer requirements for Freddie Mac Default Legal Matters ■ Freddie Mac’s rights (a) Foreclosures on Freddie Mac Mortgages The Servicer must refer to, manage and complete foreclosure in accordance with this chapter when there is no available alternative to foreclosure. Additionally, Freddie Mac requires the Servicer to manage the foreclosure process to acquire clear and marketable title to the property in a cost-effective, expeditious and efficient manner. (b) General Servicer requirements for Freddie Mac Default Legal Matters When following the requirements provided in this chapter while processing Freddie Mac Default Legal Matters, the Servicer must comply with: ■ The terms and conditions of the Mortgage documents, including the Note ■ Applicable federal, State and local laws and customs ■ Requirements of the FHA, VA, RHS or MI, if applicable ■ The Guide and other Purchase Documents (c) Freddie Mac’s rights Among other rights available under applicable law and the Guide, Freddie Mac reserves the right to: 1. Select the foreclosure counsel 2. Direct and manage the actions taken by the foreclosure counsel, on a case-by-case or jurisdiction-wide basis 3. Assess compensatory fees and/or seek repayment of losses sustained due to errors, omissions or delays by the Servicer or its agent 4. Limit the amount of reimbursement for attorney fees if those fees exceed the expense limits in Exhibit 57A, Approved Attorney, Foreclosure, Mediation, Postponement Fees and Title Expenses, or the fees commonly charged for similar services in the area where the services are being performed If Freddie Mac determines that the Servicer has directly or indirectly passed or charged to Freddie Mac any non-reimbursable expenses itemized in Section 9701.4(a) or charged Freddie Mac for Servicing Contract obligations covered by the Servicing Spread (as set forth in Section 8105.1(c)) or in violation of Section 9501.4(c)(i), then Freddie Mac may pursue any or all the remedies specified in the Guide and the other Purchase Documents, as applicable.
Get this regulation in your AI window
Bulletins replace Guide sections, and the old text stays widely quoted. An assistant will answer from a version a later Bulletin already retired.Put the verbatim text and its effective date in front of your assistant, instead of whatever it remembers.
Open in Claude Open in ChatGPT
Open in Claude shows the one-time setup: paste one address, no account with us. Open in ChatGPT asks ChatGPT about this page, with no setup. Either way it’s free.
Get notified if this rule changes
One email when Freddie Mac Single-Family Seller/Servicer Guide 9301.1 — Foreclosures overview and Servicer responsibilities changes: what changed, the new verbatim text, and the effective date. Nothing else.
Double opt-in: we send a confirmation link first. Following one section does not subscribe you to anything else. Privacy.
Source of record: https://claudeforcompliance.com/regs/fhlmc-9301-1/
· register fhlmc-9301-1 · verbatim, source-snapshotted regulator text from the
Claude for Compliance corpus. To work from every register at once, download the corpus
and follow the methodology.