Freddie Mac Seller/Servicer Guide 4406.9: Excess proceeds for Mortgages secured by properties subject to income-based resale restrictions
The subsidy provider may be entitled to any applicable excess proceeds when there is a transfer of title on a property subject to income-based resale restrictions that occurs as a result of such property being sold by:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 4406.9 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.