Freddie Mac Seller/Servicer Guide 8701.1: Servicing Community Land Trust Mortgages
This section contains information related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 8701.1 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Key terms used in this chapter
- (b) Tracking Community Land Trust Mortgages
- (c) Servicing requirements applicable to Community Land Trust Mortgages
- (d) Community Land Trust Ground Lease Rider
- (e) Leasehold Mortgages
- (f) Resale restrictions
- (g) General notice, disclosure and foreclosure requirements
- (h) Cancelation of Borrower-paid mortgage insurance
- (i) Concurrent and Subsequent Transfers of Servicing with respect to Community Land Trust Mortgages
- (j) Excess proceeds
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.