Freddie Mac Single-Family Seller/Servicer Guide Section 6303.1 — Assessment of fees

Freddie Mac Single-Family Seller/Servicer Guide Section 6303.1 — Assessment of fees

6303.1: Assessment of fees (05/06/26) This section contains requirements related to: ■ Assessment of fees ■ Fee for Purchase Contracts that exceed the Maximum Annual Mortgage Purchase Amount ■ Refunds, repayments, credits and adjustments ■ Recapture of premiums and reimbursement of buyup proceeds (a) Assessment of fees In connection with the delivery of certain Mortgages, the following arrangements are established regarding fees: ■ The Seller may be required to pay Freddie Mac Credit Fees and/or other types of fees (including buydown fees, as defined in Section 6201.2(c)(i)), or ■ Freddie Mac may be required to pay the Seller proceeds (such as buyup proceeds) or apply a credit for a Credit Fee The fees and proceeds will be calculated, assessed and paid, and credits for Credit Fees will be applied, as described in this chapter. (i) Credit Fees The Seller must refer to Exhibit 19, Credit Fees, for information on Credit Fees. Credit Fees are paid in accordance with the Credit Fee provisions stated in Section 6303.2(a). (A) Assessment of Credit Fees Credit Fees will be assessed and billed to the Seller in conjunction with the sale of Mortgages with certain loan attributes. A particular Mortgage may be subject to more than one Credit Fee. Unless stated otherwise in the Seller’s Purchase Documents, Credit Fees applicable to a Mortgage are cumulative. (B) Calculation of Credit Fees in Price Freddie Mac Single-Family Seller/Servicer Guide Chapter 6303 As of 05/06/26 Page 6303-2 Credit Fees in Price are calculated by multiplying the Credit Fee in Price rate(s) by the UPB of the Mortgage on the Funding/Settlement Date. (C) Base Grid Credit Fees For all Mortgages with certain Base Grid combinations, Credit Fees will be assessed and billed to the Seller as follows: ■ Unless the Mortgage is sold through Cash-Released XChange®, for Base Grid Credit Fees applicable to Loan Product Advisor® Mortgages, the applicable Credit Fee will be based on the loan-to-value (LTV) ratio calculated by Freddie Mac based on data delivered by the Seller and the Indicator Score found on the Last Feedback Certificate. Note: If the Seller does not deliver the Key Number for a Loan Product Advisor Mortgage, that Mortgage will be assessed the below 620 Base Grid fee. ■ For Mortgages sold through Cash-Released XChange, the Seller must deliver ULDD Data Point Loan Level Credit Score Value regardless of whether the Mortgage is a Loan Product Advisor Mortgage, and the Mortgage will be assessed Base Grid Credit Fees based on ULDD Data Point Loan Level Credit Score Value ■ For Non-Loan Product Advisor Mortgages, Base Grid Credit Fees are assessed based on the Indicator Score delivered to Freddie Mac and the LTV ratio calculated by Freddie Mac in conjunction with the sale of Mortgages. Freddie Mac’s LTV ratio calculation is based on data delivered by the Seller. Note: If the Seller does not deliver the Indicator Score for Non-Loan Product Advisor Mortgages, the Mortgages will be assessed the below 620 Base Grid fee. (D) Notification of changes to Credit Fees Upon prior written notice to the Seller, Freddie Mac reserves the right to: ■ Change an existing Credit Fee rate (including a credit for a Credit Fee) ■ Change the process used to determine whether a Mortgage is subject to a Credit Fee or eligible for a credit for a Credit Fee, or ■ Implement a Credit Fee or credit for a Credit Fee on any Mortgage Product and/or Mortgage attribute that is not subject to a Credit Fee or eligible for a credit for a Credit Fee (ii) Payment of buyup proceeds and buydown fees Freddie Mac Single-Family Seller/Servicer Guide Chapter 6303 As of 05/06/26 Page 6303-3 All buyup proceeds and buydown fees will be determined in accordance with the provisions of Section 6201.2(c)(iv), as applicable. Credit Fees applicable to the Mortgage will be either: ■ Deducted from the amount of any buyup proceeds applicable to the Mortgage, or ■ Added to the amount of any buydown fees applicable to the Mortgage (iii) Gold Rush® fees For Guarantor or MultiLender Swap Contracts, Gold Rush fees will be determined in accordance with the following sections: Gold Rush fees Contract Guide section Fixed-Rate Guarantor Contracts Section 6203.2(a) WAC ARM Guarantor Contracts Section 6204.2(a) MultiLender Swap Contracts Section 6205.2(a) (iv) Monthly invoice and account activity statement Sellers may contact [email protected] with questions about their monthly invoice and account activity statement. The following information outlines the process of monthly invoicing and account statements for Sellers engaging with Freddie Mac under various Mortgage contract programs. (A) Monthly invoice (I) Mortgages sold under cash Purchase Contracts For all Mortgages sold to Freddie Mac under cash Purchase Contracts under the Cash program, Freddie Mac will net the amount of Credit Fees and credits for Credit Fees against the amount paid to the Seller. Additionally, all other fees applicable to Mortgages sold under the Cash program (e.g., pairoff fees and any premium recapture described in Section 6303.1(d)) will be assessed on the Seller’s monthly invoice. (II) Mortgages sold under Guarantor and MultiLender Swap Contracts Freddie Mac Single-Family Seller/Servicer Guide Chapter 6303 As of 05/06/26 Page 6303-4 The net amount of initial Credit Fees, buyup proceeds, buydown fees and settlement interest applicable to Mortgages sold to Freddie Mac under Guarantor and MultiLender Swap Contracts will be drafted from the Automated Clearing House (ACH) account that the Seller has designated for payment of fees associated with the sale of Mortgages to Freddie Mac in accordance with the provisions of the daily ACH process described in Section 6303.2(a)(i). The net amount of all other monthly billed fees associated with the sale of Mortgages to Freddie Mac under the Guarantor and MultiLender Swap programs (such as pairoff fees, any adjustments to a Credit Fee applicable to Mortgages sold under the Guarantor and MultiLender Swap programs and any early payoff proceeds described in Section 6303.1(d)) will be assessed on the Seller’s monthly invoice and drafted from the Seller’s ACH account monthly in accordance with the provisions of the monthly ACH process described in this Chapter 6303. (B) Account activity statement Included with the monthly invoice is a statement reflecting all open account activity and the total amount due on the Seller’s account for the most recent calendar month. The statement will include late fees as described in Section 6303.2(b) for accounts past due and any account adjustments or credits received for previous months’ activities. (b) Fee for Purchase Contracts that exceed the Maximum Annual Mortgage Purchase Amount If Freddie Mac has established a Maximum Annual Mortgage Purchase Amount with respect to the Seller, Freddie Mac may charge a reasonable fee based on the entire amount of any Purchase Contract that is rescinded pursuant to Section 1201.4(b). Freddie Mac will determine the amount of the fee at the time the fee is assessed. The Seller must remit to Freddie Mac the full amount of the fee in the same manner as the payment of Credit Fees set forth in Section 6303.2(a). (c) Refunds, repayments, credits and adjustments (i) Refunding Credit Fees and repayment of credits for Credit Fees in connection with repurchases During the first 12 months after the funding/settlement of a Mortgage, Freddie Mac may provide to the Seller a refund for all or a portion of the Credit Fees associated with the Mortgage if: ■ Freddie Mac considers the Mortgage ineligible for purchase Freddie Mac Single-Family Seller/Servicer Guide Chapter 6303 As of 05/06/26 Page 6303-5 ■ The Seller is obligated to repurchase the Mortgage from Freddie Mac ■ The Seller voluntarily requests and receives approval to repurchase the Mortgage from Freddie Mac For Mortgages deemed ineligible or those requiring repurchase, the Seller must reimburse Freddie Mac for any credits for Credit Fees that were applied to the Seller’s monthly invoice or purchase price under the Cash program. Note: For any refunded Credit Fee, Freddie Mac may apply a processing fee, of 0.5% of the Mortgage’s UPB on the Funding/Settlement Date; in no event will the processing fee exceed the refund amount. (ii) Recalculating Credit Fees, credits for Credit Fees and proceeds If, within the first six months following the funding/settlement month, either Freddie Mac or the Seller identifies inaccurate delivery data that affects the Credit Fee calculation or funding fee calculation for the Mortgage, Freddie Mac will use the corrected data to: ■ Recalculate the Credit Fee or funding fee ■ Adjust the credit for the Credit Fee or the proceeds received by Freddie Mac Depending on the recalculated amounts, the Seller may incur additional fees, receive a refund, gain credit or be required to repay previous amounts. The adjustments will appear on a subsequent monthly invoice. Any other recalculations regarding Credit Fees, funding fees, credits or proceeds will be at Freddie Mac’s discretion. (d) Recapture of premiums and reimbursement of buyup proceeds For any Mortgage that is paid off (whether because of a refinance, a prepay or any other reason) within 120 days of the Freddie Mac Funding Date or Settlement Date, Freddie Mac may, in its sole discretion, require the Seller/Servicer to reimburse Freddie Mac for: ■ With respect to a Mortgage delivery through the Cash program: Any premium paid for the Mortgage (defined as the amount by which the purchase price exceeded the par price, after netting out the delivery fees) plus a processing fee not to exceed 50 basis points multiplied by the outstanding UPB of the Mortgage on the Funding Date (this amount is referred to as the Premium Recapture Fee), and ■ With respect to a Mortgage delivery through the Guarantor or MultiLender Swap program: Freddie Mac Single-Family Seller/Servicer Guide Chapter 6303 As of 05/06/26 Page 6303-6 ❑ An amount equal to 100 basis points (1%) of the outstanding UPB of the Mortgage, on the Funding Date (this amount is referred to as the Early Payoff Fee), and ❑ Any buyup proceeds paid by Freddie Mac to the Seller in connection with the delivery of the Mortgage The amount of these premiums, fees and buyup proceeds will be reported on the Seller account activity statement and drafted from the Seller’s ACH account, as described in Section 6303.2(a).

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