Freddie Mac Seller/Servicer Guide 8303.5: Noncompliance with reporting standards and compensatory fees
This section contains information related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 8303.5 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Noncompliance with reporting and drafting requirements
- (b) Drafting noncompliance compensatory fees
- (c) Reporting noncompliance compensatory fees
- (d) EDR noncompliance compensatory fees
- (e) Unreported transactions and loan simulation compensatory fee
- (f) Aged data errors compensatory fee
- (g) Next month late reported payoff noncompliance compensatory fee
- (h) Draft delay compensatory fee
- (i) Contract noncompliance and contract change compensatory fee
- (d) Default reporting noncompliance compensatory fees
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.