Freddie Mac Single-Family Seller/Servicer Guide Section 6101.2 — Fixed-rate Cash Contracts

Freddie Mac Single-Family Seller/Servicer Guide Section 6101.2 — Fixed-rate Cash Contracts

6101.2: Fixed-rate Cash Contracts (11/05/25) This section contains requirements related to: ■ Mandatory fixed-rate Cash Contracts ■ Best Efforts fixed-rate Cash Contracts ■ Certain negotiated pricing under Fixed-rate Cash (a) Mandatory fixed-rate Cash Contracts (i) Offer amounts and procedures for Mandatory Cash Contracts Each Business Day, the Seller may take out Mandatory Cash Contracts to sell one or more Mortgages. Freddie Mac will endeavor to announce prior to the offer day if commitments will not be available due to holidays or other reasons. The minimum amount for an individual Mandatory Cash Contract is $1,000. Freddie Mac may, at its discretion and at any time, impose a maximum contract amount for individual Mandatory Cash Contracts. The Seller may enter into multiple mandatory cash contracts but may not exceed $200 million in aggregate fixed-rate and WAC ARM (see Section 6102.2(a)) commitment volume per day. The Seller may seek an exception to this amount by contacting the Cash Desk ([email protected] or 571-382-5960). Note: If this limit is exceeded without prior Freddie Mac approval, Freddie Mac may pair off the Seller’s contract(s) or may require the Seller to pair off the contract(s) at the Seller’s expense. (ii) Seller obligations for Mandatory Cash Contracts Under a Mandatory Cash Contract, the Seller must: ■ Sell to Freddie Mac one or more Mortgages that meet all of the contract requirements and have an aggregate UPB equal to the contract amount, subject to the purchase tolerance applicable to cash contracts under Section 6401.1 ■ Complete all requirements for the sale of the Mortgages by the close of business on the Purchase Contract Expiration Date The terms of the Purchase Contract are provided in Loan Selling Advisor® and made available in Loan Selling Advisor’s Purchase Contract Confirmation. Freddie Mac Single-Family Seller/Servicer Guide Chapter 6101 As of 12/17/25 Page 6101-4 (iii)Contract periods for Mandatory Cash Contracts In Loan Selling Advisor, the Purchase Contract Effective Period is the period of time for which a price for eligible Mortgages provided to the Seller by Loan Selling Advisor is effective. The Seller may select a Purchase Contract Effective Period of between two and 90 days or such other time frame as permitted by Loan Selling Advisor. All of the requirements for all Mortgages under the contract must be completed by the Purchase Contract Expiration Date. (iv) Pricing for Mandatory Cash Contracts Pricing is available in Loan Selling Advisor each Business Day and is based on prices Freddie Mac expects to receive in the securities market for the related UMBS® or MBS. The price also reflects the Mortgage Note Rate, the Minimum Contract Servicing Spread and the delivery period. Freddie Mac will update prices on active Mortgage coupons throughout the day to reflect movements in the securities market. Posted prices assume a 0.250% Minimum Contract Servicing Spread and the use of the Standard Remittance Cycle. The contract price the Seller receives through Loan Selling Advisor may be adjusted as the Seller allocates Mortgages to the contract or provides more detailed Mortgage data. The Seller indemnifies Freddie Mac for any and all costs and expenses incurred by Freddie Mac as a result of the Seller’s sale of a Mortgage that Freddie Mac priced and purchased under a Mandatory Cash Contract based on incomplete and/or inaccurate Mortgage data provided by the Seller for which Freddie Mac would have provided a different price if the Mortgage data provided by the Seller had been complete and accurate. Once the Seller has accepted and agreed to the contract price provided by Freddie Mac, there is a binding commitment by Freddie Mac to purchase, and by the Seller to sell, Mortgages under the contract terms (subject to the conformity of each Mortgage to the requirements of the Purchase Documents). (v) Specified payups for Mandatory Cash Contracts For Mortgages with certain attributes, the Seller may be eligible to receive specified payups to standard cash pricing. The contract must be a 10-, 15-, 20- or 30-year mandatory fixed-rate contract. The cash payups are eligible for full commitment periods including extensions. All Mortgages within the contract must meet the requirements of the payup. Otherwise, the Seller will not be able to allocate the Mortgage to the contract. Freddie Mac Single-Family Seller/Servicer Guide Chapter 6101 As of 12/17/25 Page 6101-5 Mortgage characteristics that are eligible for specified payups are available in Loan Selling Advisor. Super conforming Mortgages sold under 100% super conforming Cash Contracts may be subject to price adjustments. See Chapter 4603 for special eligibility requirements for super conforming Mortgages. See Section 6302.31 for delivery requirements for fixed- rate Cash Contracts for super conforming Mortgages. For more details: go to https://sf.freddiemac.com/working-with-us/selling- delivery/delivery-options-pricing/cash-payups. (vi) Pairoff process for Mandatory Cash Contracts In the event the contract amount will not be fulfilled by delivery of Mortgages, the Seller may request a pairoff via Loan Selling Advisor or may wait until the contract expires and Loan Selling Advisor automatically calculates the pairoff fee. The pairoff process used in Loan Selling Advisor is “two-way” and may result in either a fee due Freddie Mac from the Seller or a fee due the Seller from Freddie Mac, depending on market conditions. The Seller may also choose to allocate Mortgages to “pair off and transfer to a new contract” (or pair off and recommit). With this functionality, the Seller may: ■ Pair off part or all of a current contract ■ Take out a new contract with different terms and/or a different amount ■ Transfer non-funded loans to a new contract to extend the Purchase Contract Effective Period or increase the Purchase Contract amount A pairoff fee calculated and provided by Loan Selling Advisor is non-negotiable. Freddie Mac reserves the right to amend the provisions of this section or Section 6401.1 relating to the Loan Selling Advisor pairoff process without prior notice. (vii) Mandatory Cash Contract extensions In the event the contract amount specified in a Mandatory Cash Contract will not be fulfilled on or prior to the contract expiration date, the Seller may extend, in Loan Selling Advisor, the Mandatory Cash Contract at any time on or prior to the contract expiration date. The Seller may extend the contract an unlimited number of times, as long as the total extension period plus the original contract term does not exceed 120 days and each extension is less than 90 days beyond the current date. Freddie Mac Single-Family Seller/Servicer Guide Chapter 6101 As of 12/17/25 Page 6101-6 In exchange for the contract extension, the Seller will be assessed a fee to be paid in accordance with Section 6303.2(a). (b) Best Efforts fixed-rate Cash Contracts (i) Offer amounts and procedures for Best Efforts Cash Contracts Each Business Day, the Seller may take out a Best Effort Contract to sell a specific fixed- rate Mortgage. Freddie Mac will endeavor to announce prior to the offer day if commitments will not be available due to holidays or other reasons. The minimum amount for an individual Best Efforts Contract is $1,000. Freddie Mac may, at its discretion and at any time, impose a maximum contract amount for Best Efforts Cash Contracts. (ii) Seller obligations for Best Efforts Cash Contracts Under a Best Efforts Contract, the Seller must: ■ Use its best efforts to close and fund a specified Mortgage ■ Sell the Mortgage to Freddie Mac, at a cash price determined by Freddie Mac, if the Mortgage with the same Borrower(s) and property address is closed and funded ■ With respect to Mortgages sold under a Best Efforts Contract, no later than close of business on the Business Day following the day on which the Seller denies the Borrower’s Mortgage application or the Borrower exercises his/her right of rescission, notify Freddie Mac of the change in the Mortgage application status or the rescission, as applicable, via Loan Selling Advisor (also known as “Withdraw Loan” status). Such notification must occur within the Purchase Contract Effective Period. The terms of the Purchase Contract are provided in Loan Selling Advisor. (iii)Contract periods for Best Efforts Contracts In Loan Selling Advisor, the Purchase Contract Effective Period is the period of time for which a price for eligible Mortgages provided to the Seller by Loan Selling Advisor is effective. The Seller may select a Purchase Contract Effective Period of between two and 90 days or such other time frame as permitted by Loan Selling Advisor. All of the requirements for the specified Mortgage under the contract must be completed by the Purchase Contract Expiration Date. If the Mortgage specified under a Best Efforts Contract closes and funds after the Best Efforts Contract expires, the Seller remains obligated to sell the Mortgage to Freddie Mac Freddie Mac Single-Family Seller/Servicer Guide Chapter 6101 As of 12/17/25 Page 6101-7 under that same Best Efforts Contract. See Section 6101.2(b)(iv) below for the impact on pricing of selling a Mortgage under a Best Efforts Contract that has expired. If, despite the Seller’s best efforts, the Mortgage is not closed and funded, the Seller will not be assessed a pairoff fee. The Seller may substitute a different loan to fulfill this contract. Pricing adjustments may apply. See Section 6101.2(b)(iv) for Best Efforts Contracts. However, the Seller indemnifies Freddie Mac for any and all costs and expenses incurred by Freddie Mac as a result of the Seller’s failure to sell a Mortgage to Freddie Mac that is closed and funded by the Seller. Furthermore, the Seller may not: ■ Substitute a Mortgage with a different Borrower(s) or a different property address for the Mortgage specified in the Best Efforts Contract ■ Take out another Best Efforts Contract or a Mandatory Cash Contract, either sequentially or at the same time, for the same Mortgage ■ Take out a Best Efforts Contract with fictitious Borrower data or a fictitious property address ■ Sell a Mortgage specified in a Best Efforts Contract to another investor If the Seller fails to comply with the requirements specified above, Freddie Mac may immediately terminate the Seller’s eligibility to sell under a Best Efforts Contract. (iv) Pricing for Best Efforts Cash Contracts Pricing is available in Loan Selling Advisor each Business Day and is based on prices Freddie Mac expects to receive in the securities market for the related UMBS or MBS. The price also reflects the Mortgage Note Rate, the Minimum Contract Servicing Spread, the delivery period and the cost that Freddie Mac incurs for managing interest rate risk on behalf of the Seller. Freddie Mac will update prices on active Mortgage coupons throughout the day to reflect movements in the securities market. Posted prices assume a 0.250% (25 basis point) Minimum Contract Servicing Spread and the use of the Standard Remittance Cycle. Among other considerations, Freddie Mac will consider the Seller’s success rate, under prevailing market conditions, in closing Mortgages that are allocated to Best Efforts Contracts. A Mortgage that fails to fund and close as specified in the Best Efforts Contract may adversely affect the Seller’s pricing for future Best Efforts Contracts. For Mortgages allocated to Best Efforts Contracts, if any of the characteristics change, the Seller must modify the Mortgage data. Freddie Mac Single-Family Seller/Servicer Guide Chapter 6101 As of 12/17/25 Page 6101-8 Example: If the Borrower switches from a 30-year fixed-rate Mortgage to a 15-year fixed-rate Mortgage, the Mortgage data must be modified without allocating the Mortgage to a new Best Efforts Contract. The contract will be re-priced using the prices in effect as of the date that the Seller originally accepted the Best Efforts Contract price. In addition, if the Seller sells a Mortgage that has closed and funded after a Best Efforts Contract has expired, Freddie Mac will determine the price for that Mortgage at the time of sale. The Seller indemnifies Freddie Mac for any and all costs and expenses incurred by Freddie Mac as a result of the Seller’s sale of a Mortgage that Freddie Mac priced and purchased under a Best Efforts Contract based on incomplete and/or inaccurate Mortgage data provided by the Seller, for which Freddie Mac would have provided a different price if the Mortgage data provided by the Seller had been complete and accurate. (v) Specified payups for Best Efforts Cash Contracts For Mortgages with certain attributes, Sellers may be eligible to receive specified payups to standard cash pricing. The contract must be a 10-, 15-, 20- or 30-year Best Efforts fixed-rate contract. The cash payups are eligible for full commitment periods, including extensions. All Mortgages within the contract must meet the requirements of the payups. If a Mortgage does not meet the requirements for the applicable Cash Contract, the Seller will not be able to allocate the Mortgage to the contract. Mortgage characteristics that are eligible for specified payups are available in Loan Selling Advisor. (vi) Best Efforts Cash Contract extensions In the event the Mortgage specified in a Best Efforts Contract will not close prior to the contract expiration date, the Seller may extend, in Loan Selling Advisor, the Best Efforts Contract at any time prior to the contract expiration date. The Seller may extend the contract an unlimited number of times, as long as the total extension period plus the original contract term does not exceed 120 days and each extension is less than 90 days beyond the current date. In exchange for the contract extension, the Seller will be assessed a fee, to be paid in accordance with Section 6303.2(a). (c) Certain negotiated pricing under Fixed-rate Cash Freddie Mac Single-Family Seller/Servicer Guide Chapter 6101 As of 12/17/25 Page 6101-9 Freddie Mac may, from time to time, assess certain negotiated Credit Fees. Any such pricing will be made available to the Seller on the cash Purchase Contract loan-level fee breakdown screen in Loan Selling Advisor. In addition to the provisions of Section 1101.2(a)(ii), Freddie Mac may amend, supplement, revise or terminate any of the pricing or provisions implemented pursuant to this section in whole or in part, upon written notice to the Seller. 6101.3: Purchase and settlement of fixed-rate Cash Contracts (11/05/25) This section contains requirements related to: ■ Funding Date ■ Funding amount ■ Interest paid to the Servicer in connection with Mortgage funding (a) Funding Date By the close of business on the Purchase Contract Expiration Date, the Seller must have completed all the requirements for the sale of the Mortgages to Freddie Mac. Sellers may request a specific Funding Date for each of the Mortgages sold under a Mandatory Cash or Best Efforts Contract or may elect to have funding occur as soon as practicable after the requirements for sale of the Mortgages to Freddie Mac have been met (“ASAP funding”). (b) Funding amount As each Mortgage funds, Freddie Mac will pay the Seller the amount calculated by multiplying the price specified in the cash Purchase Contract by the UPB of the Mortgage. If a Mortgage is subject to Credit Fees or credits for Credit Fees, Freddie Mac will: ■ Net the fee or credit amounts against the amount paid to the Seller ■ Reflect any subsequent change to Credit Fees and credits for Credit Fees on the Seller’s monthly invoice (c) Interest paid to the Servicer in connection with Mortgage funding In connection with the Mortgage funding, Freddie Mac will determine the amount of interest to pay the Servicer on each Mortgage by computing the interest on the UPB of the Mortgage Freddie Mac Single-Family Seller/Servicer Guide Chapter 6101 As of 12/17/25 Page 6101-10 from the first day of the Funding Date month through the day before the Funding Date using the Accounting Net Yield (ANY). Thereafter, Freddie Mac will compensate the Servicer in an amount equal to the Servicing Spread for each Mortgage and authorizes the Servicer to retain the Servicing Spread out of the interest payments made by the Borrower, and the Servicer will remit the ANY to Freddie Mac. 6101.4: Servicing options and remittance cycle for fixed-rate Cash Contracts (11/05/25) This section contains requirements related to: ■ Servicing options for fixed-rate Cash Contracts ■ Remittance cycle for fixed-rate Cash Contracts ■ Minimum Contract Servicing Spread for fixed-rate Cash Contracts (a) Servicing options for fixed-rate Cash Contracts Subject to approval and conditions set by Freddie Mac, the Seller may sell fixed-rate Mortgages under Cash using one of the following Servicing options: ■ Servicing retained: The Seller sells the Mortgage to Freddie Mac and agrees to service the Mortgages in accordance with the Guide and applicable Purchase Documents ■ Concurrent Transfer of Servicing: The Seller sells the Mortgage to Freddie Mac and agrees to service the Mortgages in accordance with the Guide and applicable Purchase Documents and concurrently engages in a Transfer of Servicing initiated by the Seller to a Transferee Servicer with the Mortgage purchase and the Transfer of Servicing occurring on the Settlement Date. The Servicer selected by the Seller must be a Freddie Mac-approved Servicer eligible to service the particular Mortgage, and Freddie Mac must approve the Transfer of Servicing in accordance with Chapter 7101. See Section 6302.51 for additional information regarding delivery requirements for Mortgages sold servicing-released under Mandatory Cash Contracts or Best Efforts Contracts. ■ Cash-Released XChange®: The Seller sells the Mortgage servicing-released in accordance with the requirements of Section 6101.5 (b) Remittance cycle for fixed-rate Cash Contracts Freddie Mac Single-Family Seller/Servicer Guide Chapter 6101 As of 12/17/25 Page 6101-11 The remittance cycle that applies to Mortgages sold under a Mandatory Cash Contract or Best Efforts Contract is the Standard Remittance Cycle. The price that the Seller receives for the Mortgages under a Mandatory Cash Contract or Best Efforts Contract will reflect the Standard Remittance Cycle. (c) Minimum Contract Servicing Spread for fixed-rate Cash Contracts The Servicing Spread applicable to any individual Mortgage delivered pursuant to a specific Purchase Contract may be greater than or equal to, but not less than, the Minimum Contract Servicing Spread selected by the Seller for that specific Purchase Contract. The Minimum Contract Servicing Spread is selected by the Seller when taking out a Purchase Contract and is applicable to all the Mortgages delivered pursuant to that specific Purchase Contract. The Minimum Contract Servicing Spread must be equal to or greater than the Minimum Servicing Spread. For fixed-rate Cash, the Minimum Contract Servicing Spread: ■ Must be at least 0.250% and may not exceed 0.500% and ■ Must equal 0.250% for Mortgages sold through Cash-Released XChange For Mortgages with annual or monthly premium lender-paid mortgage insurance, the Seller must select a Minimum Contract Servicing Spread that is sufficient to ensure that the Servicer receives the Minimum Servicing Spread plus the amount necessary to pay the mortgage insurance premium when due. Refer to Section 4701.2(b) for special eligibility requirements for Mortgages with lender-paid mortgage insurance. 6101.5: Requirements for fixed-rate Cash Contracts through Cash-Released XChange® (12/17/25) This section contains requirements related to: ■ Cash-Released XChange® overview ■ Cash-Released XChange pricing ■ Availability of servicing-released prices ■ Funding adjustments and net funding ■ Identification of Transferee Servicers Freddie Mac Single-Family Seller/Servicer Guide Chapter 6101 As of 12/17/25 Page 6101-12 ■ Excluding Transferee Servicers ■ Authorization to disclose the Seller’s identity ■ Servicer’s rights to screen out the Seller ■ Late fees ■ Warranties ■ Document custody (a) Cash-Released XChange overview When Mortgages are sold under a Mandatory Cash or Best Efforts Contract through Cash- Released XChange®, Freddie Mac arranges for a Transferee Servicer, as identified by Freddie Mac, to accept a Concurrent Transfer of Servicing from the Seller at the time the Seller sells the Mortgage to Freddie Mac. The requirements applicable to the sale of Mortgages through Cash-Released XChange are set forth in this chapter and Exhibit 28A, Loan Servicing Purchase and Sale Agreement for Cash-Released XChange®. Sellers approved to sell eMortgages may sell these Mortgages through Cash-Released XChange and must comply with the requirements of Chapter 1402 and the Seller’s other Purchase Documents. The Seller agrees to, and shall comply with, the terms of Exhibit 28A, which include, but are not limited to, requirements for the Seller and for each Transferee Servicer. The price the Seller receives for the Mortgages sold servicing- released reflects the Standard Remittance Cycle. See Section 6101.4(c) for the applicable Minimum Contract Servicing Spread. A Seller must apply to Freddie Mac for approval and access to participate in Cash-Released XChange. If Freddie Mac determines that the Seller is eligible to participate in Cash- Released XChange, Freddie Mac will approve the Seller’s use of and provide appropriate access to Cash-Released XChange. The Seller must call their Freddie Mac representative or 800-FREDDIE to inquire about the approval process. Freddie Mac reserves the right, upon notice to: ■ Limit the aggregate UPB of all Mortgages that a Seller may sell to Freddie Mac through Cash-Released Xchange ■ Impose any additional requirements with respect to Cash-Released XChange, or Freddie Mac Single-Family Seller/Servicer Guide Chapter 6101 As of 12/17/25 Page 6101-13 ■ Suspend or terminate the Seller’s ability to sell Mortgages to Freddie Mac through Cash- Released XChange. (b) Cash-Released XChange pricing The price provided by Freddie Mac to the Seller under a Mandatory Cash Contract or Best Efforts Contract through Cash-Released XChange includes: ■ The price offered by Freddie Mac for the purchase of the Mortgage(s), and ■ The price offered by the Transferee Servicer for the Servicing Contract Rights related to each Mortgage Prices and fees provided when the Seller enters into a Mandatory Cash Contract or a Best Efforts Contract through Cash-Released XChange are not final; instead, they are determined as of the Funding Date and reflect the Mortgage data provided by the Seller. Note: The price will not include late fees that must be paid to Freddie Mac pursuant to Section 6101.5(i) below or to the Transferee Servicer as provided in Exhibit 28A. Such additional late fees include fees for late delivery of documents to the Transferee Servicer and fees for failure to transfer or reconcile funds in a timely manner. (c) Availability of servicing-released prices Only fixed-rate Mortgages for which Loan Selling Advisor® provides a servicing-released price may be sold servicing-released under a Mandatory Cash Contract or Best Efforts Contract. Not all Transferee Servicers will provide a bid for the assumption of Servicing Contract Rights for certain Mortgages. If no Transferee Servicer provides a bid for the assumption of Servicing Contract Rights for certain Mortgages, then Cash-Released XChange is not available for these Mortgages, which may otherwise be eligible for sale to Freddie Mac. The Seller must supply all Mortgage data requested by Loan Selling Advisor (in the fields titled “Loan Fields Required for Pricing” and “Additional Loan Fields That Affect Pricing”) so that a Transferee Servicer may provide an accurate bid for the assignment and assumption of the Servicing Contract Rights. Failure to provide all Mortgage data requested by Loan Selling Advisor may result in a subsequent rescission of the Transferee Servicer’s bid. In that event, if there is no alternative Servicing bid and the Mortgage has been allocated to a Mandatory Cash Contract, the Seller will be subject to a pairoff fee as provided in Section 6401.1. (d) Funding adjustments and net funding Funding adjustments are comprised of the Escrow funds, interest adjustment, Servicing Spread, tax service fee, transaction fee and temporary subsidy buydown funds. The amount of funding adjustments will be identified on the Funding Date as follows: Freddie Mac Single-Family Seller/Servicer Guide Chapter 6101 As of 12/17/25 Page 6101-14 ■ The Seller enters in Loan Selling Advisor the amounts held as Escrow funds and temporary subsidy buydown funds for each Mortgage sold servicing-released, and ■ Loan Selling Advisor calculates the interest adjustment, Servicing Spread, tax service fee and transaction fee Refer to Section 6302.26 for additional information regarding delivery requirements for Mortgages sold servicing-released under Mandatory Cash Contracts or Best Efforts Contracts. The Seller is responsible for the accuracy of the Escrow fund amounts and temporary subsidy buydown fund amounts that the Seller submits via Loan Selling Advisor. Freddie Mac does not edit or validate these amounts. On the Funding Date, Freddie Mac will deduct the amount of the funding adjustments from the sales proceeds paid by Freddie Mac for the purchase of each Mortgage sold servicing-released. Freddie Mac will forward the deducted amount of the funding adjustments to the Transferee Servicer. The Seller and Transferee Servicer are responsible for any reconciliation, correction or adjustment to the amount of Escrow funds or temporary subsidy buydown funds transferred to the Transferee Servicer. Freddie Mac will not adjust, calculate, refund or pay any amounts with respect to the Escrow funds or temporary subsidy buydown funds after the Funding Date. (e) Identification of Transferee Servicers The Seller authorizes Freddie Mac to select Freddie Mac-approved Servicers as Transferee Servicers to participate in Cash-Released XChange. (f) Excluding Transferee Servicers Through Loan Selling Advisor, Freddie Mac will inform the Seller of the identity of the Transferee Servicer(s) that may offer a price to assume the Seller’s Servicing Contract Rights through Cash-Released XChange. The Seller has the right to exclude a Transferee Servicer from assuming the Seller’s interest in the Servicing Contract Rights for Mortgages sold servicing-released. Such exclusion will not apply to Mortgages sold servicing-released for which the Seller has already entered into a Mandatory Cash Contract or Best Efforts Contract before Seller excluded the Transferee Servicer. When the Seller re-prices a servicing-released contract, a new bid for the assumption of the Seller’s interest in the Servicing Contract Rights may be accepted. The Seller must verify the identity of the Transferee Servicer by reviewing the Contract Confirmation that will disclose the most current Transferee Servicer’s bid. Freddie Mac Single-Family Seller/Servicer Guide Chapter 6101 As of 12/17/25 Page 6101-15 If a Seller has excluded a Transferee Servicer under the first paragraph of this Section 6101.5(f), the Seller has the right to restore that Transferee Servicer’s ability to assume the Seller’s Servicing Contract Rights for Mortgages sold servicing-released. (g) Authorization to disclose the Seller’s identity The Seller authorizes Freddie Mac to disclose and identify any Transferee Servicer or potential Transferee Servicer that the Seller is an eligible Seller of Mortgages and Transferor Servicer for the related Transfer of Servicing Contract Rights through Cash-Released XChange. In addition, Freddie Mac may, in its discretion, disclose the following information to any Transferee Servicer that services Mortgages that the Seller has sold to Freddie Mac through Cash-Released XChange: ■ That the Seller is no longer a Freddie Mac-approved Seller/Servicer ■ That the Seller is no longer eligible to sell Mortgages to Freddie Mac through Cash- Released XChange (h) Servicer’s rights to screen out the Seller The Seller acknowledges that a Transferee Servicer may terminate the Seller’s ability to transfer the Seller’s Servicing Contract Rights to such Servicer at any time without notifying the Seller. The Seller will have no right of action, appeal or other recourse against Freddie Mac and releases all claims it may have against Freddie Mac and/or the Servicer in connection with such termination. (i) Late fees Freddie Mac may, in its sole discretion, charge the Seller a late fee of up to $500 for each Mortgage for which the Seller: ■ Fails to comply with the requirements in Section 4.2 of Exhibit 28A ■ Incorrectly identifies all funding adjustments or fails to reconcile with the Transferee Servicer all funding adjustments as required in Section 6101.5(d) or as required in Section 5.1 of Exhibit 28A These late fees are in addition to any fees that the Seller may be required to pay the Servicer as provided in Exhibit 28A. (j) Warranties Freddie Mac Single-Family Seller/Servicer Guide Chapter 6101 As of 12/17/25 Page 6101-16 For Mortgages sold through Cash-Released XChange under a Mandatory Cash Contract or Best Efforts Contract, the Seller remains solely liable to Freddie Mac for all sale representations, covenants and warranties in the Purchase Documents (the “sale representations and warranties”) of the Mortgages for which the related Servicing Contract Rights are assigned to the Transferee Servicer. The Transferee Servicer is liable to Freddie Mac for all Servicing duties, obligations, responsibilities, representations, covenants, warranties, agreements and related liabilities in the Purchase Documents with respect to the Mortgages related to the Concurrent Transfer of Servicing. See Sections 7101.3(c), (d), (e) and (f) for liabilities with respect to Subsequent Transfers of Servicing of these Mortgages. Freddie Mac will conduct quality control activities relating to the sale representations and warranties with the Seller. The Seller agrees that Freddie Mac may share information with the Transferee Servicer regarding the Mortgages sold to Freddie Mac servicing-released, including, but not limited to, quality control findings, the Seller’s response to quality control findings and defect reports. (k) Document custody Sellers are required to deliver the Notes for Mortgages other than eMortgages that are sold through Cash-Released XChange to a Document Custodian listed in Exhibit 43, Cash- Released XChange® Document Custodians. See Section 2202.2(c) for the document custody requirements for Mortgages sold through Cash-Released XChange. See Chapter 1402, Directory 4 and the Seller’s other Purchase Documents for the document custody requirements for eMortgages sold through Cash-Released XChange. Freddie Mac Single-Family Seller/Servicer Guide Chapter 6102 As of 11/05/25 Page 6102-1 Chapter 6102: ARM Cash

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