Freddie Mac Single-Family Seller/Servicer Guide 4701.3 — Commissions, fees or other compensation on insurance
Freddie Mac Single-Family Seller/Servicer Guide section 4701.3 — Commissions, fees or other compensation on insurance. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 4701.3 — Commissions, fees or other compensation on insurance — 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 4701.3 — Commissions, fees or other compensation on insurance
The Seller warrants that in connection with the placement or renewal of any mortgage insurance, including insurance on any other Mortgages it owns, to the Seller’s knowledge, the insurer (including its parent company or any affiliate thereof) has not caused or permitted any consideration or thing of value (other than the protection provided by its mortgage insurance) to be paid to or received by any of the following: ■ The Mortgage lender ■ Any officer, director or employee of the lender or any member of their immediate families ■ Any insurance agency, corporation (other than the insurer), partnership, trust or other business entity (including any service corporation, whether organized for profit or otherwise) in which the lender or any of its officers, directors, employees or their immediate family members have financial interest, or ■ Any designee, trustee, nominee or other agent or representative of any of the foregoing This requirement applies to any commission, fee or other compensation on all mortgage insurance presently in force or to be placed in the future.
Operationalizing Freddie Mac Single-Family Seller/Servicer Guide 4701.3 — Commissions, fees or other compensation on insurance
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-4701-3/
· register fhlmc-4701-3 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.