Freddie Mac Seller/Servicer Guide 8503.2: Applying and Servicing Servicemembers Civil Relief Act (SCRA)-capped Mortgages
This section contains requirements related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 8503.2 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Applying SCRA provisions
- (b) Calculation of new monthly payment for SCRA-capped Mortgages
- (c) Application of payments on SCRA-capped Mortgages
- (d) Accounting reports for SCRA-capped Mortgages
- (e) Rate changes on SCRA-capped ARMs
- (f) Servicing compensation for SCRA-capped Mortgages
- (g) Retroactive rate cap for SCRA-capped Mortgages
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.