Freddie Mac Seller/Servicer Guide 4201.7: Assumption of Mortgage
A Mortgage not owned by Freddie Mac with respect to which the original Borrower has conveyed the Mortgaged Premises to a new owner is eligible for purchase by Freddie Mac provided that the new owner:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 4201.7 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.