Freddie Mac Seller/Servicer Guide 1301.2: Compliance with applicable law
This section contains requirements related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 1301.2 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Seller/Servicer obligations
- (b) OFAC screening; notice of OFAC match
- (c) AML compliance; reporting AML non-compliance and Suspicious Activity
- (d) FHFA Suspended Counterparty Program
- (e) Seller lending practices
- (f) Servicer-maintained fair lending data elements
- (g) Servicer responsibility for incident response program and notice of an incident
- (h) Servicer diversity practices – minority, women and disabled inclusion
- (i) Servicer adverse action notices
- (j) Repurchase requests related to compliance with laws representations and warranties
- (k) ACPs
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.