automated income assessment (employer data) with loan ...automated income assessment (employer data)...

March 2019

Automated Income Assessment (Employer Data) with Loan Product Advisor®

Introduction

This reference is intended to assist you with using our automated income assessment (employer data) offering, a part of

asset and income modeler (AIM) – our solution for automating the manual processes of assessing borrower assets and

income, and provides information to help you understand:

▪ What Is the automated income assessment (employer data) with Loan Product Advisor?

▪ How the Assessment Works (high-level view)

▪ Eligibility Requirements

▪ Loan Product Advisor Results

▪ Income Representation and Warranty Relief

▪ Details on Using the Automated Income Assessment (Employer Data) with Loan Product Advisor

o Initial Setup

o Steps for Originating Loans

o Feedback Messages

▪ Additional Tips and Information

▪ Where to Get Help

▪ Appendix A: Summary of Automated Income Assessment Results and Examples

What Is the automated income assessment (employer data) with Loan Product Advisor?

The automated income assessment (employer data) with Loan Product Advisor uses the resources of a third-party

verification service provider – Equifax® Verification Services (The Work Number®) (the “service provider”) -- to access and

assess income data. The income data can help you automate your income calculations and determine if borrower income

verification requirements are met on conventional loans. Results from the automated income assessment are displayed

on the Loan Product Advisor Feedback Certificate.

This approach provides operational efficiencies through system-driven optimization of the collection and assessment of

data relating to borrower’s income. It also allows for potential relief from Freddie Mac’s enforcement of certain selling

representations and warranties related to the borrower’s income when there is sufficient employer data available through

Equifax Verification Services (The Work Number). Income that cannot be assessed using the automated income

assessment capability can still be used to qualify the borrower, provided it is verified and meets the requirements of

Freddie Mac Single-Family Seller/Servicer Guide (Guide).

How the Assessment Works

The following process flow provides a high-level view of how the automated income assessment works. Details are

provided under the Details on Participating in the Automated Income Assessment (Employer Data) with Loan Product

Advisor section.

.

March 2019

Automated Income Assessment (Employer Data) with Loan Product Advisor

Loan Product Advisor automatically sends a request to the service provider for income information, however, an income

verification report is only returned when:

• An income verification report was ordered, and

• A match was made to identifying information on the request.

March 2019


Eligibility Requirements

To take advantage of the automated income assessment and potential relief from Freddie Mac’s enforcement of certain

selling reps and warranties related to the borrower’s income, the loan must be submitted to Loan Product Advisor Version

S4.7.00 or higher and meet the requirements summarized below. For complete requirements, refer to Guide Chapter

5901.

General Eligibility Requirements

Topic Requirement

Eligible Products Conventional mortgages

Loan Purpose ▪ Purchase

▪ Refinance, including Freddie Mac Relief RefinanceSM – Open Access Mortgages

and Enhanced Relief Refinance® Mortgages

Eligible Income Sources

(As described in the Guide)

The following income sources are eligible for automated income assessment:

▪ Base non-fluctuating employment earnings and fluctuating hourly employment

earnings

▪ Overtime income

▪ Bonus income

▪ Commission income

The following employment earnings are not eligible for automated income assessment:

▪ Military pay

▪ Earnings with the following characteristics:

o Earnings of a borrower employed by a family member, the property

seller, real estate broker or other interested party to the transaction

o Employed income from foreign sources

o Income reported on Internal Revenue Service (IRS) Form 1099

Note: Income ― such as self-employed income, rental income, alimony, child support,

etc. ― that cannot be assessed will not be eligible for income rep and warranty relief;

however, the income source may still be used as qualifying income provided it is

documented and verified in accordance with the Guide.

Income Verifications

Verifications must meet the following requirements:

March 2019


General Eligibility Requirements

Topic Requirement

▪ The method used to produce the income verification report must be an automated

process whereby the data for the report is accessed directly from the service

provider’s electronic database of employer-provided income information.

▪ You must confirm that the information in the income verification report is for the

correct borrower and employer.

▪ If the borrower took a temporary leave of absence, as of the income verification

date, the borrower must have returned to work for at least 30 days following the

leave.

Age of Verifications All income verifications must be dated no more than 120 days before the Note Date, or

Effective Date of Permanent Financing for Construction Conversion and Renovation

Mortgages.

Automated Underwriting You must:

▪ Ensure that the most current version of the income verification report is used

by Loan Product Advisor. If you obtain an updated report, the loan must be

resubmitted to Loan Product Advisor to make sure the most current

information is being assessed.

▪ Evaluate the income verification report, the information contained in Form 65,

Uniform Residential Loan Application, including the borrower’s income and

employment representations, and any other documentation in the mortgage

file.

▪ Submit to Loan Product Advisor the income amount you used to underwrite

the loan.

▪ Have no knowledge, information or documentation that contradicts a

reasonable expectation of continuance of income or probability of consistent

receipt of income for at least the next three years.

▪ Investigate and resolve any inconsistent or contradictory information between

the income verification report and the mortgage file, and if necessary, you

must update information in Loan Product Advisor based on such information.

Delivery Loan must be delivered through Loan Selling Advisor® as a Loan Product Advisor

mortgage with an LP AUS Key Number.

March 2019


Documentation Requirements

If the feedback

message(s) indicate… And… Then…

Eligible for income rep and

warranty relief

Income source is an eligible

income source reported on the

income verification report

▪ The income verification report is acceptable

documentation for the income and must be

maintained in the mortgage file.

▪ Obtain and maintain in the mortgage file

verification of the borrower’s current

employment (10-day pre-closing verification) as

required by Guide section 5302.2(d).

Income source is an eligible

income source that was not

reported on the income

verification report, and/or or an

income source other than the

eligible sources, but used to

underwrite the loan

▪ Verify and document the income source in

accordance with the Guide and maintain the

documentation in the mortgage file,

OR

▪ Remove the income and resubmit the loan to

Loan Product Advisor.

Not eligible for income rep

and warranty relief or

Unavailable

N/A Verify and document the income source in

accordance with the Guide and maintain the

documentation in the mortgage file.

IRS Form 4506-T Notwithstanding the requirements of Guide Section 5302.5, for mortgages that receive

an income rep and warranty result of “Eligible” on the last Feedback Certificate, if all

the income of a borrower is from an eligible income source and is on the income

verification report, you do not need to obtain and maintain in the mortgage file the

following:

- IRS Form 4506-T signed by the borrower, or

- Commonwealth of Puerto Rico Form 2907 or Form 4506-T, as applicable, signed

by the borrower for income that is derived from sources in Puerto Rico, Guam, or

the U.S. Virgin Islands and is exempt from federal income taxation under the

Internal Revenue Code.

March 2019


Seller’s In-House Quality Control Program

Notwithstanding the requirements of Guide Sections 3402.5 and 3402.8, for mortgages selected for pre-closing and/or

post-closing quality control review that receive an income rep and warranty result of “Eligible” on the last Feedback

Certificate, you are not required to do the following for eligible income sources that are indicated on the income

verification report.

▪ Reverify or recalculate the income

▪ Obtain IRS income information using Form 4506-T or acceptable alternate form for the assessed income, or

▪ Obtain income information using Commonwealth of Puerto Rico Form 2907 or Form 4506-T or acceptable

alternate form for the assessed income

Loan Product Advisor Results

Loan Product Advisor assesses income on an individual borrower-level and income component-level basis (base salary,

bonus, commission and overtime). On a loan-level basis, Loan Product Advisor returns one of the following income rep

and warranty results on the Feedback Certificate:

Result Description

Eligible Loan Product Advisor assessed the borrower’s income and the Seller is eligible

for relief from enforcement of certain selling reps and warranties, described

below, related to the borrower’s income.

Not Eligible Loan Product Advisor assessed the borrower’s income and the Seller is not

eligible for relief from enforcement of selling reps and warranties related to the

borrower’s income.

Unavailable Loan Product Advisor was unable to assess the borrower’s income. This could

be due to missing or incomplete information from the service provider or a

system being down. The Seller is not eligible for relief from enforcement of

selling reps and warranties related to the borrower’s income.

The Feedback Certificate also provides additional messages associated with the income rep and warranty relief result.

The messages provide income eligibility information for all or part of the borrower income assessed by Loan Product

Advisor, together with instructions regarding verification documentation.

March 2019


Using the Loan Product Advisor feedback messages, you can determine whether income rep and warranty relief applies

to the loan (loan-level relief). To obtain relief, the data on the last Feedback Certificate must be consistent with the data

delivered to Freddie Mac.

Note: An Income R&W shield on the Feedback Certificate will be available in a future Loan Product Advisor release so you can quickly identify if the loan is eligible for income rep and warranty relief.

Income that cannot be assessed using the income verification report may still be used to qualify the borrower, provided it

meets the requirements of the Guide.

Income Representation and Warranty Relief

For mortgages that receive a Loan Product Advisor Risk Class of “Accept” and an income rep and warranty result of

“Eligible” on the last Feedback Certificate, the Seller is relieved from Freddie Mac’s enforcement of the following selling

reps and warranties upon delivery of the loan to Freddie Mac:

Income Representation and Warranty

Relief is granted for …

Which means…

Income calculation The accuracy of the income calculations related to eligible income sources

that are on the income verification report.

Income verification report information The accuracy and integrity of the data represented on the income

verification report.

Keep in mind, eligibility for income rep and warranty relief applies only to eligible income sources whereby the method

used to produce the income verification report (verify the income) is an automated process in which the data for the report

is accessed directly from Equifax Verification Services (The Work Number) electronic database of employer-provided

income information. Income verified through a manual process is not eligible for automated income assessment.

If the loan is not eligible for income rep and warranty relief, it may still be eligible for relief offered through Freddie Mac's

selling rep and warranty framework as described in Guide section 1301.11.

Note: Refer to Appendix A for a summary of Loan Product Advisor income assessment results and income assessment

feedback certificate examples.

Details on Using Automated Income Assessment (Employer Data) with Loan Product Advisor

The next several sub-sections cover details to use the automated income assessment, including the initial setup process

and steps for using Loan Product Advisor’s automated income assessment.

Initial Setup

To benefit from the automated income assessment offered through Loan Product Advisor, you must first have an

agreement for verification services with the service provider -- Equifax Verification Services (The Work Number) or an

authorized Equifax reseller -- that authorizes the service provider to share the employment data with Freddie Mac. You

are not required to use the automated income assessment.

https://www.equifax.com/business/income-verification/

March 2019


The service provider must produce the income verification report using an automated process whereby the data for the

report is accessed directly from the service providers electronic database of employer-provided income information.

You must also be enrolled in Audit by Loan Number (ABLN) with Equifax. To enroll in ABLN, you will need to sign an

ABLN addendum for Equifax to release their audit copies of their completed verifications to Freddie Mac. Your account

representative from Equifax will be able to provide this required addendum. If you do not know your account

representative, send an email to [email protected] to request ABLN.

Note: If using an authorized Equifax reseller, you will need to follow the process outlined by that reseller.

After setup is complete with the service provider, effective January 27, 2019, Loan Product Advisor will offer additional request methods to receive the income verification data from the service provider by adding the unique loan identifier (Report Number) in the request file. You may choose to1:

1. Opt-in to the automated income assessment with Loan Product Advisor, which authorizes Loan Product Advisor to automatically obtain income verification reports you have ordered from the service provider for each loan submission using the loan number; or,

2. Opt-in, as described above, and provide Loan Product Advisor with the service provider’s unique loan identifier (Report Number) in the Report ID data field to ensure that the report obtained is for that Report Number provided, or,

3. Not opt-in*, provide Loan Product Advisor with the service provider’s Report Number in the Report ID data field to automatically obtain the income verification report you have ordered from the service provider for that Report Number provided.

1Automated Income Assessment with Loan Product Advisor Request Methods

Effective: January 27, 2019

If, and, then,

Opt-in Report Number is not provided

Loan Product Advisor will automatically request

the income verification report(s) using the

lender loan number (Loan Number) and

borrower(s) social security number (SSN).

Opt-in Report Number is provided

Loan Product Advisor will request the income

verification report(s) using the Report Number

and borrower(s) SSN.

Note: The loan number will not be used.

Did not opt-in* Report Number is provided

Loan Product Advisor will request the income

verification report(s) using the Report Number

and the borrower(s) SSN(s).

Note: This will allow lead numbers, TPO loan

numbers, or the Loan Product Advisor ID to be

used rather than the lender loan number.

Did not opt-in* Report Number is not provided Loan Product Advisor will not request any

income verification report(s) for that submission.

*As a Seller/Servicer, even though you did not initially complete and submit the Loan Product Advisor Automated Income Assessment-Equifax Opt-in Form, your subsequent provision of the Report Number, like the earlier formal opt-in process, will constitute your authorization for Loan Product Advisor to automatically obtain income assessment reports from Equifax as part of the automated income assessment capability.

mailto:[email protected]

http://www.freddiemac.com/loanadvisorsuite/loanproductadvisor/income_assessment_form.html

March 2019


Steps for Originating Loans Using Automated Income Assessment

To originate loans that may be eligible for income rep and warranty relief, you must complete the steps outlined below.

Based on your organization’s business processes, the order in which you complete the steps may vary.

Step 1: Order the Income Verification Report from the Service Provider

As part of your process for gathering loan application data and authorizations, also obtain the borrower’s authorization

to receive the borrower’s income information from the service provider and to share the information with Freddie Mac.

After you have obtained the borrower’s authorization, order the income verification report from the service provider.

Step 2: Reconcile the Income Verification Report(s)

Using an automated process, the service provider generates the income verification report from their database if the

data is available. The automated process can be used to verify income employers who currently provide information

to The Work Number database. If income data is not available from The Work Number database, the service provider

will notify you.

After you receive the report(s), review the information and address any inconsistent or contradictory information

between the report(s) and the mortgage file. For example:

▪ Does the borrower’s identifying information match the loan application (employee name, SSN, address)?

▪ Do the employer and dates of employment match the loan application?

▪ Does the borrower’s income type match the loan application?

▪ Does the borrower’s payment frequency match the loan application?

▪ Is the borrower’s income amount consistent with the amount disclosed on the loan application?

Note: All income verifications must be dated no more than 120 days before the Note Date, or Effective Date of

Permanent Financing for Construction Conversion and Renovation Mortgages, and may contain up to three years of

data.

March 2019


The following is an example of an income verification report that will be provided to you from the service provider:

Reference Number: The Report Number for Equifax Verification Services

March 2019


Step 3: Complete Loan Product Advisor Loan Data Entry and Submit

Once you have reviewed the report(s) and addressed inconsistencies, complete loan data entry in Loan Product

Advisor. Keep the following in mind when entering data:

1. Income must be entered in Loan Product Advisor by income type for each borrower for Loan Product Advisor

to make an accurate assessment. Enter the borrower’s gross monthly income amount that was used to

underwrite the loan.

2. Loan Product Advisor cannot assess income entered under secondary employment income when assessing

the borrower’s income. Secondary employment income must be added to the borrower’s primary income

earnings to be included in the income calculations. Applicable primary and secondary income must be

included in the following primary income fields to be assessed:

- Base employment income (include both fluctuating and non-fluctuating employment earnings)

- Bonuses

- Overtime

- Commission

For example,

If Borrower Earns… Enter…

$5,000 from primary employment (base earnings)

$1,000 from secondary employment (base earnings)

$6,000 in the primary Base Employment Income

field


$1,000 from secondary employment (commission)


field

$1,000 in the primary Commission field


$1,000 from primary employment (bonus)

$2,000 from secondary employment (base earnings)


field

$1,000 in the primary Bonuses field

3. For direct access Loan Product Advisor users when providing the Report Number:

- On the Request Services page in Loan Product Advisor, select the Request an Automated

Underwriting Assessment check box.

- Select the Request Verification Report checkbox, the borrower, verification type, and verification

company and enter the Reissue ID/Report ID located on the service provider’s income verification report.

- Click Add Request, Submit and then Confirm Submit.

March 2019


Select the applicable borrower from the drop down.

Select Income.

Select the applicable Service Provider

To delete a request from the Order Summary, click on the trash can.

Select Request Verification Report.

The Order Summary section displays the order history, including prior Reissue Key(s).

Enter the Report Number provided in the Income Verification Report from the Service Provider.

After you have entered all the information, click Submit.

Select Add Request to add the request information to

the Order Summary.

March 2019


When you click Confirm Submit, Loan Product Advisor sends the request to the service provider’s system.

System-to-system integration users:

From your system, submit the loan to Loan Product Advisor to begin the assessment. Loan Product

Advisor sends a request based on the applicable information provided in the Automated Income

Assessment with Loan Product Advisor Request Methods.

The service provider must match the information provided in the request to release the report data to Loan Product

Advisor.

If a match is made, Loan Product Advisor receives the report and completes an analysis on the income as a part of its

assessment. Income is derived on an income component-level (base, bonus, commission and overtime) basis. If a

match is not made, you will receive a message indicating Loan Product Advisor was unable to process the report for

an individual borrower.

Step 4: Review the Loan Product Advisor Results

Messages from the automated income assessment are returned in the Employment & Income section of the Loan

Product Advisor Feedback Certificate regarding:

▪ An indication of eligibility for income rep and warranty relief (loan-level relief)

▪ The income amount derived by Loan Product Advisor

Refer to Appendix A for a summarized assessment and documentation chart with Feedback Certificate examples.

Step 5: Deliver the Loan to Freddie Mac

When you are ready to deliver the loan to Freddie Mac, you must deliver it through Loan Selling Advisor with the LP

AUS Key Number. Loan Selling Advisor confirms that the data from the last Loan Product Advisor Feedback

Certificate is consistent with the data delivered in Loan Selling Advisor, and when applicable, provides rep and

warranty relief from certain selling reps and warranties related to the borrower’s income.

March 2019


Prior to delivery, Loan Quality Advisor may be used as a supportive tool for managing the income rep and warranty

relief eligibility that was determined in Loan Product Advisor. After delivery, Loan Coverage Advisor may be used to

track income rep and warranty relief.

Feedback Messages

For a list of feedback messages associated with the automated income assessment, refer to Loan Product Advisor

automated income and asset Feedback Messages.

Additional Tips and Information

▪ Employment Verifications – The lender must obtain the 10-day pre-closing employment verification outside of the

automated income assessment capability offered by Loan Product Advisor. Rep and warranty relief is not granted for

the required employment verification.

▪ Verification Report – Loan Product Advisor submits a request to the service provider on every submission, however,

new data will not be returned unless you order a new report. For example, if the borrower received a raise and you

want Loan Product Advisor to consider the raise in its assessment, you need to order a new income verification report

and resubmit the loan to Loan Product Advisor.

Where to Get Help

For questions related to the automated income assessment, please contact your Freddie Mac representative or Freddie

Mac’s Customer Support Center (800-FREDDIE). Also, visit the Asset & Income Modeler (AIM) web page. For questions

related to your service provider’s system, contact your respective representative(s).

This document is not a replacement or substitute for the information found in the Freddie Mac Single-Family

Seller/Servicer Guide and/or terms of your other Purchase Documents.

© 2019 Freddie Mac

http://www.freddiemac.com/singlefamily/pdf/Loan_Product_Advisor_Income_Asset_Feedback_Messages.pdf

http://www.freddiemac.com/singlefamily/aim.html

March 2019

Appendix A: Automated Income Assessment Results and Examples

Summary of Automated Income Assessment Results (Employer Data Income)

The following chart provides a summary of automated income assessment results and the messages returned to confirm income rep and warranty relief eligibility and documentation requirements.

Income

Rep and

Warranty

Result

Loan Product Advisor Feedback Messages Income Documentation

Overall Assessment Borrower Income

Assessment

Eligible Income Sources

Reported on the Income

Verification Report

Income Not Reported

on the Income

Verification Report

and/or Other Income

Sources1

Eligible

“Based on Loan Product

Advisor’s overall

assessment, the loan is

eligible for income

representation and

warranty relief. The loan

does not have to be

resubmitted with the

derived income amount

to maintain income

representation and

warranty relief.”

(Message 24)

At the borrower/employment

level, Loan Product Advisor

returns:

▪ The total derived

income amount

(Message 8D)

▪ The income amount

derived by income

type (base, overtime,

bonus, etc.)

(Message 8G)

Document with the following:

▪ The third-party report

received from the service

provider (Message 8V)

▪ 10-day pre-closing

verification of borrower’s

current employment

(Message CZ)

▪ IRS Form 4506-T (or an

acceptable alternative

form), however not

required for a borrower if

all of that borrower’s

income is from an

eligible source and is on

the income verification

report (Message 1K)

Verify and document the

income per the Guide for

the applicable income

type (various messages)

Not

Eligible

“Based on Loan Product

Advisor’s overall

assessment, the loan is

not eligible for income

representation and

warranty relief; however,

it may be eligible for

relief offered through

Freddie Mac's selling

representation and

warranty framework.”

(Message 23)

At the borrower/employment

level, Loan Product Advisor

returns:

▪ The total derived

income amount

(Message 8D)

▪ The income amount

derived by income

type (base, overtime,

bonus, etc.)

(Message 8G)


income per the Guide for the

applicable income type

(various messages)


income per the Guide for

the applicable income

type (various messages)

1 Any eligible income sources not reported on the income verification report and/or an income source not listed as an eligible source

for assessment (e.g., alimony, child support, earning of a Borrower employed by a family member or by the property seller, real

estate agent or other interested party to the transaction, employed income from foreign sources, income reported on IRS Form

1099, military pay, etc.).

March 2019


Income Assessment Feedback Certificate Examples

The following Feedback Certificate Employment & Income section examples display messages you may see in your

results. For a complete list of feedback messages associated with the automated income assessment, refer to Loan

Product Advisor automated income and asset Feedback Messages.

Example 1 – Loan Eligible for Loan-Level Income Rep and Warranty Relief (One Borrower)

The loan was submitted with the following income:

▪ Base Employment Income - $12,501

▪ Commissions - $1,000

The Feedback Certificate indicates the loan received an “Accept” Risk Class. The feedback messages in the Employment

& Income section (below) indicate:

a) Based on the overall assessment, the loan is eligible for income rep and warranty relief (Message 24).

b) Documentation requirements:

▪ The third-party report (income verification report) is sufficient documentation to support the income (Message

8V).

▪ A 10-day pre-closing verification from the employer (Message CZ) and signed IRS 4506-T (Message 1K) are

required, however, the signed IRS 4506-T is not required for a borrower if all the income of that borrower is

from an eligible income source and is on the income verification report.

c) The total amount of derived income is $10,706 (Message 8D).

Note: The derived income is less than the submitted income. Because the derived income supports the loan, no

further action is needed.

d) The source and amount of the borrower’s derived income: base income and commission (Message 8G).

http://www.freddiemac.com/singlefamily/pdf/Loan_Product_Advisor_Income_Asset_Feedback_Messages.pdf

March 2019


Example 1, continued

a)

b)

c)

d)

b)

March 2019


Example 2 – Loan Not Eligible for Loan-Level Income Rep and Warranty Relief (One Borrower)


▪ Base Employment Income - $22,501

▪ Overtime - $1,500

▪ Commissions - $1,000



a) Based on the overall assessment, the loan is not eligible for income rep and warranty relief (Message 23).

b) The total amount of derived income is $10,706 (Message 8D).

c) The source and amount of the borrower’s derived income: base income and commission (Messages 8G).

d) Reason certain income was not assessed: Overtime income was not assessed due to missing or insufficient

years of income on the income verification report (Message 78).

e) Informational message on submitted income: Submitted income is not within a reasonable tolerance, thus the

income was not eligible for income rep and warranty relief (Message GD). Consider reviewing income information

in the loan file, then adjusting the income and resubmitting the loan, if applicable.

f) Documentation requirements: The traditional documentation requirements apply to this loan.

March 2019



a)

b)

c)

d)

f)

e)

March 2019


Example 3 – Loan Eligible for Loan-Level Income Rep and Warranty Relief (Three Borrowers)


▪ Base Employment Income - $1,200 (Alice)

▪ Base Employment Income - $1,200 (Dad)

▪ Base Employment Income - $1,200 (Mom)



a) Based on the overall assessment, the loan is eligible for income rep and warranty relief (Message 24).

b) Documentation requirements:

▪ The third-party report (income verification report) is sufficient documentation to support the income (Message

8V).

▪ A 10-day pre-closing verification from the employer (Message CZ) and signed IRS 4506-T (Message 1K) are

required for each borrower, however, the signed IRS 4506-T is not required for a borrower if all the income of

that borrower is from an eligible income source and is on the income verification report. In this example, no

income was derived for Mom Freddie. You can document her submitted income, or alternatively, you do not

need to document her income if you remove her income and resubmit.

c) The total amount of derived income for each borrower (Message 8D). In this example, no income was derived for

Mom Freddie, but the derived income from the other two borrowers was sufficient.

d) The source and amount of the borrowers’ derived income: base income (Message 8G).

March 2019



This document is not a replacement or substitute for the information found in the Freddie Mac Single-Family

Seller/Servicer Guide or terms of your Master Agreement or other Pricing Identifier Terms. © 2019 Freddie Mac

a)

b)

c)

d)

b)