FHLMC Single-Family Seller/Servicer Guide Chapter 8401 — Changes to the Mortgaged Premises

fhlmc-8401

FHLMC Single-Family Guide §8401.1 governs Servicer-side handling of partial release / easement / land-acquisition requests for the Mortgaged Premises: appraisal-with-interior-exterior-inspection requirement (Topic 5600); current-payment + continuing-capacity Borrower precondition; required written approvals from FHA/VA/ RHS/MI + all superior lienholders; 12-month-since-origination minimum seasoning; tax-authority notification on release; First Lien + title insurance integrity preservation. Fills FHLMC Servicing Chapter 8401 gap.

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source:
  type: regulation
  id: fhlmc-8401
  authority: FHLMC Single-Family Seller/Servicer Guide Chapter 8401 — Changes to the Mortgaged Premises
  description: |
    FHLMC Single-Family Guide §8401.1 governs Servicer-side handling
    of partial release / easement / land-acquisition requests for the
    Mortgaged Premises: appraisal-with-interior-exterior-inspection
    requirement (Topic 5600); current-payment + continuing-capacity
    Borrower precondition; required written approvals from FHA/VA/
    RHS/MI + all superior lienholders; 12-month-since-origination
    minimum seasoning; tax-authority notification on release; First
    Lien + title insurance integrity preservation. Fills FHLMC
    Servicing Chapter 8401 gap.
obligations:
  - id: fhlmc-8401-appraisal-with-interior-exterior-for-partial-release
    canonical_id: fhlmc-8401-appraisal-with-interior-exterior-for-partial-release
    section: FHLMC Single-Family Guide §8401.1(a)(i) — Appraisal with interior+exterior inspection for partial release / easement requests
    description: |
      For partial-release or easement-grant requests, [LENDER]
      (Servicer) shall obtain an appraisal report with an interior
      AND exterior inspection that meets the requirements of Topic
      5600. The pre-action appraisal establishes pre-release and
      estimated-post-release values driving the eligibility and UPB-
      reduction decisions. Carve-out: if current LTV < 60%, the
      consideration ≤ 5% of original value, and the transaction is
      arm's-length, NO appraisal is required.
    type: do
    audit_question: For every partial release or easement [LENDER] processed, can [LENDER] produce a Topic-5600-compliant appraisal with interior+exterior inspection — OR documentation that the carve-out conditions (LTV <60%, consideration ≤5% original value, arm's-length) were met?
    program_review: Does the program ensure partial-release/easement requests obtain a Topic-5600-compliant interior+exterior appraisal, accounting for the carve-out (LTV <60%, consideration ≤5% of original value, arm's-length → no appraisal)?
    file_review: For partial-release/easement files, confirm a Topic-5600 appraisal OR documentation the carve-out conditions were met.
    judgment: false
    feeds:
      - fhlmc-8401-preserve-first-lien-post-release
    workflow_phase: general_servicing_ops
    owner_role: chief_servicing_officer
    secondary_owner_role: appraisal_manager
    cadence: per-partial-release-request
    consequence: Approving a partial release without proper appraisal (when carve-out doesn't apply) is a Servicing Guide breach + collateral-valuation risk.
    tags:
      - round-d
      - regulator-direct
      - fhlmc
      - servicing-guide
      - partial-release
      - easement
      - appraisal-required
      - promoted
    primary_source:
      tier: 1
      authority: FHLMC Single-Family Guide §8401.1(a)(i) — Processing requests for partial releases and granting of easements
      source_class: fhlmc-guide
      source_url: https://guide.freddiemac.com/app/guide/
      snapshot_id: fbba421721d90cb1
      fetched_at: '2026-05-25T14:09:48Z'
      content_hash: sha256:placeholder-snapshot-content-hash-from-source-json
      paragraph_quote: |
        the Servicer must obtain an appraisal report with an interior and exterior inspection that meets the requirements of Topic 5600 when considering such requests
      drafter_attestation: |
        Copied verbatim from snapshot fbba421721d90cb1. §8401.1(a)(i)
        appraisal-with-interior-exterior operative requirement. Carve-out
        conditions (LTV <60% + ≤5% consideration + arm's-length)
        paraphrased in description.
    auditor_minimum_evidence:
      derivation: snapshot_extract
      derivation_source:
        snapshot_id: fbba421721d90cb1
        paragraph_quote: the Servicer must obtain an appraisal report with an interior and exterior inspection that meets the requirements of Topic 5600 when conside
        page_or_section: FHLMC Single-Family Guide §8401.1(a)(i)
        fetched_at: '2026-05-25T14:09:48Z'
      pathway_selection_kind: mutually_exclusive_by_facts
      pathways:
        - pathway_id: csh-amep-fhlmc-8401-appraisal-required
          name: Standard partial-release / easement request — full appraisal with interior+exterior inspection required
          evidence_items:
            - evidence_id: csh-ev-fhlmc-8401-appraisal-report
              kind: third_party_attestation
              description: Topic-5600-compliant appraisal report with interior + exterior inspection, dated before approval of the partial release or easement grant. Report shows value pre-release and estimated value post-release.
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.a
              cite_verified: false
            - evidence_id: csh-ev-fhlmc-8401-appraisal-vendor-attestation
              kind: third_party_attestation
              description: Appraiser attestation of independence (no party-in-interest relationship) and licensing per Topic 5600.
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.b
              cite_verified: false
        - pathway_id: csh-amep-fhlmc-8401-appraisal-carveout
          name: Carve-out applies — appraisal NOT required (LTV <60% + consideration ≤5% original + arm's-length)
          evidence_items:
            - evidence_id: csh-ev-fhlmc-8401-current-ltv-record
              kind: record
              description: Current LTV calculation based on value at origination per §4203.1, demonstrating LTV <60% as of the partial-release-request date.
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.c
              cite_verified: false
            - evidence_id: csh-ev-fhlmc-8401-consideration-record
              kind: record
              description: Consideration record showing the amount received by the Borrower (or zero) does not exceed 5% of the original property value.
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.d
              cite_verified: false
            - evidence_id: csh-ev-fhlmc-8401-arms-length-attestation
              kind: document
              description: Arm's-length transaction attestation — no identity-of-interest between Borrower and counterparty.
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.e
              cite_verified: false
      pathway_selection_logic: |
        Two pathways selected by transaction facts: A — default path requiring Topic-5600-compliant appraisal; B — three-condition carve-out per \u00A78401.1(a)(i) (LTV <60% AND consideration \u22645% original value AND arm's-length). All three carve-out conditions must hold simultaneously; failure of any one drops the loan back into pathway A.
    promoted_at: '2026-05-25T20:45:33+00:00'
    promoted_from: fhlmc-8401-roundd-v1.yaml
  - id: fhlmc-8401-written-approval-from-fha-va-rhs-mi-and-superior-lienholders
    canonical_id: fhlmc-8401-written-approval-from-fha-va-rhs-mi-and-superior-lienholders
    section: FHLMC Single-Family Guide §8401.1(a)(i) — Written approval from FHA/VA/RHS/MI + all superior lienholders for partial release/easement
    description: |
      Before approving a partial release or easement, [LENDER]
      (Servicer) shall have received written approval of FHA, VA, RHS
      or MI (whichever applies) AND all superior lienholders, if
      applicable. Layered-approval ensures all stakeholders concur on
      the change in collateral.
    type: do
    audit_question: For every partial release or easement [LENDER] approved, can [LENDER] produce written approvals from (a) the applicable agency/MI (FHA, VA, RHS, or MI) AND (b) all superior lienholders if any?
    program_review: Does the program ensure that before approving a partial release/easement, written approval is obtained from the applicable agency/MI AND all superior lienholders (if any)?
    file_review: Confirm written approvals from the applicable FHA/VA/RHS/MI and any superior lienholders are in the file.
    judgment: false
    feeds: []
    workflow_phase: general_servicing_ops
    owner_role: chief_servicing_officer
    secondary_owner_role: vendor_management
    cadence: per-partial-release-request
    consequence: Approving without all required written approvals is a Servicing Guide breach + agency/MI exposure if collateral value diminishes.
    tags:
      - round-d
      - regulator-direct
      - fhlmc
      - servicing-guide
      - partial-release
      - easement
      - agency-approvals
      - lienholder-approvals
      - promoted
    primary_source:
      tier: 1
      authority: FHLMC Single-Family Guide §8401.1(a)(i) — Processing requests for partial releases
      source_class: fhlmc-guide
      source_url: https://guide.freddiemac.com/app/guide/
      snapshot_id: fbba421721d90cb1
      fetched_at: '2026-05-25T14:09:48Z'
      content_hash: sha256:placeholder-snapshot-content-hash-from-source-json
      paragraph_quote: |
        The Servicer has received written approval of the FHA, VA, RHS or MI and all superior lienholders, if applicable
      drafter_attestation: |
        Copied verbatim from snapshot fbba421721d90cb1. §8401.1(a)(i)
        agency-and-lienholder-approvals operative requirement.
    auditor_minimum_evidence:
      derivation: snapshot_extract
      derivation_source:
        snapshot_id: fbba421721d90cb1
        paragraph_quote: The Servicer has received written approval of the FHA, VA, RHS or MI and all superior lienholders, if applicable
        page_or_section: FHLMC Single-Family Guide §8401.1(a)(i)
        fetched_at: '2026-05-25T14:09:48Z'
      pathway_selection_kind: parallel_satisfaction
      pathways:
        - pathway_id: csh-amep-fhlmc-8401-agency-or-mi-approval
          name: Agency / MI written approval — applicable approver(s) confirmed in writing
          evidence_items:
            - evidence_id: csh-ev-fhlmc-8401-applicable-approver-determination
              kind: record
              description: Loan-classification record identifying the applicable approver(s) — FHA (if FHA-insured), VA (if VA-guaranteed), RHS (if USDA-guaranteed), or MI carrier (if conventional with MI). Multiple may apply for layered insurance.
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.f
              cite_verified: false
            - evidence_id: csh-ev-fhlmc-8401-agency-approval-letter
              kind: document
              description: Copy of FHA/VA/RHS/MI written approval letter(s) for the specific partial-release or easement request, dated before [LENDER]'s approval decision.
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.g
              cite_verified: false
        - pathway_id: csh-amep-fhlmc-8401-superior-lienholders
          name: Superior lienholder written approvals — all senior liens consented
          evidence_items:
            - evidence_id: csh-ev-fhlmc-8401-lien-inventory
              kind: record
              description: Current lien inventory for the Mortgaged Premises identifying every superior lien (if any) — e.g., senior mortgages, tax liens, mechanics liens, judgment liens.
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.h
              cite_verified: false
            - evidence_id: csh-ev-fhlmc-8401-superior-lienholder-consents
              kind: document
              description: Written consent from each superior lienholder for the specific partial-release or easement request (or attestation that no superior liens exist).
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.i
              cite_verified: false
      pathway_selection_logic: |
        Both pathways required in parallel: A — applicable agency/MI written approval (the right approver(s) determined by loan-program facts); B — every superior lienholder's written consent. If no superior lienholders exist, pathway B is satisfied by an attestation. A loan with FHA insurance AND a second-lien HELOC needs BOTH FHA approval AND HELOC-lender approval — these are independent obligations not selectable.
    promoted_at: '2026-05-25T20:45:33+00:00'
    promoted_from: fhlmc-8401-roundd-v1.yaml
  - id: fhlmc-8401-12-month-origination-minimum-seasoning
    canonical_id: fhlmc-8401-12-month-origination-minimum-seasoning
    section: FHLMC Single-Family Guide §8401.1(a)(i) — 12-month-since-origination minimum seasoning for partial release/easement
    description: |
      [LENDER] (Servicer) shall not approve a partial release or
      easement until at least 12 months have passed since the
      Origination Date. The 12-month seasoning floor prevents
      collateral-altering changes immediately post-origination.
    type: refrain
    audit_question: For every partial release or easement [LENDER] approved, can [LENDER] evidence the loan's Origination Date and confirm at least 12 months elapsed before approval?
    program_review: Does the program ensure no partial release/easement is approved until at least 12 months after the Origination Date?
    file_review: Confirm the Origination Date and that ≥12 months elapsed before approval.
    judgment: false
    feeds: []
    workflow_phase: general_servicing_ops
    owner_role: chief_servicing_officer
    secondary_owner_role: compliance_officer
    cadence: per-partial-release-request
    consequence: Approving partial release within first 12 months post-origination is a Servicing Guide breach + R&W exposure on the original loan.
    tags:
      - round-d
      - regulator-direct
      - fhlmc
      - servicing-guide
      - partial-release
      - 12-month-seasoning
      - promoted
    primary_source:
      tier: 1
      authority: FHLMC Single-Family Guide §8401.1(a)(i) — Processing requests for partial releases
      source_class: fhlmc-guide
      source_url: https://guide.freddiemac.com/app/guide/
      snapshot_id: fbba421721d90cb1
      fetched_at: '2026-05-25T14:09:48Z'
      content_hash: sha256:placeholder-snapshot-content-hash-from-source-json
      paragraph_quote: |
        At least 12 months have passed since the Origination Date
      drafter_attestation: |
        Copied verbatim from snapshot fbba421721d90cb1. §8401.1(a)(i) 12-
        month-origination-seasoning operative requirement.
    auditor_minimum_evidence:
      derivation: snapshot_extract
      derivation_source:
        snapshot_id: fbba421721d90cb1
        paragraph_quote: At least 12 months have passed since the Origination Date
        page_or_section: FHLMC Single-Family Guide §8401.1(a)(i)
        fetched_at: '2026-05-25T14:09:48Z'
      pathway_selection_kind: mutually_exclusive_by_facts
      pathways:
        - pathway_id: csh-amep-fhlmc-8401-seasoning-met
          name: 12+ months elapsed since Origination Date — eligible for partial release / easement
          evidence_items:
            - evidence_id: csh-ev-fhlmc-8401-origination-date-record
              kind: timestamp
              description: Loan-file Origination Date timestamp (Note Date).
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.j
              cite_verified: false
            - evidence_id: csh-ev-fhlmc-8401-request-date-record
              kind: timestamp
              description: Partial-release / easement request received-date timestamp, with calculated days-since-origination ≥ 365.
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.k
              cite_verified: false
        - pathway_id: csh-amep-fhlmc-8401-seasoning-not-met-denial
          name: Less than 12 months elapsed — request denied (request cannot proceed under delegated authority)
          evidence_items:
            - evidence_id: csh-ev-fhlmc-8401-denial-record
              kind: document
              description: Servicer denial / forward-to-FHLMC record for partial-release requests received before the 12-month seasoning, with applicable communication to the Borrower per the Servicing Guide.
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.l
              cite_verified: false
      pathway_selection_logic: |
        Two pathways selected by days-elapsed facts: A — \u226512 months since Origination Date, request can proceed under \u00A78401.1 delegated authority; B — <12 months, [LENDER] cannot approve under delegated authority and must either deny or forward to Freddie Mac via Form 715. The 12-month seasoning is a bright-line eligibility gate.
    promoted_at: '2026-05-25T20:45:34+00:00'
    promoted_from: fhlmc-8401-roundd-v1.yaml
  - id: fhlmc-8401-notify-tax-authorities-upon-release
    canonical_id: fhlmc-8401-notify-tax-authorities-upon-release
    section: FHLMC Single-Family Guide §8401.1(a)(i) — Notify tax authorities upon partial release for assessment adjustment
    description: |
      Upon release, [LENDER] (Servicer) shall ensure that all
      applicable tax authorities are notified for adjustment of
      applicable assessments. Property-tax assessments must reflect
      the post-release Mortgaged Premises footprint; failure to
      notify can leave stale assessments + escrow shortfall risk.
    type: do
    audit_question: For every partial release [LENDER] completed, can [LENDER] evidence (via certified mailings, tax-authority confirmations, or escrow-adjustment records) that all applicable tax authorities were notified for assessment adjustment?
    program_review: Does the program ensure all applicable tax authorities are notified for assessment adjustment upon a partial release?
    file_review: For completed partial releases, confirm tax-authority notification (certified mailings / confirmations / escrow-adjustment records).
    judgment: false
    feeds: []
    workflow_phase: general_servicing_ops
    owner_role: escrow_administrator
    secondary_owner_role: chief_servicing_officer
    cadence: per-partial-release-completed
    consequence: Missing tax-authority notification creates escrow shortfall + property-tax-payment risk post-release.
    tags:
      - round-d
      - regulator-direct
      - fhlmc
      - servicing-guide
      - partial-release
      - tax-authority-notification
      - promoted
    primary_source:
      tier: 1
      authority: FHLMC Single-Family Guide §8401.1(a)(i) — Partial release tax notification
      source_class: fhlmc-guide
      source_url: https://guide.freddiemac.com/app/guide/
      snapshot_id: fbba421721d90cb1
      fetched_at: '2026-05-25T14:09:48Z'
      content_hash: sha256:placeholder-snapshot-content-hash-from-source-json
      paragraph_quote: |
        Upon release, the Servicer must ensure that all applicable tax authorities are notified for adjustment of applicable assessments.
      drafter_attestation: |
        Copied verbatim from snapshot fbba421721d90cb1. §8401.1(a)(i)
        tax-authority-notification operative requirement.
    promoted_at: '2026-05-25T20:45:34+00:00'
    promoted_from: fhlmc-8401-roundd-v1.yaml
  - id: fhlmc-8401-preserve-first-lien-post-release
    canonical_id: fhlmc-8401-preserve-first-lien-post-release
    section: FHLMC Single-Family Guide §8401.1(a)(i) — Preserve valid First Lien position post-release
    description: |
      [LENDER] (Servicer) shall be responsible for ensuring that the
      title of the Mortgaged Premises after the partial release
      remains a valid First Lien as required in §4201.2. [LENDER]
      shall also ensure title insurance meets the requirements of
      Chapter 4702 after the partial release or easement has been
      granted. The First-Lien-preservation duty is the structural
      backbone protecting Freddie Mac's collateral interest.
    type: do
    audit_question: For every partial release or easement [LENDER] processed, can [LENDER] evidence (a) post-release title review confirming valid First Lien per §4201.2, AND (b) post-release title insurance conforming to Chapter 4702?
    program_review: Does the program ensure that after a partial release/easement the title remains a valid First Lien per §4201.2 and that title insurance conforms to Chapter 4702?
    file_review: For processed releases, review the post-release title work for valid First Lien per §4201.2 and Chapter 4702 title insurance. The compliance person judges whether First Lien position was preserved.
    judgment: true
    feeds: []
    workflow_phase: general_servicing_ops
    owner_role: chief_servicing_officer
    secondary_owner_role: vendor_management
    cadence: per-partial-release-completed
    consequence: Post-release loss of First Lien position or title insurance non-conformance compromises FHLMC collateral; major Servicing Guide breach.
    tags:
      - round-d
      - regulator-direct
      - fhlmc
      - servicing-guide
      - partial-release
      - first-lien-preservation
      - title-insurance
      - promoted
    primary_source:
      tier: 1
      authority: FHLMC Single-Family Guide §8401.1(a)(i) — Partial release title and lien integrity
      source_class: fhlmc-guide
      source_url: https://guide.freddiemac.com/app/guide/
      snapshot_id: fbba421721d90cb1
      fetched_at: '2026-05-25T14:09:48Z'
      content_hash: sha256:placeholder-snapshot-content-hash-from-source-json
      paragraph_quote: |
        The Servicer is responsible for ensuring that the title of the Mortgaged Premises after the partial release remains a valid First Lien as required in Section 4201.2
      drafter_attestation: |
        Copied verbatim from snapshot fbba421721d90cb1. §8401.1(a)(i)
        First-Lien-preservation operative duty. The Chapter 4702 title-
        insurance tail paraphrased in description.
    auditor_minimum_evidence:
      derivation: snapshot_extract
      derivation_source:
        snapshot_id: fbba421721d90cb1
        paragraph_quote: The Servicer is responsible for ensuring that the title of the Mortgaged Premises after the partial release remains a valid First Lien as re
        page_or_section: FHLMC Single-Family Guide §8401.1(a)(i)
        fetched_at: '2026-05-25T14:09:48Z'
      pathway_selection_kind: parallel_satisfaction
      pathways:
        - pathway_id: csh-amep-fhlmc-8401-post-release-title-review
          name: Post-release title review confirms continued First Lien position
          evidence_items:
            - evidence_id: csh-ev-fhlmc-8401-post-release-title-binder
              kind: third_party_attestation
              description: Post-release title binder or update endorsement from title company confirming the Mortgaged Premises after the partial release remains a valid First Lien per §4201.2 requirements.
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.m
              cite_verified: false
        - pathway_id: csh-amep-fhlmc-8401-title-insurance-update
          name: Title insurance endorsement / update conforms to Chapter 4702
          evidence_items:
            - evidence_id: csh-ev-fhlmc-8401-title-insurance-endorsement
              kind: document
              description: Copy of title insurance endorsement (or replacement policy) covering the post-release Mortgaged Premises, meeting Chapter 4702 requirements (coverage amount ≥ UPB, lender's policy form, exception schedule reviewed).
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.n
              cite_verified: false
            - evidence_id: csh-ev-fhlmc-8401-policy-effective-date
              kind: timestamp
              description: Title insurance endorsement effective-date timestamp showing coverage in place at or before partial-release recording date — no gap in coverage.
              retention_rule_ref: reg-z-1026.25
              examiner_question_ref: FHLMC Servicer Review §8401.o
              cite_verified: false
      pathway_selection_logic: |
        Both pathways required in parallel: A — independent title review confirming First Lien position survived the release (defends \u00A74201.2); B — title insurance endorsement updated to cover the post-release Mortgaged Premises (defends Chapter 4702). Title review alone without insurance leaves [LENDER] exposed if a future title defect surfaces; insurance alone without independent review may insure incorrect post-release boundaries. Defense-in-depth.
    promoted_at: '2026-05-25T20:45:34+00:00'
    promoted_from: fhlmc-8401-roundd-v1.yaml
_promotion_history:
  - promoted_at: '2026-05-25T20:45:34+00:00'
    candidate_path: obligations\_remediation\round-d-investor-guides\fhlmc-8401-roundd-v1.yaml
    candidates_promoted: 5
    candidates_skipped_existing: 0

Verbatim regulatory text (5)

Verbatim provisions from FHLMC Single-Family Seller/Servicer Guide Chapter 8401 — Changes to the Mortgaged Premises — 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.

FHLMC Single-Family Guide §8401.1(a)(i) — Appraisal with interior+exterior inspection for partial release / easement requests

the Servicer must obtain an appraisal report with an interior and exterior inspection that meets the requirements of Topic 5600 when considering such requests

Source: FHLMC Single-Family Guide §8401.1(a)(i) — Processing requests for partial releases and granting of easements · source URL · snapshot fbba421721d90cb1

FHLMC Single-Family Guide §8401.1(a)(i) — Written approval from FHA/VA/RHS/MI + all superior lienholders for partial release/easement

The Servicer has received written approval of the FHA, VA, RHS or MI and all superior lienholders, if applicable

Source: FHLMC Single-Family Guide §8401.1(a)(i) — Processing requests for partial releases · source URL · snapshot fbba421721d90cb1

FHLMC Single-Family Guide §8401.1(a)(i) — 12-month-since-origination minimum seasoning for partial release/easement

At least 12 months have passed since the Origination Date

Source: FHLMC Single-Family Guide §8401.1(a)(i) — Processing requests for partial releases · source URL · snapshot fbba421721d90cb1

FHLMC Single-Family Guide §8401.1(a)(i) — Notify tax authorities upon partial release for assessment adjustment

Upon release, the Servicer must ensure that all applicable tax authorities are notified for adjustment of applicable assessments.

Source: FHLMC Single-Family Guide §8401.1(a)(i) — Partial release tax notification · source URL · snapshot fbba421721d90cb1

FHLMC Single-Family Guide §8401.1(a)(i) — Preserve valid First Lien position post-release

The Servicer is responsible for ensuring that the title of the Mortgaged Premises after the partial release remains a valid First Lien as required in Section 4201.2

Source: FHLMC Single-Family Guide §8401.1(a)(i) — Partial release title and lien integrity · source URL · snapshot fbba421721d90cb1