Freddie Mac Single-Family Seller/Servicer Guide Chapter 9401 — Bankruptcy
Chapter 9401 of the Freddie Mac Single-Family Seller/Servicer Guide provides Servicing requirements for Mortgages subject to bankruptcy proceedings: bankruptcy overview, general requirements, Freddie Mac rights, managing bankruptcy filings, multiple bankruptcy filings, bankruptcy cramdowns, and post-bankruptcy actions. NOTE: actual title is "Bankruptcy"; Freddie's foreclosure rules live in Chapter 9301.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide Chapter 9401 — Bankruptcy — 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 Section 9401.1(a) — Bankruptcy
The Servicer must take appropriate action to
Freddie Mac Guide Section 9401.1(c) — Bankruptcy general requirements
When the Servicer receives notice or confirms information that a Borrower has filed a bankruptcy petition, at a minimum, the Servicer must: 1.
Freddie Mac Guide Section 9401.1(c) — Modification conditioned on bankruptcy court approval
Servicers must inform the Borrower, Borrower’s counsel or bankruptcy trustee that an approved modification is conditioned on obtaining the bankruptcy court’s approval, if necessary, to modify the Mortgage prior to the due date of the first modified payment.
Operationalizing Freddie Mac Single-Family Seller/Servicer Guide Chapter 9401 — Bankruptcy
This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.
To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.
Source of record: https://claudeforcompliance.com/regs/fhlmc-9401/
· register fhlmc-9401 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.