Freddie Mac Single-Family Seller/Servicer Guide 6302.14 — Special delivery requirements for Home Possible® Mortgages

■ General requirements ■ Data delivery instructions ■ Delivery programs

(a) General requirements See Chapter 4501 for special eligibility requirements for Home Possible® Mortgages. See Section 5103.4 for requirements related to homeownership education. See Section 4501.2 for requirements for Home Possible Mortgages with temporary subsidy buydowns. See Section 4205.2 for special eligibility requirements for Home Possible Mortgages with RHS Leveraged Seconds. See Exhibit 17S, Available Mortgage Products, for more information about eligibility requirements for Home Possible Mortgages.

(b) Data delivery instructions (i) All Home Possible Mortgages For Home Possible Mortgages, the Seller must deliver the following ULDD Data Points: Data Required for Home Possible Mortgages Sort ID ULDD Data Point Valid Value Notes LOAN – Closing → Product Details 238 Loan Affordable Indicator true Enter “true” for Home Possible Mortgages. → Underwriting Details 326/327 Automated Underwriting System Type/Automated Underwriting System Type Other Description (In Loan Selling Advisor®, this appears as “Automated Loan Prospector Other – Loan Product Advisor® Data Required for Home Possible Mortgages Sort ID ULDD Data Point Valid Value Notes Underwriting System Type.”) 322 Automated Underwriting Case Identifier Enter the Loan Prospector® (LP) AUS Key Number for all Home Possible Mortgages, if available. The related Glossary term is Key Number. LOAN – Current → Product Details 404 Loan Program Identifier ▪ Home Possible Mortgage BORROWER → Borrower Details 576/577 Counseling Confirmation Type/ Counseling Confirmation Type Other Description (In Loan Selling Advisor, this appears as “Counseling Confirmation Type.”) ▪ Government Agency ▪ HUD Approved Counseling Agency ▪ Lender Trained Counseling ▪ No Borrower Counseling ▪ Other – Borrower Did Not Participate ▪ Other – Mortgage Insurance Company ▪ Other – Non Profit Organization When required, at least one Borrower on the Mortgage must complete homeownership education prior to loan closing. Enter “Government Agency” if the Borrower completed homeownership education using Freddie Mac’s online CreditSmart® Homebuyer U, OR if the homeownership education was provided by a Housing Finance Agency (HFA), OR if the homeownership education was provided by a for-profit CDFI. Enter “HUD Approved Counseling Agency” if the Borrower completed homeownership education that was provided by a HUD-approved nonprofit counseling agency. Data Required for Home Possible Mortgages Sort ID ULDD Data Point Valid Value Notes Do not enter “Lender Trained Counseling.” Enter “No Borrower Counseling” if the Borrower is not required to participate in homeownership education, such as for a refinance transaction. Enter “Other – Borrower Did Not Participate” if the referenced Borrower did not participate in homeownership education, and the required homeownership education was completed by another Borrower on the loan. Enter “Other – Mortgage Insurance Company” if the counseling was a program provided by a mortgage insurance company. Enter “Other – Non Profit Organization” if the homeownership education was provided by a Community Development Financial Institution (CDFI), or a program that meets the standards of the National Industry Standards for Homeownership Education and Counseling. 578/579 Counseling Format Type/ Counseling Format Type Other Description (In Loan Selling Advisor, this appears as ▪ Borrower Education Not Required ▪ Classroom ▪ Home Study ▪ Individual ▪ Other – Borrower Did Not Participate When required, at least one Borrower on the Mortgage must complete homeownership education prior to loan closing. Enter “Borrower Education Not Required” if the Data Required for Home Possible Mortgages Sort ID ULDD Data Point Valid Value Notes “Counseling Format Type.”) Borrower is not required to participate in homeownership education, such as for a refinance transaction. Enter “Classroom” if instructor-led homeownership education was completed (not one-onone). Enter “Home Study” if the Borrower completed homeownership education using Freddie Mac’s online CreditSmart® Homebuyer U. Enter “Individual” if oneon-one counseling was performed. Enter “Other – Borrower Did Not Participate” if the referenced Borrower did not participate in homeownership education, and the required homeownership education was completed by an occupying Borrower on the loan. (ii) Home Possible Mortgages with special characteristics For Home Possible Mortgages with the indicated characteristics, the Seller must deliver the following ULDD Data Points in addition to the ULDD Data Points required for Home Possible Mortgages in Section 6302.14(b)(i): Data Required for Home Possible Mortgages if Applicable Sort ID ULDD Data Point Valid Value Notes LOAN – Current → Product Details Data Required for Home Possible Mortgages if Applicable Sort ID ULDD Data Point Valid Value Notes 368 Investor Feature Identifier 532 Enter this value when the Mortgage satisfies the minimum number of payment reference requirement using Noncredit Payment References. (iii) Home Possible Mortgages with secondary financing including Affordable Seconds® For delivery requirements for Home Possible Mortgages with secondary financing, including Home Possible Mortgages with Affordable Seconds, see Section 6302.34. (iv) Home Possible Mortgages with RHS Leveraged Seconds For Home Possible Mortgages with RHS Leveraged Seconds, the Seller must deliver the following ULDD Data Points in addition to the ULDD Data Points required for Home Possible Mortgages in Section 6302.14(b)(i): Data Required for Home Possible Mortgages with RHS Leveraged Seconds Sort ID ULDD Data Point Valid Value Notes LOAN – Current → Secondary Financing Loan Details (Related Loan) 517 Lien Priority Type Second Lien 519 Mortgage Type USDA Rural Housing (v) Home Possible Mortgages originated with sweat equity For Home Possible Mortgages originated with sweat equity as a credit towards the Down Payment and/or Closing Costs, the Seller must deliver the following ULDD Data Points in addition to the ULDD Data Points required for Home Possible Mortgages in Section 6302.14(b)(i): Data Required for Home Possible Mortgages with Sweat Equity Sort ID ULDD Data Point Valid Value Notes LOAN – Current → Product Details 368 Investor Feature Identifier J11 Enter this value indicating Duty to Serve (DTS) sweat equity.

(c) Delivery programs Home Possible Mortgages may be sold under the following: ■ Cash ■ Guarantor ■ MultiLender Swap