Freddie Mac Single-Family Seller/Servicer Guide §6302.3 — Guarantor program delivery instructions (12/17/25)
Freddie Mac Guide §6302.3 (Guarantor program delivery instructions). Gap-fill (verbatim, ID-diff).
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide §6302.3 — Guarantor program delivery instructions (12/17/25) — 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 Guide 6302.3
(12/17/25) ■ Guarantor program requirements and instructions ■ Purchase tolerance ■ Data delivery instructions ■ Pooling requirements ■ Security wire instructions ■ Use of a Settlement Cycle of less than five days for Guarantor deliveries (a) Guarantor program requirements and instructions For Mortgages sold under the Guarantor program, a contract number (ULDD Data Point “Investor Contract Identifier”) will be made available to the Seller immediately upon taking out a Guarantor contract. In connection with each WAC ARM Guarantor Contract, the Seller must select the appropriate WAC ARM Security Product based on the characteristics of the ARMs. (b) Purchase tolerance For Guarantor contracts, any part of the Contract Commitment Amount specified in the Guarantor contract may be delivered, provided the minimum pool size is met.
Freddie Mac Guide 6302.3
302-9 The Seller can increase a Guarantor contract amount up to the remaining balance of the Commitment Amount plus the applicable tolerance. (c) Data delivery instructions (i) Mortgages sold under the Guarantor program For Mortgages purchased by Freddie Mac under the Guarantor program, the Seller must deliver the following ULDD Data Points: Data Required for Mortgages Sold under the Guarantor Program Sort ID ULDD Data Point Valid Value Notes LOAN – Current → Payment Details 385 Loan Acquisition Scheduled UPB Amount The scheduled UPB must include reductions for: ■ The principal due in the month of settlement (even if not collected) and all prior months ■ The principal portion of any advanced (prepaid) installments received prior to the Settlement Date ■ Any partial prepayments (curtailments) received on or before the Delivery Date 440 Last Paid Installment Due Date For newly originated Mortgages, enter the date through which interest is scheduled to be paid. For Mortgages for which there has been an advanced (prepaid) installment of interest, enter the date through which advanced (prepaid) installments of interest have been made. The related Glossary term is DDLPI. → Product Details 368 Investor Feature Identifier J99 For Mortgages sold for Green MBS, enter this value to indicate the Mortgage is secured by property with a qualifying Home Energy Rating System (HERS) score and/or ENERGY STAR certification, as described in Section 6202.3(f).
Freddie Mac Guide 6302.3
302-10 (ii)Mortgages with lender crediting Borrower interest at closing If a lender credits the Borrower interest at closing in an amount equal to the interest due from the first day of the month through the day before the Note Date, the Borrower’s first monthly principal and interest payment is due the first day of the month immediately following the Mortgage closing. For such Mortgages, the Seller represents and warrants that the lender credited the Borrower with interest at closing, and the Seller must deliver the following ULDD Data Point: Data Required for Mortgages Sold under Guarantor when Lender Credits Borrower Interest at Closing Sort ID ULDD Data Point Valid Value Notes LOAN – Current → Payment Details 440 Last Paid Installment Due Date For fixed-rate Mortgages, enter the Note Date or first day of the month of closing. For ARMs, enter the first day of the month of closing. The related Glossary term is DDLPI. (iii) ARMs with next Interest Change Dates in the month of settlement For ARMs, if the next Interest Change Date is during the month of settlement, the Seller must deliver the following ULDD Data Points as if the Interest Change Date had already occurred. For example, if the Seller delivers an annually adjusting ARM on February 27 for settlement on March 23, and the Interest Change Date is March 1, the Seller must enter the following values: ULDD Data Point Calculation Instructions Next Rate Adjustment Effective Date March 1 of the following year Per Change Rate Adjustment Effective Date For Adjustment Rule Type = “First” March 1 of the current year Current Interest Rate Percent The Note Rate in effect as of March 1 of the current year Principal And Interest Payment Amount The amount of the principal and interest (P&I) payment due as of March 1 of the current year (iv)ARMs past the first Interest Change Date ARMs that are past the first Interest Change Date may be delivered with ARMs that are not past the first Interest Change Date.
Freddie Mac Guide 6302.3
302-11 (d) Pooling requirements Refer to Chapter 6202 for pooling requirements for fixed-rate Mortgages under the fixed-rate Guarantor or MultiLender Swap programs and for pooling requirements for ARMs under the WAC ARM Guarantor program. (e) Security wire instructions Security wire instructions are required for all pools. See Section 2201.1 for information regarding Certificate of Incumbency requirements. See Sections 6203.3(c) and 6204.3(c) for information about security wire instructions. See also Section 2403.2(b) for information regarding authorized Loan Selling Advisor® users and their designated user roles and completion and submission of required forms. (f) Use of a Settlement Cycle of less than five days for Guarantor deliveries For Mortgages delivered to Freddie Mac with a Settlement Cycle of less than five days, the Document Custodian must certify the Mortgages in Loan Selling Advisor by no later than 8:00 p.m. Eastern time on the Final Delivery Date to satisfy the requirements for completion of delivery set forth in Section 6301.4(a). Refer to Section 6301.4(a)(ii) for additional requirements.
Freddie Mac Guide 6302.3
MultiLender Swap program delivery instructions (12/17/25) ■ General requirements ■ Purchase tolerance ■ Data delivery instructions ■ Minimum commitment amount ■ Security wire instructions ■ Use of a Settlement Cycle of less than five days for MultiLender Swap program (a) General requirements For Mortgages sold under the MultiLender Swap program, a contract number (ULDD Data Point “Investor Contract Identifier”) will be made available to the Seller immediately upon taking out a MultiLender Swap Contract. For more information, see Chapter 6205.
Freddie Mac Guide 6302.3
302-12 The Seller must complete delivery of all Mortgages on or before the Final Delivery Date as provided in the MultiLender Swap Contract. The Contract Commitment Amount specified in the MultiLender Swap Contract must be in an amount at least equal to the minimum commitment amount specified in Section 6302.4(d). (b) Purchase tolerance For MultiLender Swap Contracts, any part of the Contract Commitment Amount specified in the MultiLender Swap Contract may be delivered, provided the minimum commitment amount is met. The maximum amount that Freddie Mac will purchase is the Contract Commitment Amount specified in the MultiLender Swap Contract, plus the greater of $100,000 or 5% of the Contract Commitment Amount. The Seller can increase a MultiLender Swap Contract amount up to an amount that does not exceed the remaining balance of the Commitment Amount plus the applicable tolerance. (c) Data delivery instructions (i) Mortgages sold under MultiLender Swap For Mortgages purchased by Freddie Mac under the MultiLender Swap program, the Seller must deliver the following ULDD Data Point: Data Required for Mortgages Sold under MultiLender Swap Sort ID ULDD Data Point Valid Value Notes LOAN – Current → Payment Details 385 Loan Acquisition Scheduled UPB Amount The scheduled UPB must include reductions for: ■ The principal due in the month of settlement (even if not collected) and all prior months ■ The principal portion of any advanced (prepaid) installments received prior to the Settlement Date ■ Any partial prepayments (curtailments) received on or before the Delivery Date 440 Last Paid Installment Due Date For newly originated Mortgages, enter the date through which interest is scheduled to be paid.
Freddie Mac Guide 6302.3
302-13 Data Required for Mortgages Sold under MultiLender Swap Sort ID ULDD Data Point Valid Value Notes For Mortgages for which there has been an advanced (prepaid) installment of interest, enter the date through which advanced (prepaid) installments of interest have been made. The related Glossary term is DDLPI. → Product Details 368 Investor Feature Identifier J99 For Mortgages sold for Green MBS, enter this value to indicate the Mortgage is secured by property with a qualifying Home Energy Rating System (HERS) score and/or ENERGY STAR certification, as described in Section 6202.3(f). (ii) Mortgages with lender crediting Borrower interest at closing If a lender credits the Borrower interest at closing in an amount equal to the interest due from the first day of the month through the day before the Note Date, the Borrower’s first monthly principal and interest payment is due the first day of the month immediately following the Mortgage closing. For such Mortgages, the Seller represents and warrants that the lender credited the Borrower with interest at closing, and the Seller must deliver the following ULDD Data Point: Data Required for Mortgages Sold under MultiLender Swap program when Lender Credits Borrower Interest at Closing Sort ID ULDD Data Point Valid Value Notes LOAN – Current → Payment Details 440 Last Paid Installment Due Date For fixed-rate Mortgages, enter the Note Date or first day of the month of closing. The related Glossary term is DDLPI. (d) Minimum commitment amount
Freddie Mac Guide 6302.3
302-14 The minimum dollar amount for a commitment entered into under the MultiLender Swap program is $1,000. (e) Security wire instructions Security wire instructions are required for all MultiLender pools. See Section 2201.1 for information regarding Certificate of Incumbency requirements. See Section 6205.3(c) for information about security wire instructions. See also Section 2403.2(b) for information regarding authorized Loan Selling Advisor® users and their designated user roles and completion and submission of required forms. (f) Use of a Settlement Cycle of less than five days for MultiLender Swap program For Mortgages delivered to Freddie Mac with a Settlement Cycle of less than five days, the Document Custodian must certify the Mortgages in Loan Selling Advisor by no later than 8:00 p.m. Eastern time on the Final Delivery Date to satisfy the requirements for completion of delivery set forth in Section 6301.4(a). Refer to Section 6301.4(a)(ii) for additional requirements.