Freddie Mac Single-Family Seller/Servicer Guide 9602.1 — Post-foreclosure reporting and compliance
Freddie Mac Guide §9602.1 (Post-foreclosure reporting and compliance). Gap-fill (verbatim, ID-diff).
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 9602.1 — Post-foreclosure reporting and compliance — 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 9602.1 — Post-foreclosure reporting and compliance
This section contains requirements related to: ■ Servicer reporting of foreclosure sales to credit repositories ■ Servicer reporting to the Internal Revenue Service (IRS) (a) Servicer reporting of foreclosure sales to credit repositories The Servicer must report all foreclosure sales to the credit repositories listed in Exhibit 51, Credit Repositories and Information to Report, according to the requirements in Section 8106.1(d). (b) Servicer reporting to the IRS The Servicer must report the acquisition or abandonment of the property to the IRS according to the requirements in Section 8106.2(b) on IRS Form 1099-A, Acquisition or Abandonment of Secured Property. In the event that deficiency rights were not preserved during the foreclosure process as may be allowed under Section 9301.6(a)(ii), the Servicer must also report the cancelation of debt to the IRS according to the requirements in Section 8106.2(c) on IRS Form 1099-C, Cancellation of Debt.
Operationalizing Freddie Mac Single-Family Seller/Servicer Guide 9602.1 — Post-foreclosure reporting and compliance
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-9602-1/
· register fhlmc-9602-1 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.