Freddie Mac Single-Family Seller/Servicer Guide Section 6303.2 — Payment of fees

Freddie Mac Single-Family Seller/Servicer Guide Section 6303.2 — Payment of fees

6303.2: Payment of fees (12/17/25) This section contains requirements related to: ■ Payment of fees ■ Late payment policy (a) Payment of fees This section outlines the procedures and requirements for managing the Automated Clearing House (ACH) payments and drafts between Freddie Mac and Sellers concerning Mortgage transactions. It details both daily and monthly ACH processes, associated fees, the process for establishing ACH payments and policies in case of insufficient funds. (i) Daily ACH process Freddie Mac will remit to or draft from the Seller’s designated ACH account the net amount of the fees applicable to Mortgages sold under the Guarantor and MultiLender Swap programs on the fifth Business Day after each applicable Settlement Date. The following fees will be included: ■ Initial Credit Fees ■ Buyup proceeds and buydown fees ■ Buyup and buydown adjustments ■ Gold Rush® fees and adjustments ■ Guarantor settlement interest Adjustments and reversals to such fees will be made using the monthly ACH process or as per instructions provided by Freddie Mac. Freddie Mac Single-Family Seller/Servicer Guide Chapter 6303 As of 05/06/26 Page 6303-7 If the Seller is due a credit, Freddie Mac will deposit the credit amount to the designated ACH account within five Business Days of the Settlement Date. Freddie Mac will provide the Seller with a courtesy e-mail notice to the address specified by the Seller approximately two Business Days before the ACH draft. The Seller is responsible for ensuring that the ACH account maintains sufficient funds. Freddie Mac recommends that Seller designate one or more organization members as courtesy e-mail recipients. To designate, add, modify or delete a recipient, Sellers must send a written request to [email protected]. The request must include the Seller/Servicer number with contact information (name, e-mail and phone number). (ii) Monthly ACH process Freddie Mac will draft the net amount of all other fees associated with the sale of Mortgages to Freddie Mac, such as pairoff fees; any adjustments to Credit Fees applicable to Mortgages sold under the Cash, Guarantor and MultiLender Swap programs; and associated training fees from the Seller’s ACH account monthly in accordance with this Section 6303.2(a)(ii). In the alternative, if the Seller is due a credit, Freddie Mac will deposit the credit amount to the designated ACH account on the last Business Day of the month. If the monthly statement indicates a net amount due to Freddie Mac, Freddie Mac will draft the payment from the Seller’s ACH account on the last Business Day of the month. The Seller’s monthly account activity statement will reflect all ACH transactions completed during the statement period. To establish ACH payment, the Seller must complete, execute and submit to Freddie Mac Form 1132, Authorization for Automatic Transfer of Funds Through the Automated Clearing House (ACH) for Seller/Servicers, as an Electronic Record (as defined in Section 1401.1(b)) using a Portable Document Format (PDF) (or other Electronic Record format commonly used in the mortgage industry) that has been completed and contains the copy or representation of the pen and ink signature of the Authorized Employee (such copy or representation of the Authorized Employee’s signature shall be such Authorized Employee’s adopted Electronic Signature as defined in Section 1401.1(b)) and either: ■ Attach to an e-mail and deliver to Freddie Mac at [email protected]; or ■ Upload through the Freddie Mac eBill system. Freddie Mac and the Seller agree that the delivery of Electronic Records with Electronic Signatures are eligible Electronic Transactions (as defined in Section 1401.1(b)) and are governed by the applicable provisions of Chapter 1401. Freddie Mac Single-Family Seller/Servicer Guide Chapter 6303 As of 05/06/26 Page 6303-8 The employee authorized to execute Form 1132 on the Seller’s behalf must be designated as an “Authorized Employee” on the Seller’s Form 988SF, Certificate of Incumbency for a Bank, Savings Bank, Savings and Loan Association, Credit Union, Corporation or Limited Liability Company, or Form 989SF, Certificate of Incumbency for Limited Partnerships, as applicable. The account identified in Form 1132 for the payment of fees must be a Demand Deposit Account that is separate from any Custodial Account required to be maintained pursuant to any of the Purchase Documents. The Seller agrees to notify Freddie Mac immediately at [email protected] of any changes to the status of the Seller’s ACH account. (iii)Insufficient funds policy If funds in the Seller’s ACH account are insufficient to cover the statement amount, the Seller’s ACH account is invalid, or Freddie Mac is unable to draft from the Seller’s ACH account for any reason, the statement will be subject to the late payment fees described in Section 6303.2(b). In that event, the Seller must remit the amount due in accordance with instructions provided by Freddie Mac. Freddie Mac will not assess any late payment fee if funds in the Seller’s ACH account are insufficient to cover the amount due from a daily ACH draft or if Freddie Mac is unable to draft from the Seller’s ACH account under the daily ACH process for any reason. If any Seller ACH account amount due to Freddie Mac remains outstanding on the due date of the Seller’s monthly statement, the Seller will be assessed the late payment fees described in Section 6303.2(b) on such outstanding amount from and after that due date. (b) Late payment policy Fees and remittances not made when due are subject to a late payment fee, which includes an interest reimbursement charge. The interest on unpaid amounts is calculated as of the last day of the month in which the payment is due. Unless specified in the Guide for particular fees, the interest rate is the highest quoted prime rate on the last Business Day of the month plus 3.000%. The prime rate reference is typically the Money Rates section of The Wall Street Journal. In its absence, Freddie Mac will determine the rate. The late payment fee calculation follows this formula: (Amount paid late or past due) × (Prime rate + 3.000%) / 365 × Number of days in the unpaid month. Freddie Mac reserves the right to impose a late payment fee on any Seller/Servicer for untimely payments or required remittances, whether invoiced or not and regardless of billing notification method. The repurchase late fee will appear in the Seller account activity Freddie Mac Single-Family Seller/Servicer Guide Chapter 6303 As of 05/06/26 Page 6303-9 statement as described in Section 6303.1(a) and will be drafted from the Seller’s ACH account as per Section 6303.2(a). In addition to the interest reimbursement and other legal remedies, Freddie Mac may: ■ Demand payment before the Funding Date despite other provisions in the Purchase Documents ■ Postpone Settlement Dates for Pools with unpaid fees as of five Business Days before the proposed date Freddie Mac retains the right to adjust the late payment fee structure, which may involve changes to the interest rate, calculation methods or implementation of minimum fees or penalties. Additionally, Freddie Mac can modify the terms and procedures for crediting and payment of proceeds, fees and remittances. Such changes require a 30-day written notice to the Seller/Servicer. They may also necessitate pre-Settlement Date payments for reasons other than timely payment obligation breaches, with procedures defined at the time. 6303.2: Payment of fees (Future effective date 07/01/26) This section contains requirements related to: ■ Payment of fees ■ Late payment policy (a) Payment of fees This section outlines the procedures and requirements for managing the Automated Clearing House (ACH) payments and drafts between Freddie Mac and Sellers concerning Mortgage transactions. It details both daily and monthly ACH processes, associated fees, the process for establishing ACH payments and policies in case of insufficient funds. (i) Daily ACH process Freddie Mac will remit to or draft from the Seller’s designated ACH account the net amount of the fees applicable to Mortgages sold under the Guarantor and MultiLender Swap programs on the fifth Business Day after each applicable Settlement Date. The following fees will be included: ■ Initial Credit Fees Freddie Mac Single-Family Seller/Servicer Guide Chapter 6303 As of 05/06/26 Page 6303-10 ■ Buyup proceeds and buydown fees ■ Buyup and buydown adjustments ■ Gold Rush® fees and adjustments ■ Guarantor settlement interest Adjustments and reversals to such fees will be made using the monthly ACH process or as per instructions provided by Freddie Mac. If the Seller is due a credit, Freddie Mac will deposit the credit amount to the designated ACH account within five Business Days of the Settlement Date. Freddie Mac will provide the Seller with a courtesy e-mail notice to the address specified by the Seller approximately two Business Days before the ACH draft. The Seller is responsible for ensuring that the ACH account maintains sufficient funds. Freddie Mac recommends that Seller designate one or more organization members as courtesy e-mail recipients. To designate, add, modify or delete a recipient, Sellers must send a written request to [email protected]. The request must include the Seller/Servicer number with contact information (name, e-mail and phone number). (ii) Monthly ACH process Freddie Mac will draft the net amount of all other fees associated with the sale of Mortgages to Freddie Mac, such as pairoff fees; any adjustments to Credit Fees applicable to Mortgages sold under the Cash, Guarantor and MultiLender Swap programs; and associated training fees from the Seller’s ACH account monthly in accordance with this Section 6303.2(a)(ii). In the alternative, if the Seller is due a credit, Freddie Mac will deposit the credit amount to the designated ACH account on the last Business Day of the month. If the monthly statement indicates a net amount due to Freddie Mac, Freddie Mac will draft the payment from the Seller’s ACH account on the last Business Day of the month. The Seller’s monthly account activity statement will reflect all ACH transactions completed during the statement period. To establish ACH payment, the Seller must complete, execute and submit to Freddie Mac Form 1132, Authorization for Automatic Transfer of Funds Through the Automated Clearing House (ACH) for Seller/Servicers, as an Electronic Record (as defined in Section 1401.1(b)) using a Portable Document Format (PDF) (or other Electronic Record format commonly used in the mortgage industry) that has been completed and contains the copy or representation of the pen and ink signature of the Authorized Employee (such Freddie Mac Single-Family Seller/Servicer Guide Chapter 6303 As of 05/06/26 Page 6303-11 copy or representation of the Authorized Employee’s signature shall be such Authorized Employee’s adopted Electronic Signature as defined in Section 1401.1(b)) and either: ■ Attach to an e-mail and deliver to Freddie Mac at [email protected]; or ■ Upload through the Freddie Mac eBilling system. Freddie Mac and the Seller agree that the delivery of Electronic Records with Electronic Signatures are eligible Electronic Transactions (as defined in Section 1401.1(b)) and are governed by the applicable provisions of Chapter 1401. The employee authorized to execute Form 1132 on the Seller’s behalf must be designated as an “Authorized Employee” on the Seller’s Form 988SF, Certificate of Incumbency for a Bank, Savings Bank, Savings and Loan Association, Credit Union, Corporation or Limited Liability Company, or Form 989SF, Certificate of Incumbency for Limited Partnerships, as applicable. The account identified in Form 1132 for the payment of fees must be a Demand Deposit Account that is separate from any Custodial Account required to be maintained pursuant to any of the Purchase Documents. The Seller agrees to notify Freddie Mac immediately at [email protected] of any changes to the status of the Seller’s ACH account. (iii)Insufficient funds policy If funds in the Seller’s ACH account are insufficient to cover the statement amount, the Seller’s ACH account is invalid, or Freddie Mac is unable to draft from the Seller’s ACH account for any reason, the statement will be subject to the late payment fees described in Section 6303.2(b). In that event, the Seller must remit the amount due in accordance with instructions provided by Freddie Mac. Freddie Mac will not assess any late payment fee if funds in the Seller’s ACH account are insufficient to cover the amount due from a daily ACH draft or if Freddie Mac is unable to draft from the Seller’s ACH account under the daily ACH process for any reason. If any Seller ACH account amount due to Freddie Mac remains outstanding on the due date of the Seller’s monthly statement, the Seller will be assessed the late payment fees described in Section 6303.2(b) on such outstanding amount from and after that due date. (b) Late payment policy Fees and remittances not made when due are subject to a late payment fee, which includes an interest reimbursement charge. The interest on unpaid amounts is calculated as of the last day of the month in which the payment is due. Unless specified in the Guide for particular fees, the interest rate is the highest quoted prime rate on the last Business Day of the month plus Freddie Mac Single-Family Seller/Servicer Guide Chapter 6303 As of 05/06/26 Page 6303-12 3.000%. The prime rate reference is typically the Money Rates section of The Wall Street Journal. In its absence, Freddie Mac will determine the rate. The late payment fee calculation follows this formula: (Amount paid late or past due) × (Prime rate + 3.000%) / 365 × Number of days in the unpaid month. Freddie Mac reserves the right to impose a late payment fee on any Seller/Servicer for untimely payments or required remittances, whether invoiced or not and regardless of billing notification method. The repurchase late fee will appear in the Seller account activity statement as described in Section 6303.1(a) and will be drafted from the Seller’s ACH account as per Section 6303.2(a). In addition to the interest reimbursement and other legal remedies, Freddie Mac may: ■ Demand payment before the Funding Date despite other provisions in the Purchase Documents ■ Postpone Settlement Dates for Pools with unpaid fees as of five Business Days before the proposed date Freddie Mac retains the right to adjust the late payment fee structure, which may involve changes to the interest rate, calculation methods or implementation of minimum fees or penalties. Additionally, Freddie Mac can modify the terms and procedures for crediting and payment of proceeds, fees and remittances. Such changes require a 30-day written notice to the Seller/Servicer. They may also necessitate pre-Settlement Date payments for reasons other than timely payment obligation breaches, with procedures defined at the time. Freddie Mac Single-Family Seller/Servicer Guide Chapter 6304 As of 12/17/25 Page 6304-1 Chapter 6304: Document Custody

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