Freddie Mac Seller/Servicer Guide 3201.1: Fraud prevention and detection measures
The Seller/Servicer must have in place comprehensive practices and procedures to prevent and detect fraud throughout each stage of the origination and Servicing of a Mortgage and in related real estate transactions.
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 3201.1 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Employee hiring and training
- (b) Origination and Servicing
- (c) Seller/Servicer’s in-house quality control program
- (d) Additional fraud mitigation resources
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.