Freddie Mac Single-Family Seller/Servicer Guide Section 1301.3 — Inspection of records
Freddie Mac Single-Family Seller/Servicer Guide Section 1301.3 — Inspection of records.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide Section 1301.3 — Inspection of records — 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 Single-Family Seller/Servicer Guide Section 1301.3 — Inspection of records
1301.3: Inspection of records (12/17/25) The Seller/Servicer agrees to allow Freddie Mac, during normal business hours, to inspect all of the Seller/Servicer’s books and records pertaining to its Mortgage operations and to any Mortgages purchased by Freddie Mac, including, without limitation, any Seller/Servicer: ■ Organizational and associated documents such as its articles of organization, operating agreement, employment agreements and management agreements, and ■ Contract(s) with a Related Third Party Freddie Mac may request an inspection of records, either before or after termination of the Servicing Contract and related Servicing Contract Rights, whether in whole or in part, the Servicer must permit Freddie Mac at any time during normal business hours to inspect the Mortgage files and all of the Servicer’s records pertaining to Mortgage operations related to Freddie Mac. The inspection may include a review of the Servicer’s information security and business continuation programs, copies of independent audits and assessments addressing privacy and/or data security (e.g., system and organization control reports). For Mortgage files or Freddie Mac information, Freddie Mac may alternatively request a copy of .the files These inspection rights will survive for the period during which the Servicer retains Mortgage files or Freddie Mac information, including pursuant to Applicable Laws. Additionally, for as long as the Servicer retains possession of Mortgage files or Freddie Mac information, the Servicer must: ■ Securely store and retain such information in accordance with the standards set forth in Sections 1302.1 and 1302.2; and ■ Comply with the notice requirements in the event of a Security Incident or Privacy Incident Upon request by Freddie Mac and not less than annually, the Servicer must provide an attestation in a form reasonably acceptable to Freddie Mac and executed by a duly authorized corporate officer confirming the Servicer is in compliance with such standards. Upon the expiration of the Servicer’s obligation to retain Mortgage files or Freddie Mac information under Applicable Laws, the Servicer must contact Freddie Mac to inquire whether Freddie Mac will require the Servicer to return, transfer to another Servicer or destroy such files or information, and the Servicer must comply with such direction from Freddie Mac. If Freddie Mac instructs the Servicer to destroy the Mortgage files or Freddie Mac information, then such destruction must be done consistent with the then current and acceptable industry Freddie Mac Single-Family Seller/Servicer Guide Chapter 1301 As of 05/06/26 Page 1301-12 standards and best practices. The Servicer must provide an attestation to Freddie Mac executed by a duly authorized corporate officer in a form reasonably acceptable to Freddie Mac confirming such destruction. The Servicer may elect to make such attestations on a rolling basis not less than annually.