Freddie Mac Single-Family Seller/Servicer Guide 8106.1 — General requirements for Servicing-related reports to Freddie Mac, third parties and the Borrower

Freddie Mac Single-Family Seller/Servicer Guide 8106.1 — General requirements for Servicing-related reports to Freddie Mac, third parties and the Borrower

Effective 2025-07-09 · Freddie Mac's stamp for this section

This section contains requirements related to: ■ Computer facsimiles ■ Submission of additional reports to Freddie Mac ■ Noncompliance fees ■ Reports to credit repositories A Servicer must report regularly to Freddie Mac on Servicing activities for Freddie Mac-owned Mortgages. Servicers are also required to report certain information to third parties as well as the Borrower. Each report and all correspondence to Freddie Mac for a particular Mortgage must reference the Freddie Mac Seller/Servicer number and the Freddie Mac loan number. (a) Computer facsimiles Freddie Mac will accept computer-generated facsimiles for: ■ Form 1013, 1-4 Unit Property Inspection Report ■ Form 105, Multipurpose Loan Servicing Transmittal Any computer-generated facsimiles of these forms must: ■ Reflect the most current version of the comparable Freddie Mac form ■ Be in the same format as the comparable Freddie Mac form with no alterations to the placement of the data fields and no deletions of data fields ■ Provide at least two lines of space between detail lines (b) Submission of additional reports to Freddie Mac The Servicer must submit such other reports as Freddie Mac may require from time to time. (c) Noncompliance fees Failure to provide timely, complete and accurate reports (regardless of the mode of submission or transmission) subjects the Servicer to the Servicing reporting noncompliance compensatory fees. Investor Accounting reporting and Servicing reporting noncompliance compensatory fees are monitored and assessed separately. Freddie Mac reserves the right to change all fees and other remedies at any time and at its sole discretion. (d) Reports to credit repositories (i) Reporting payment status of the Mortgage to the credit repositories For each Mortgage serviced for Freddie Mac under the Home Mortgage program, a Servicer must report on a monthly basis the payment status of the Mortgage to the credit repositories listed in Exhibit 51, Credit Repositories and Information to Report. Freddie Mac does not specify a particular day of the month by which the Servicer must perform the full-file reporting. Freddie Mac requires only that the reporting be performed on a monthly basis for all Mortgages regardless of the Mortgage status. The Servicer may report after each month end to allow time for payment corrections, returned checks and other adjustments to be processed. Freddie Mac will audit Servicers for compliance with the full-file credit reporting requirements. (ii) Full-file reporting requirements Full-file reporting includes Mortgages recently originated, current and delinquent Mortgages, Mortgages liquidated through workout options or foreclosure and chargeoffs. Each credit repository will provide the Servicer with the applicable codes to use to report each Mortgage status type. Freddie Mac will not require reporting to a repository that does not serve the jurisdiction for which a report must be filed. Written advice from a repository that it cannot accept a Servicer’s report for a given jurisdiction because it does not serve that jurisdiction will be sufficient evidence to Freddie Mac that the Servicer is in compliance with Freddie Mac’s requirements for that jurisdiction. Borrowers or their representatives are permitted under the Federal Fair Credit Reporting Act (FCRA) to inquire about or dispute the accuracy of information in their credit repository files. This right to inquire about or dispute the accuracy of information applies to any Mortgage that the Servicer services for Freddie Mac, just as it does to any other indebtedness of a Borrower. A Borrower may send an inquiry or a notice of dispute concerning the accuracy of reported information about the Borrower’s Mortgage directly to the Servicer or to any of the credit repositories listed in Exhibit 51. Whenever the Servicer receives such an inquiry or notice of dispute from a Borrower or receives a letter from a credit repository requesting verification or correction of Mortgage-related information, the Servicer must respond in accordance with the requirements of the FCRA.

Source: Freddie Mac Single-Family Seller/Servicer Guide 8106.1 — General requirements for Servicing-related reports to Freddie Mac, third parties and the Borrower · source URL · snapshot 4c94f67729042dd6