Freddie Mac Seller/Servicer Guide 4402.1: Common requirements for Seller-Owned Converted Mortgages and Seller-Owned Modified Mortgages
This section contains information related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 4402.1 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Eligible Mortgages
- (b) Special underwriting requirements
- (c) Special documentation requirements
- (d) Property value warranty requirements
- (e) Condominium, leasehold estate and Planned Unit Development (PUD) warranty requirements
- (f) Mortgage insurance requirements
- (g) Form 1077
- (h) Title insurance
- (i) Quality control
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.