Freddie Mac Single-Family Seller/Servicer Guide 4406.1 — Eligibility and underwriting requirements for Mortgages secured by properties subject to resale restrictions
Freddie Mac Single-Family Seller/Servicer Guide section 4406.1 — Eligibility and underwriting requirements for Mortgages secured by properties subject to resale restrictions. Full verbatim section text, substring-verified against snapshot b2a8502812eeb077.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 4406.1 — Eligibility and underwriting requirements for Mortgages secured by properties subject to resale restrictions — 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 4406.1 — Eligibility and underwriting requirements for Mortgages secured by properties subject to resale restrictions
Mortgages secured by properties subject to resale restrictions (07/01/26) Mortgages secured by properties subject to resale restrictions, including income-based resale restrictions and age-based resale restrictions (such as senior housing or units restricted to one or more occupants aged 55 and over), are eligible for sale to Freddie Mac provided they meet the requirements of this chapter and the Seller’s other Purchase Documents. Note: The requirements of this chapter do not apply to resale restrictions related to Community Land Trust Mortgages. See Chapter 4502 for requirements for Community Land Trust Mortgages. This section contains requirements related to: ■ Eligible Mortgages ■ Ineligible Mortgages ■ Underwriting (a) Eligible Mortgages For Mortgages secured by properties subject to resale restrictions, each Mortgage must be a First Lien, conventional Mortgage. (b) Ineligible Mortgages The following Mortgages are ineligible for sale to Freddie Mac if the property securing the Mortgage is subject to income-based resale restrictions: ■ CHOICERenovation® Mortgages ■ Construction to Permanent Mortgages ■ GreenCHOICE Mortgages® ■ Renovation Mortgages Additionally, the following Mortgages are ineligible for sale to Freddie Mac if the property securing the Mortgage is subject to income-based resale restrictions that terminate upon foreclosure (or expiration of any applicable legally required foreclosure redemption period) or recordation of a deed-in-lieu of foreclosure: ■ Financed Permanent Buydown Mortgages ■ Freddie Mac Enhanced Relief Refinance® Mortgages ■ Government Mortgages ■ Seller-Owned Converted Mortgages ■ Seller-Owned Modified Mortgages (c) Underwriting For Mortgages secured by properties subject to resale restrictions, the Mortgage must be an Accept Mortgage or a Manually Underwritten Mortgage.
Freddie Mac Single-Family Seller/Servicer Guide 4406.1 — Eligibility and underwriting requirements for Mortgages secured by properties subject to resale restrictions — PENDING VERSION, takes effect 2027-01-25
Not yet in force. This is the pending version of the section, which takes effect 2027-01-25. The other version on this page governs until then.
Mortgages secured by properties subject to resale restrictions, including income-based resale restrictions and age-based resale restrictions (such as senior housing or units restricted to one or more occupants aged 55 and over), are eligible for sale to Freddie Mac provided they meet the requirements of this chapter and the Seller’s other Purchase Documents. Note: The requirements of this chapter do not apply to resale restrictions related to Community Land Trust Mortgages. See Chapter 4502 for requirements for Community Land Trust Mortgages. This section contains requirements related to: ■ Eligible Mortgages ■ Ineligible Mortgages ■ Underwriting (a) Eligible Mortgages For Mortgages secured by properties subject to resale restrictions, each Mortgage must be a First Lien, conventional Mortgage. (b) Ineligible Mortgages The following Mortgages are ineligible for sale to Freddie Mac if the property securing the Mortgage is subject to income-based resale restrictions: ■ CHOICERenovation® Mortgages ■ CHOICEReno eXPress® Mortgages ■ Construction to Permanent Mortgages ■ Renovation Mortgages Additionally, the following Mortgages are ineligible for sale to Freddie Mac if the property securing the Mortgage is subject to income-based resale restrictions that terminate upon foreclosure (or expiration of any applicable legally required foreclosure redemption period) or recordation of a deed-in-lieu of foreclosure: ■ Financed Permanent Buydown Mortgages ■ Freddie Mac Enhanced Relief Refinance® Mortgages ■ Government Mortgages ■ Seller-Owned Converted Mortgages ■ Seller-Owned Modified Mortgages (c) Underwriting For Mortgages secured by properties subject to resale restrictions, the Mortgage must be an Accept Mortgage or a Manually Underwritten Mortgage.
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.
Add to Claude shows the one-time setup: paste one address, no account with us. Add to ChatGPT adds the free C4C app from ChatGPT’s app directory. Either way it’s free.
Get notified if this rule changes
One email when Freddie Mac Single-Family Seller/Servicer Guide 4406.1 — Eligibility and underwriting requirements for Mortgages secured by properties subject to resale restrictions 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-4406-1/
· register fhlmc-4406-1 · 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.