Freddie Mac Seller/Servicer Guide 8103.3: Application of Mortgage payments
This section contains requirements related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 8103.3 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) General application of payments
- (b) Differences in collection of payments
- (c) Mortgage paid in full
- (d) Partial prepayments (curtailments)
- (e) Reapplication of prior repayments
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.