Freddie Mac Single-Family Seller/Servicer Guide §9602.1 — Post-foreclosure reporting and compliance (09/10/25)
Freddie Mac Guide §9602.1 (Post-foreclosure reporting and compliance). Gap-fill (verbatim, ID-diff).
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide §9602.1 — Post-foreclosure reporting and compliance (09/10/25) — 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 9602.1
(09/10/25) This section contains requirements related to: ■ Servicer reporting of foreclosure sales to credit repositories ■ Servicer reporting to the Internal Revenue Service (IRS) (a) Servicer reporting of foreclosure sales to credit repositories The Servicer must report all foreclosure sales to the credit repositories listed in Exhibit 51, Credit Repositories and Information to Report, according to the requirements in Section 8106.1(d). (b) Servicer reporting to the IRS The Servicer must report the acquisition or abandonment of the property to the IRS according to the requirements in Section 8106.2(b) on IRS Form 1099-A, Acquisition or Abandonment of Secured Property. In the event that deficiency rights were not preserved during the foreclosure process as may be allowed under Section 9301.6(a)(ii), the Servicer must also report the cancelation of debt to the IRS according to the requirements in Section 8106.2(c) on IRS Form 1099-C, Cancellation of Debt.