Freddie Mac Seller/Servicer Guide 1101.3: Occurrence of a Claims Event; resulting liability immediately due and owing to Freddie Mac
Upon the occurrence of any Claims Event, all FRE Claims related to the Seller/Servicer shall be deemed immediately and automatically due and payable, without the need for further action by Freddie Mac or any other party.
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 1101.3 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.