Freddie Mac Single-Family Seller/Servicer Guide 3101.2 — FHFA Suspended Couterparty Program
Freddie Mac Guide §3101.2 (FHFA Suspended Couterparty Program). Gap-fill (verbatim, ID-diff).
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 3101.2 — FHFA Suspended Couterparty Program — 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 3101.2 — FHFA Suspended Couterparty Program
This section contains requirements related to: ■ Avoiding employing Named Parties ■ Selling or Servicing Mortgages involving Named Parties ■ Responsibility to review FHFA’s SCP list FHFA maintains a Suspended Counterparty Program (SCP) and requires Freddie Mac to refrain from and/or cease conducting business with individuals and entities listed on FHFA’s SCP list (“Named Parties”), subject to any conditions or exclusions in the applicable Named Party’s final suspension order. (a) Avoiding employing Named Parties Seller/Servicers must establish and maintain procedures to ensure Seller/Servicers do not employ or contract with Named Parties for any purpose directly related to the origination, underwriting, or Servicing of a Freddie Mac Mortgage, subject to any conditions or exclusions in the applicable SCP Named Party’s final suspension order. (b) Selling or Servicing Mortgages involving Named Parties The Seller must not sell to Freddie Mac, and the Servicer must not engage in any Servicing activity in connection with, any Mortgage in which a Named Party is a necessary signatory on the Note, Security Instrument, modification agreement, deed of sale (e.g., short sale, thirdparty sale, etc.) or other contract related to such Mortgage, subject to any conditions or exclusions in the applicable Named Party’s final suspension order. (c) Responsibility to review FHFA’s SCP list Seller/Servicers are responsible for reviewing FHFA’s SCP list and related final suspension orders, which can be found on FHFA’s website at http://www.fhfa.gov/SupervisionRegulation/LegalDocuments/Pages/SuspendedCounter partyProgram.aspx.
Operationalizing Freddie Mac Single-Family Seller/Servicer Guide 3101.2 — FHFA Suspended Couterparty Program
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-3101-2/
· register fhlmc-3101-2 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.