Freddie Mac Single-Family Seller/Servicer Guide 8101.2 — Servicer’s limited power of attorney, execution of documents

Freddie Mac Single-Family Seller/Servicer Guide 8101.2 — Servicer’s limited power of attorney, execution of documents

Effective 2025-09-10 · Freddie Mac's stamp for this section

This section contains requirements related to: ■ Servicer’s limited power of attorney ■ Servicer’s execution of documents (a) Servicer’s limited power of attorney The Servicer agrees to accept a limited power of attorney from Freddie Mac empowering the Servicer to perform all duties of the mortgagee in canceling the Note and Security Instrument upon satisfaction of the Borrower’s debt. Freddie Mac may, at its discretion, provide a broader power of attorney, which the Servicer agrees to accept. The Servicer must: ■ Comply with all local recording requirements ■ Assume responsibility for any recording fee assessed by the applicable authority ■ Identify to Freddie Mac, if requested, all jurisdictions where Freddie Mac’s power of attorney has been recorded A sample limited power of attorney available from Freddie Mac, which outlines the types of documents a Servicer can execute, endorse and acknowledge in Freddie Mac’s name, is available in Exhibit 53, Limited Power of Attorney. (b) Servicer’s execution of documents All requests for Freddie Mac execution of documents must be submitted to Freddie Mac (see Directory 9). The documents that require Freddie Mac execution must be submitted with a Request for Assistance Form, which is available at: https://sf.freddiemac.com/docs/pdf/fact-sheet/sats_instructions.pdf. Freddie Mac will return the executed documents after verifying that the requesting Servicer has met all conditions as necessitated by the type of action requested and applicable law. Servicers should not submit documents for Freddie Mac’s signature that they are authorized to sign under the limited power of attorney from Freddie Mac. They may execute the following documents in Freddie Mac’s name when the Mortgage has been assigned to Freddie Mac: ■ Release documents ■ Assignments of the Security Instrument for initiating foreclosures ■ Certain other documents outlined in Exhibit 53 A Servicer may request a limited power of attorney in accordance with the requirements of Section 8101.2(a) by contacting Freddie Mac (see Directory 9). In addition, under certain circumstances, Freddie Mac may require that a Servicer obtain a limited power of attorney from Freddie Mac and use it to complete specific transactions according to the requirements of Section 8101.2(a).

Source: Freddie Mac Single-Family Seller/Servicer Guide 8101.2 — Servicer’s limited power of attorney, execution of documents · source URL · snapshot 4c94f67729042dd6