Freddie Mac Seller/Servicer Guide 8801.3: Loss mitigation for Cooperative Share Loans
This section contains requirements related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 8801.3 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Assumptions and workout loan assumptions of Cooperative Share Loans
- (b) Loan modifications of Cooperative Share Loans
- (c) Short sales of Cooperative Share Loans
- (d) Deeds-in-lieu of foreclosure of Cooperative Share Loans
- (e) Charge-offs of Cooperative Share Loans
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.