Freddie Mac Single-Family Seller/Servicer Guide 4201.6 — Mortgage not in default
Freddie Mac Single-Family Seller/Servicer Guide Section 4201.6 — Mortgage not in default.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 4201.6 — Mortgage not in default — 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 4201.6 — Mortgage not in default
As of the Freddie Mac Funding Date: ■ No part of the Borrower’s monthly installment of principal and interest (and, if applicable, monthly Escrow payment) may have been 30 days or more delinquent (see definition of Delinquency in the Glossary) ■ There may not have been any other default under the terms and conditions of the Mortgage that remained uncured for 30 days or more after notice of the default to the Borrower Before the Delivery Date, the Seller, or any prior holder of the Mortgage, must not have, directly or indirectly, advanced any funds to be used by or on behalf of the Borrower for the payment of principal, interest or other charge payable under the terms of the Mortgage.
Operationalizing Freddie Mac Single-Family Seller/Servicer Guide 4201.6 — Mortgage not in default
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Source of record: https://claudeforcompliance.com/regs/fhlmc-4201-6/
· register fhlmc-4201-6 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.