Freddie Mac Seller/Servicer Guide 5705.1: Cooperative Share Loans
Freddie Mac purchases Cooperative Share Loans secured by an ownership interest in Cooperative Projects that meet Freddie Mac’s eligibility requirements.
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 5705.1 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Seller’s assessment of Cooperative Project risks
- (b) Seller approval for Cooperative Share Loans
- (c) Glossary definitions and other terms used in this chapter
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.