Freddie Mac Single-Family Seller/Servicer Guide 6302.37 — Special delivery requirements for Mortgages secured by properties subject to income-based resale restrictions
Freddie Mac Single-Family Seller/Servicer Guide section 6302.37 — Special delivery requirements for Mortgages secured by properties subject to income-based resale restrictions. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 6302.37 — Special delivery requirements for Mortgages secured by properties subject to income-based resale restrictions — 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 6302.37 — Special delivery requirements for Mortgages secured by properties subject to income-based resale restrictions
■ General requirements ■ Data delivery instructions (a) General requirements See Chapter 4406 for special eligibility requirements for Mortgages secured by properties subject to resale restrictions, including income-based resale restrictions. (b) Data delivery instructions (i) For Mortgages secured by properties subject to income-based resale restrictions, the Seller must deliver the following ULDD Data Points: (A) For Mortgages secured by properties subject to income-based resale restrictions that survive foreclosure or recordation of a deed-in-lieu of foreclosure: Data Required for Mortgages Secured by Properties Subject to Income-based Resale Restrictions that Survive Foreclosure or Recordation of a Deed-in-lieu of Foreclosure Sort ID ULDD Data Point Valid Value Notes PROPERTY → Affordable Details 90.1 Deed Restriction Term Months Count Enter the length of the period (in months) in which the resale restrictions may remain in place on the property. Enter “0” if not known. LOAN - CURRENT → Product Details 404 Loan Program Identifier Income Based Deed Restrictions Survive (B) For Mortgages secured by properties subject to income-based resale restrictions that terminate upon foreclosure (or expiration of any applicable legally required foreclosure redemption period) or recordation of a deed-in-lieu of foreclosure: Data Required for Mortgages Secured by Properties Subject to Income-based Resale Restrictions that Terminate upon Foreclosure (or Expiration of Any Applicable Legally Required Foreclosure Redemption Period) or Recordation of a Deed-in-lieu of Foreclosure Sort ID ULDD Data Point Valid Value Notes PROPERTY → Affordable Details 90.1 Deed Restriction Term Months Count Enter the length of the period (in months) in which the resale restrictions may remain in place on the property. Enter “0” if not known. LOAN – Current → Product Details 404 Loan Program Identifier Income Based Deed Restrictions Terminate (C) For Mortgages secured by properties subject to income-based resale restrictions and originated with an Affordable Second® from a non-profit entity that is also the property seller but is not affiliated with a government agency, see Section 6302.34(b)(iv)(C) for additional delivery requirements.
Operationalizing Freddie Mac Single-Family Seller/Servicer Guide 6302.37 — Special delivery requirements for Mortgages secured by properties subject to income-based resale restrictions
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Source of record: https://claudeforcompliance.com/regs/fhlmc-6302-37/
· register fhlmc-6302-37 · Claude for Compliance. Free to read and download;
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