· Web viewFreddie Mac will provide a suite of test cases with loan criteria that can be used to...

Freddie Mac Selling System

Form 11/Form13SFInterface Specifications Manual

Version 6.1

November 2006

NOTICE

This manual is the property of Freddie Mac. The manual includes confidential information and trade secrets, which have been developed or acquired by Freddie Mac through the expenditure of a significant amount of time and financial resources. As a condition to receipt of this manual, the recipient of the manual agrees to maintain and protect the confidentiality of the manual and the contents hereof and not to disclose or use any portion of the manual for any purpose other than to the extent necessary to perform services for Freddie Mac.

Copyright 2006 Freddie Mac

November 2006CONFIDENTIAL - DO NOT DISTRIBUTE

Form 11/13SF Specifications Table of Contents

TABLE OF CONTENTS

Section I – Introduction 1Purpose 1File Overview 1

Section II – Planning and Preparation 2Introduction 2

Development 2 User Acceptance Testing 2 Freddie Mac Validation 2 Freddie Mac Signoff 2

Section III – Interface Development 3Overview 3

Completing the Export Options 3 Creating the Export File 3

Form 11 File 3 Form 13SF File 4

Importing a File into the Selling System 4 General Implementation Guidelines 5

Testing and Verification 6

Appendix A – Form 11 File Format 7

Appendix B – Form 13SF File Format 42

Appendix C – Exhibit 1 Instructions for Completing the First-Time Homebuyer Indicator Field 76

November 2006 CONFIDENTIAL - DO NOT DISTRIBUTE Page i

Form 11/13SF Specifications Section I – Introduction

PURPOSEThis Interface Specification document is intended for use by a Loan Origination vendor, lender with a custom origination system or other approved system vendor to facilitate the development of the Form 11/Form 13SF interface between your product and the Selling System. The Form 11/Form 13SF Interface is an automated means to send loan data to the Selling System for faster, more efficient loan delivery and funding. Imported loans will automatically populate the corresponding data fields in the Selling System. Freddie Mac is providing this interface manual to better meet the business needs of our customers who transmit loans to Freddie Mac for funding.

OVERVIEWExporting data to the Selling System using the Form 11 and/or 13SF formats will save customers the time and effort of re-entering loan data for delivery. Customers will have the ability to export and re-export loan data when needed for fixed rate (Form 11) and ARM (Form 13SF) loans.

The following figure shows how the Form 11/Form 13SF Interface works from a high-level business perspective.

The vendor’s system builds the Form 11/Form 13SF files according to format.

File is named according to naming standard.

File is written to location determined by user.

User launches a browser and opens a session in the Selling System.

User selects Import Loans, selects the import file format and imports the file. The three file formats are:

Default Form 11

Default Form 11 Servicing Released

Default Form 13

After import, the user views the Import Loan Result screen.

November 2006 FREDDIE MAC CONFIDENTIAL - DO NOT DISTRIBUTE Page 1

LOS: EXPORT LOAN FILE

SELLING SYSTEM: IMPORT LOAN FILE

Form 11 File

Form 13SF File

Form 11/13SF Specifications Section II –Planning and Preparation

INTRODUCTIONThe ability to export loan data in the Form 11 or 13SF format is designed to provide a fast, efficient way for our customers to transmit loan data for delivery. This capability can provide our customers a competitive edge by allowing them to select and submit a large number of loans for delivery faster and accurately than by manual entry.

We want to ensure that our relationship during your Interface development process is clearly defined. We will work with you to build a smooth, user-friendly, and efficient interface. This section describes typical development milestones.

Development After you have reviewed these specifications, your Freddie Mac relationship manager will arrange a

‘kickoff’ telephone call to introduce you to your Freddie Mac verification analyst. This provides a forum to address your preliminary questions and discuss the verification process.

You will develop the capability to create files in accordance with the Selling System Interface specifications.

Freddie Mac will provide you with the Form11/Form 13SF Verification Test Case Binder, which contains test cases.

You will provide your Freddie Mac Verification Analyst with your project plan, showing key milestones and timelines.

User Acceptance TestingAs the developer, you will verify your ability to:

Create a well-formed, fully validated Form 11 File. Create a well-formed, fully validated Form 13SF File.

Freddie Mac Validation You will e-mail your Freddie Mac Verification Analyst the Form 11 and 13SF test files that your

system generated. Your Freddie Mac Verification Analyst will validate your import files and communicate any

corrections that need to be made to the import data or to your system’s design/mapping. This process is repeated until all test cases are successfully completed.

Freddie Mac SignoffFreddie Mac will provide a verification letter documenting that your system meets the requirements set forth in these specifications.


Form 11/13SF Specifications Section III –Interface Development

OVERVIEWThe Form 11/Form 13SF Interface will provide an easy and efficient means for the customer to transmit loan data to the Selling System. The options described below will allow the customer to create and export data to Freddie Mac and take advantage of the flexible features offered by the Selling System.

Completing the Export OptionsThe LOS should have the following capabilities for creating an export file. Some capabilities may be user controlled or system generated.

Provide a function to select any number of loans to be included in the file exported from the LOS. This function should include the ability to filter loans to group them by similar characteristics, i.e., current date, mortgage product, contract number, property state, settlement date, etc.

Automatically select the File Format Type based on the type of loans selected for export. The three file format types for exporting data in the Selling System are Form 11, Form 11 Servicing Released and Form 13SF.

Provide the capability for the user to enter the file name and extension or allow the LOS to automatically generate the file name.

Provide the capability for the user to indicate where the file should be saved or allow the LOS to use a standard location.

Provide the capability for the user to enter the Contract Number prior to creating the import file when all of the loans in the import file will be allocated to a specific contract with the import. If the contract number is not included in the file, the Selling System will provide the opportunity prior to import. If no contract number is provided prior to import, the user will be required to enter the contract number after the import for each loan, individually.

The following user capabilities should be made available after the export file as been created:

Display results after the file has been created, including: total loans in the export file, new loans exported, and re-exported loans. Contract Number if available.

View Export File prior to import into the Selling System.

Creating the Export FileThe Loan Origination System should have the capability to build three types of export files: Form 11, Form 11 Servicing Released and Form 13SF. Each is described below.

Form 11 File (Servicing Retained and Released)All loans included in the Form 11 File must have a fixed interest rate and may be imported at any point during the life cycle of a loan including origination, underwriting, and post closing. The export file may include multiple fixed rate products.



Form 13SF File All loans included in the 13SF File must be an ARM loan and may be imported at any point during the life cycle of a loan including origination, underwriting, and post closing. The export file may include multiple ARM products.

Importing a File into the Selling System

Select Import Loans from the left menu bar and the Selling System will display the following screen

The user will be asked to specify:

Import file name (Browse function available)

Data Template (drop down choices)

Loan Product Name (Optional field). Enter the Product Name if all loans in the file are the same product. If no product is entered, the customer will have to assign a mortgage product to each loan manually and individually after importing it to the Selling System.



Contract Number: Under the title “Specification of Contract #”, there are several choices. The user will choose to enter a contract number or pool # on the screen and all loans in the export file will automatically be added to that contract upon import. If Contract Numbers have been specified in the file, this number will be used instead of the screen number. If there is an incorrect contract # in the file, or if it is a pool #, allocation attempts will fail – the loans will be entered in the system, but for cash only the customer will have the option to allocate from the Contract Details screen after importing to the Selling System.

An option is provided to preview the import file. The Selling System will display the values for the first two loans prior to import. The preview should be used to verify that the data fields are properly mapped. If there are formatting errors, the preview will fail and a message will be displayed.

After an import, the Import Loan Results screen will show error results if applicable. THe types of error results are: Import Errors: the user will click on the number to see the reason the import of a specific loan failed. Allocation Errors: the user will click on the number to see the reason for failure to allocate. Eval Errors: if the user choose to evaluate loans, the number of loans with Critical errors will be

displayed. Clicking on the number of errors will provide a report of those errors. If no loan had critical errors but some had warnings, there will be a “W” instead of a number. Clicking on the W will show all of the warning messages.

The Selling System allows the customer to re-import a loan. When re-importing a loan, all data in the vendor’s system for a loan should be included in the file . The existing loan will be over-written in the Selling System. Refer to the Selling System documentation for further information,

General Implementation Guidelines

The Selling System is currently limited to Sellers only. Custodians may export loans from the system and reimport

Imported loans may be allocated toMandatory cash contracts (servicing retained or released) .Best Efforts loans may be modified for allocation to a Guarantor contract. Loans may be fixed rate or ARMS.

Because the Form 11/Form 13SF files are fixed record length files, any empty or unused fields should be represented by blanks or zeros to maintain proper file spacing.

Numeric fields are right-justified with leading zeros. Fields with no entry should be represented by spaces.

Alphanumeric fields are left-justified and space-filled. Fields with no entry should be represented by spaces.

All fields are mandatory for final delivery to Freddie Mac, if applicable. It is recommended that you build your import file to incorporate all the fields as applicable.

There are two required fields for import. They are noted by an asterisk in Appendices A and B. The Seller Loan Number and primary borrower’s name are used to make each loan unique. The borrower’s name is parsed into first and last name. If all three data elements are identical to an existing loan, a new loan will not be created. An existing loan will be overwritten. The required format is Last Name, First Name (Doe,John)

A loan may be imported at any point in the life cycle of a loan including origination, underwriting, and post closing. Once a loan is imported, it may be re-imported. This process will overwrite the



existing loan in the Selling System and replace it with the re-imported loan as long as the loan has not gone into Settlement Locked status. Also, changes cannot be made to certified fields. Settlement Locked Status is when the loans are locked for settlement. Additionally, Best Efforts loans have some fields locked when they are allocated to a Best Efforts contract. Certifiable fields are locked once a 1034 is created.

Currently, the maximum number of loans per file for a Guarantor contract is 200.

The import file name is determined by the LOS or the customer.

The import file extension is determined by the LOS or the customer. The extension can be any three letters or numbers or combination thereof except extensions used by Microsoft products (i.e., xls, doc, dat, ppt, msp) or system executables (exe). Regardless of the extension, the file type should be ASCII.

The import file location is determined by the LOS or the customer.

Large files with multiple products or multiple contracts should be avoided as they will require the customer to address each loan manually and individually by assigning a product or contract number. It is more efficient to group loans by contract or product when sending large numbers of loans.

TESTING AND VERIFICATIONThis section describes the Freddie Mac testing process and the deliverables that must be incorporated into the development project plan.

A typical life cycle schedule is presented below. If Freddie Mac implements new functionality, the testing process may change. You will be provided with a test binder with detailed instructions. A Freddie Mac relationship manager will be available to discuss the details of the test binder and assist you during the verification process. During the kickoff meeting, your Freddie Mac relationship manager will discuss deliverables, which will include a project plan. All developers are required to complete these deliverables as part of the verification process.

Project Planning and Deliverables

Task Description

Verification Kick-off Meeting A Freddie Mac relationship manager will initiate a conference call to introduce you to your Freddie Mac Verification Analyst who will guide you through the process.

Development Your system should be developed in accordance with this interface specification document.

System Testing and User Acceptance Testing (UAT)

Your system must be tested internally to confirm that it has been developed in accordance with this interface specification document.



Project Planning and Deliverables

Task Description

Freddie Mac will provide a suite of test cases with loan criteria that can be used to generate export files.

Interface Verification – Data Validation

Freddie Mac will verify that your system is able to support all applicable Form 11/Form 13SF fields, i.e., that the export file is being built correctly. The files must be captured, and the data e-mailed to Freddie Mac for review.


Form 11/ 13SF Interface Specifications Appendix A – Form 11 File Format

APPENDIX AFORM 11 File Format

(HMDA Release Effective 1/1/2004)

General Instructions

Fields marked with an asterisk (*) are required fields for importing a loan and creating a loan in the Selling System.

All fields are mandatory for final delivery to Freddie Mac. It is recommended that you build your import file to incorporate all the fields as applicable.

Numeric fields are right-justified with leading zeros. Fields with no entry should be represented by blanks or zeros.

Alphanumeric fields are left-justified and space-filled. Fields with no entry should be represented by blanks.

Sellers may have negotiated terms to deliver data not represented in this appendix. Noted fields in this appendix (i.e., reference code, MI company code, etc.) may have negotiated values not referenced here and the developer will need to identify specific adjustments for each Seller.

A loan may be imported at any point in the life cycle of a loan including origination, underwriting, and post closing. Once a loan is imported, it may be re-imported. This process will overwrite the existing loan in the Selling System and replace it with the re-imported loan as long as the loan has not gone into Settlement Locked status (i.e., allocated to a contract). Also, changes cannot be made to certified fields.



Field Name Start Length Format Short Definition Valid Values Comments

Filler 1 4 SpacesFreddie Mac Loan Number

5 9 Spaces A Freddie Mac supplied number assigned to the Mortgage by the Seller/Servicer.

Nine digit Freddie Mac provided number

The Selling System assigns the number when the loan is allocated to a contract. This file should not be sent on import

Freddie Mac Contract Number

14 10 A/N The number of the Freddie Mac Purchase Contract under which these Mortgages are sold.

Ten digit alpha/numeric number provided by Freddie Mac.

If the contract number is included in the import file, the loans will be allocated to the contract specified. If the contract number is not included in the import, the user can still enter it on the Selling System screens.

*Seller Loan Number

24 13 A/N The unique identification number assigned by the Seller to the mortgage.

Required as one of the two import fields needed to create a loan.

Filler 37 6 SpacesProperty Type 43 1 A/N The type of property

secured by the mortgage.Valid codes:1 = Condominium2 = Leasehold3 = PUD4 = Manufactured

Housing5 = 1-4 Family Fee

SimpleProperty Address

44 30 A/N The street address of the property.

Property City 74 20 A/N The city where the property is located.

Property State 94 2 A/N The state where the property is located.

Property Zip Code

96 9 A/N The zip code where the property is located.

The zip code field allows for 9 digits to be entered if available. Do not enter the hyphen for the full zip.

Example: Enter 12345-6789 as 123456789.




*Borrower Name 105 20 A/N The name of the Borrower who is obligated to repay the Note secured by the property.

Enter the Borrower’s last name, then a comma, followed by the first name.

Example:Enter John Smith as::Smith,John


The field will be parsed. All characters before the comma

will be considered the last name. All characters after the comma will

be considered the first name. If the last name is longer than 19

characters, truncate it. Put a comma in the 19th position and the first letter of the first name in the 20th position.

the first name is a certifiable field and should be as it is shown on the note

Purpose of Loan Code

125 1 A/N Describes how the loan proceeds will be used.

Valid codes:1 = Purchase (owner-

occupied)2 = Refinance (owner-

occupied)3 = Purchase

(investment property)

4 = Second Home (purchase or refinance)

5 = Refinance (investment Property)

For a refinance mortgage (purpose of loan codes 2,4 and 5), designate in the SCC fields whether the loan is a cash-out or no cash-out refinance using one of the following SCC codes: 003 = cash-out refinance 007 = non cash-out refinance

Original Loan Amount

126 9 NDecimal-0

The original principal amount of the loan as indicated on the Note or the loan amount at time of Note modification or conversion.

Whole Dollars only (omit the cents).

Example:Enter $225,000.00 as 000225000

For Seller-Owned Modified Mortgages the loan amount as of the modification date.

For Converted Mortgages, the loan amount as of the Conversion Date.

For construction to permanent Mortgages, the loan amount of the permanent Mortgage.

Current Unpaid Principal Balance

135 11 NDecimal - 2

The current unpaid principal balance of the Mortgage at the time of

This amount should include dollars and cents.




delivery.Example Enter $225,000.00 as 00022500000

Interest Paid to Date

146 6 YYMMDD The due date of the most recent monthly P&I Payment made by the Borrower.

Interest Rate 152 5 NDecimal - 3

The original interest rate as indicated on the Note.

Examples:Enter 10.5% as 10500Enter 5% as 05000Enter 6 ¼% as 06250

For Seller-Owned Modified Mortgage, the rate in effect after modification.

For Converted Mortgages, the rate in effect as of the Conversion Date.

For construction to permanent Mortgage, the rate in effect for the permanent Mortgage.

P&I Payment 157 9 NDecimal - 2

The full monthly principal and interest (P&I) payment as indicated on the note (excluding taxes and any insurance).


Example:Enter $1,500.00 as 000150000

For Affordable Gold Mortgages the Monthly P&I Payment must equal the actual monthly P&I Payment and not the subsidized monthly payment for mortgages using MCCs.

For Seller Owned Modified Mortgages, the monthly P&I payment in effect after modification.

For Converted Mortgages, the monthly P&I payment in effect after conversion.

For construction to permanent Mortgages, the monthly P&I payment for the permanent Mortgage.

Note Date 166 6 YYMMDD The Original Note Date. For Converted, Seller-Owned Modified Mortgages, and one closing construction to permanent Mortgages, the Note Date must be the Original Note Date.

For two closing construction to permanent Mortgages, if the Borrower executes a new Note, the




Date of Note must be the original Note Date of that new Note.

If the Borrower executes a modification agreement to convert to permanent financing, the Date of Note must be the original Note Date.

For Energy Conservation and Rehab Mortgages the Date of Note must be the date of Mortgage funding and not the anticipated date of final disbursement of the Escrow Funds.

Maturity Date 172 6 YYMMDD The date of the final monthly P&I Payment as indicated on the Note.

For Balloon/Reset Mortgages, the maturity date should equal the Balloon/Reset Date.

For Energy Conservation and Rehab Mortgages, the Date of Note must equal the date of Mortgage funding and not the anticipated date of final disbursement of the Escrow funds.

For Seller-Owned Modified Mortgages, the maturity date of the Note after modification.

First P&I Payment Date

178 6 YYMMDD The due date of the first full principal & interest (P&I) payment as indicated on the Note.

For Seller-Owned Modified Mortgages, the due date of the first full P&I payment of the modified Mortgage.

For Converted Mortgages the due date of the first full P&I payment of the Converted Mortgage.

For one closing construction to permanent Mortgages, the due date of the first full P&I payment of the permanent Mortgage.

Loan Feature 184 2 A/N Describes features associated with a mortgage.

Valid codes:B = Buydown PlanR = Premium

Financing funded

Currently the Valid Values accepted by the Selling System are:F = FHA LoanV = VA Loan




buydown plan on purchase transaction Mortgages

S = Shared Equity PlanX = Shared

Equity/Buydown Plan

K = Capitalized Mortgage

F = FHA LoanV = VA LoanN = Native AmericanP = Affordable Gold

3/2Q = Affordable Gold

97H = Guaranteed Rural

Housing or Affordable Gold Mortgages with Rural Housing Services Leveraged Seconds

P = Affordable Gold 3/2Q = Affordable Gold 97H = Guaranteed Rural HousingK = Capitalized Mortgage

The remaining values are for future functionality

Loan to Value Ratio

186 3 NDecimal - 2

The ratio obtained by dividing the original loan amount by the lesser of the property’s appraised value or its purchase price.

Example:Enter 95% as 095. Always round up to the next whole number.For example 94.001 is entered as 095.

The Selling System, will accept this field on impor, but will calculate the LTV based on the loan data provided.

Number of Unit(s)

189 1 NDecimal-0

The number of dwelling units in the property.

Use 1,2,3 or 4 in this field indicating the number of units.

Condo Name 190 20 A/N The name of the Condominium project.

Mandatory for Property Type 1 only.

Project 210 1 A/N The classification of the Valid codes: Mandatory for Condominiums only.




Classification condominium project. 1 = Project Class I2 = Project Class II3 = Project Class III

MI Company 211 2 A/N The code that identifies the Mortgage Insurance company approved by Freddie Mac.

Please note, Sellers may have negotiated MI Company Codes that are not listed below.

38 = CMG01 = General Electric (GEMICO)06 = Guranty (MGIC)11 = PMI33 = Radian13 = Republic Mtg Insurance (RMIC)24 = Triad Guaranty (Triad)12 = United Guaranty (UGRIC)31 = CalHFA37 = MI Mass HFA05 = CMG02 = Verex16 = HGIC26 = FGIC19 = USMIC20 = IMGC39 = FL HFA70 = TMIC71 = PHBCFor government guaranteed mortgages, the valid values are:89 = Section 502

Guaranteed Rural Housing

97 = Original LTV ratio greater than 80%,

Mandatory for loans over 80% LTV, unless otherwise specified.

Code 89 and 97 are for future use.




and mortgage insurance has been canceled prior to delivery.

MI Certificate # 213 10 A/N The certificate number of the mortgage insurance policy covering the Property.

Mandatory for loans over 80% LTV, or as otherwise specified.

For government guaranteed programs (MI Company = 89, 97, or blank), leave this field blank

MI Loss Coverage%

223 3 NDecimal-0

The percentage of loss coverage that the mortgage insurance company is providing for the Mortgage.

Example:Enter 20% as 020


For government guaranteed programs (MI Company = 89, 97, or blank), leave this field blank.

Reduced Documentation

226 1 Spaces Indicates whether the loan was underwritten using reduced documentation.

Not applicable at this time

Borrower Social Security Number

227 9 A/N The social security number of the Borrower.

Valid 9 digit social security number.

Borrower‘s First Payment Change Date

236 8 Spaces The first date the Borrower’s monthly P&I payment will change.


Borrower’s Initial P&I Payment

244 9 Spaces The first P&I Payment as indicated on the note.


Yearly Payment Increase %

253 5 Spaces The percent by which the Borrower’s scheduled monthly payments may increase each year.


Filler 258 3 SpacesCredit Score Value

261 4 NDecimal 0

The numeric value of the Borrower’s Credit Score or Indicator Score.

Developer’s Note: The LP Decision Borrower Score is equal to the Credit

Mandatory for servicing released or Non-Loan Prospector conventional Mortgages. [GRH, FHA, VA mortgages must not have a CSV] The field may be left blank for Non LP Mortgages when the Credit Score Type




Indicator Score. equals “I” or “T”: I = significant inaccurate credit informationT = insufficient credit information

Filler 265 1 SpacesCredit Score Type

266 1 A/N The method used to select the Credit Score Value (Indicator Score) entered in the Credit Score Value field.

The Credit Score Type represents the method used to select the Credit Score Value. Valid codes:1 = Middle/lower then

lowest method2 = Middle/lower than

average method3 = Average/average

methodI = Credit Score is

unusable due to significant inaccurate credit information.

T = Credit Score is unusable or not available due to insufficient credit information.

Mandatory for conventional Mortgages not processed through Loan Prospector.

Mandatory for GCX servicing released Mortgages.

If you enter a Credit Score Value (position 262), then you must also enter a Credit Score Selection method of 1,2, or 3.

MERS # (Mortgage Identification Number (MIN))

267 18 A/N The unique number assigned to each loan registered on the Mortgage Electronic Registration System (MERS).

Mandatory for MERS loans only.

Offering Code 285 3 A/N The codes used to identify specific mortgage purchase offerings.

Valid codes:210 = Alt 97 or

Affordable Gold Alt 97

400 = the 400 Streamlined Purchase offering




401 = the 401 Streamlined Purchase offering

510 = Alternative Stated Income

Reserved Field 1 288 1 Spaces A “Reserved field” may not be used without Freddie Mac’s express written consent.

Reference Code 289 4 A/N Codes used to identify Mortgages with certain characteristics.

Please note, Sellers may have negotiated Reference Codes that are not listed below.

Valid codes:0003 – Seller Owned

Modified Mortgage0005 – Converted

Mortgage0007 – Freddie Mac

owned streamlined refinance Mortgage

0012 – Initial Interest Loan

Construction Specific:0013 – Mortgages for

Newly Constructed Homes

0006 – One closing construction to permanent Mortgage (old value)

0008 = Two closing construction to permanent Mortgage that uses a modification (old value)




Associated FM Loan #

293 9 A/N A Freddie Mac supplied number assigned to the original Mortgage by the Seller/Servicer when the Mortgage was initially sold to Freddie Mac.

For Freddie Mac-owned streamlined refinance Mortgage with SCC of 288.

Modification / Conversion Date

302 8 YYYYMMDD Date on which the modification documentation was effective.

For Seller-owned Modified Mortgages, one closing construction to permanent mortgages and Converted Mortgages.

For one closing construction to permanent Mortgages, the due date of the first P&I payment of the permanent Mortgages.

Borrower Race Fields 2 to 5

310311312313

1111

A/N The race or national origin of the Borrower.

Refer to the valid values in Field 419.

Use Field 419 as the primary race code if only one is listed on the application. Use race code fields 2-5 for additional race codes if borrower marks more than one race.

Co-borrower Race Fields 2 to 5

314315316317

1111

A/N The race or national origin of the Co-borrower. If there is more than one Co-borrower, enter the data for the first Co-borrower listed on the application.

Refer to the valid values in Field 420.

Use Field 420 as the primary race code if only one is listed on the application. Use race code fields 2-5 for additional race codes if Co-borrower marks more than one race.

Borrower Ethnicity

318 1 A/N The ethnicity of the Borrower.

Valid codes.1 = Hispanic or Latino2 = Not Hispanic or

Latino3 = Information not

provided by Borrower in mail, Internet or telephone application.

4 = Not Applicable (Use when the

If the Mortgage will be delivered on or after 1/1/2004 and the Mortgage application was completed prior to 1/1/2004, the following conversion rules apply.

If the Borrower’s Race selection on the application dated prior to 1/1/2004 = 4 (Hispanic) deliver Ethnicity = 1 (Hispanic or Latino).

If the Borrower’s Race selection on the application dated prior to




Borrower is an entity rather than an individual).

1/1/2004 = 7 (Information not provided by Borrower for an application received by mail or telephone), delivery Ethnicity = 3 (Information not provided by Borrower in mail, Internet or telephone application).

If the Borrower’s Race selection on the application dated prior to 1/1/2004 = 1,2,3,5.6 or 8 (American Indian or Alaskan Native, Asian or Pacific Islander, Black, White, Other or not Applicable), delivery Ethnicity = 4 (Not applicable).

Co-borrower Ethnicity

319 1 A/N The ethnicity of the Co-borrower.

Valid codes.1 = Hispanic or Latino2 = Not Hispanic or

Latino3 = Information not

provided by Borrower in mail, Internet or telephone application.

4 = Not Applicable (Use when the Borrower is an entity rather than an individual).

5 = No Co-Borrower

If the Mortgage will be delivered on or after 1/1/2004 and the Mortgage application was completed prior to 1/1/2004, the following conversion rules apply:

If the Co-borrower’s Race selection on the application dated prior to 1/1/2004 = 4 (Hispanic), deliver Ethnicity = 1 (Hispanic or Latino).

If the Co-borrower’s Race selection on the application dated prior to 1/1/2004 = 7 (Information not provided by Co-borrower for an application received by mail or telephone), deliver Ethnicity = 3 (Information not provided by Co-borrower in mail, Internet or telephone application).

If the Co-borrower’s Race selection on the application dated prior to 1/1/2004 = 1,2,3,5,6 or 8 (American Indian or Alaskan Native, Asian or Pacific Islander, Black, White Other or Not Applicable), deliver Ethnicity = 4 (Not Applicable).






Borrower Date of Birth

327 8 YYYYMMDD The date of birth of the Borrower.

The date of birth of the Borrower, as listed on the Mortgage Application.

This data is mandatory for Mortgage applications completed on or after 1/1/2004.

Co-borrower Date of Birth

335 8 YYYYMMDD The date of birth of the Co-borrower.

The date of birth of the Co-borrower, as listed on the Mortgage application.


HOEPA Status 343 1 A/N Indicates whether a Mortgage is covered by the Home Ownership and Equity Protection Act.

Valid codes:Y = HOEPA MortgageN = Mortgage is not

subject to requirements of HOEPA.

For mortgages delivered on or after 1/1/2004.

Rate Spread 344 4 NDecimal - 2

The spread between the annual percentage rate (APR) on a Mortgage and the rate on Treasury securities with comparable maturity periods.

Example: Enter 3.5% as 0350Enter 10.5% as 1050Enter 5% as 0500Enter 6 ¼% as 0625

For Mortgages delivered on or after 1/1/2004

Mandatory for Mortgages where the Rate Spread is greater than or equal to 3% for first liens.

For Mortgage applications completed before 1/1/2004, in which the rate lock occurred after 1/1/2004, lenders must calculate and report the Rate Spread.

Special Characteristics Codes Fields 7 – 10

348351354357

3333

A/N These codes provide additional information relating to the Mortgage.

FOR FUTURE USE

Filler 360 41 Spaces

Special Characteristics Codes Fields 1-6

401404407410

3333

A/N These codes provide additional information relating to the Mortgage

Please note that Sellers may have negotiated SCC Codes that are not listed

These codes are negotiated for each seller and mandatory for loans that require the delivery of this information.




Special Characteristics Codes (cont.)

413416

33

below.

Leading zeros are required.

VALID CODES FOR ALL LOANS:

The following SCC codes must be delivered for all loans:

Seller must identify whether the loan is a wholesale home mortgage by using one of the following SCC Codes:002 = a wholesale

home mortgage, or018 = not a wholesale

home Mortgage

Seller must identify the status of a property’s flood insurance coverage by using one of the following SCC codes:170= in SFHA with

flood insurance185= in SFHA without

flood insurance175= out of SFHA with

flood insurance180= out of SFHA

without flood insurance

OTHER REQUIRED

Note:The Selling System may not support all legacy SCC codes

Additional comments to help deliver the correct SCC code for flood insurance.185 = is used if the community

participates in the National Flood Insurance Program (NFIP), the dwelling is not covered by flood insurance and the Mortgage file contains a FEMA Letter of Map Amendment (LOMA) or letter of Map Revision (LOMR) effectively removing the dwelling from the SFHA.

175, 180 = are used if there is no NFIP map for the community where the property is located.

The following are rules to follow when delivering SCC codes.

003 or 007 = required if the Purpose of Loan Code = 2 or 5(refinance) or 4(when applicable).





SCC CODES

Seller may be required to deliver one or more of the following SCC codes.

For Refinance Mortgages

The type of refinance must be designated by using one of the following SCC codes:003 = cash out

refinance007 = no cash-out

refinance288 = must be used

when the loan is purchased under the Freddie Mac Owned Streamlined Refinance Mortgage program.

289 = must be used when the loan is purchased under the Non-Freddie Mac Owned Streamlined Refinance Mortgage program.

For manufactured housing mortgages

Use one of the following SCC codes if

For SCC code 288, provide the Associated Freddie Mac loan number and the applicable Reference Code.

If a Mortgage secured by a California condominium is delivered to Freddie Mac without SCC 257, 259 or 261, the Seller will be assessed a 1% delivery fee.





the Property Type Code is 4:951 = Singlewide.952 = Multi-wide.

For applicable California Condominium Mortgages

Use one of the following SCC codes if the delivery fee for the mortgage secured by the California condominiums is waived or reduced:257 = Mortgage with

partially pre-funded deductibles.

259 = Mortgage with adequately re-funded deductibles.

261 = Mortgage evaluated – insurance not necessary.

For all Affordable Housing Initiatives (AHI) programs

071 = must be used if the mortgage was originated under one of Freddie Mac’s special Affordable Housing Initiatives





programs.532 = must be used for

any Affordable Gold Mortgage that satisfies the minimum number of payment reference requirement using Noncredit Payment References.

535 = must be used for any Mortgage where the TLTV ratio is greater than 100 percent.

547 = must be used for any Affordable Gold Mortgage using cash on hand as Borrower Funds.

582 = must be used for any Mortgage with an RHS leveraged second.

583 = must be used for any Affordable Gold Mortgage with secondary financing.

G00 = Home Possible 97G01 = Home Possible

Neighborhood Solutions 97 Community Solutions

G02 = Home Possible 100





G03 = Home Possible Neighborhood Solutions 100 Community Solutions

G14 – FM 100 Mortgages

G-15 – Affordable Merit Mortgages

For Mortgages with Financed Mortgage Insurance Premium

Seller must devise an SCC code using the number 6 and the gross LTV ratio between and including 681 and 695.

Example: for a loan with a 90% LTV ratio with financed MI, the Seller must enter an SCC = 690 and the gross LTV ratio (which would be higher than 90%) through the LTV ratio field.

For Mortgages with Lender Paid Mortgage Insurance

019 = to designate the loan as having Lender Paid MI.

For Mortgages with




Buydowns

For mortgages with temporary subsidy buydowns, one of the following SCC codes must be used:009 = for a 2-1

buydown014 = for a 3-2-1

buydown

For Section 184 Native American Mortgages

One of the following SCC codes should be delivered, if applicable to the Mortgage:128 = fee simple130 = Allotted Land218 = Tribal Trust Land

For Loan Prospector Mortgages using Form 2070, or equivalent

Seller must deliver one of the following SCC codes to indicate which version of the Form 2070, or its equivalent, was used for the Loan Prospector Mortgage:902 = Loan Prospector

Mortgage delivered with Form 2070 (interior inspection)




903 = Loan Prospector Mortgage delivered with Form 2070 (exterior-only inspection)

904 = Loan Prospector Mortgage delivered with FNMA Form 2075 as substitute for Form 2070.

Mortgages for Newly Constructed Homes

914 = Two closing construction to permanent Mortgages (old value).

916 = Mortgaged premises are completed after application (old value).

934 = One closing construction to permanent Mortgage (old value).

D49 - Newly Built Home Mortgages – Site BuiltD50 - Newly Built Home Mortgages – Manufactured HomeD51 - Construction Conversion/Renovation Mortgages – Site BuiltD52 - Construction Conversion Mortgages




– Manufactured HomeD53 - Seasoned Mortgage For Newly Constructed Home

Borrower Race Field #1

419 1 A/N The race or national origin of the Borrower.

Valid codes:1 = American

Indian/Alaska Native

2 = Asian3 = Black or African

American4 = Native Hawaiian or

other Pacific Islander

5 = White 6 = Information not

provided by Borrower by mail, Internet, or telephone application.

7 = Not applicable (Use when the Borrower is an entity rather than an individual).

Note: Up to five Borrower Race codes may be selected (additional codes go in fields 310-313).

This data is mandatory except for Notes originated prior to 1/1/93; however, the data should be delivered, if available for these mortgages.If the Mortgage will be delivered on or after 1/1/12004 and the Mortgage application was completed prior to 1/1/2004, the following conversion rules apply. If the Borrower’s Race selection on

the application dated prior to 1/1/2004 = 1 (American Indian/Alaskan Native), deliver Race = 1 (American Indian/Alaska Native).

If the Borrower’s Race selection on the application dated prior to 1/1/2004 = 2 (Asian or Pacific Island), deliver Race = 2 (Asian).

If Borrower’s Race selection on the application dated prior to 1/1/2004 = 3 (Black (Not Hispanic)), deliver Race = 3 Black or African American.

If Borrower’s Race selection on the application dated prior to 1/1/2004 = 4 (Hispanic), deliver Race = 7 (Not Applicable)

If Borrower’s Race selection on the application dated prior to 1/1/2004 = 5 (White Not Hispanic), deliver Race = 5 (White).

If the Borrower’s Race selection on the application dated prior to 1/1/2004 = 6 (other), deliver Race =




7 (Not Applicable). If the Borrower’s Race selection on

the application dated prior to 1/1/2004 = 7 (Information not provided by Borrower for an application received by mail or telephone), deliver Race = 6 (Information not provided by Borrower in mail, Internet or telephone application).

If the Borrower’s Race selection on the application dated prior to 1/1/2004 = 8 (Not Applicable), deliver Race = 7 (Not Applicable).

Co-borrower Race Field #1

420 1 A/N The race or national origin of the Co-borrower. If there is more than one Co-borrower, enter the data for the first Co-borrower listed on the application.

Valid codes:1 = American

Indian/Alaska Native

2 = Asian3 = Black or African

American4 = Native Hawaiian or

other Pacific Islander

5 = White 6 = Information not

provided by Borrower by mail, Internet, or telephone application.


Note: Up to five Borrower Race codes may be selected (additional codes

Refer to 419 for conversion rules.




go in fields 310-313).

8 = No Co-BorrowerBorrower Gender

421 1 A/N The gender of the borrower.

Valid codes:1 = Male2 = Female3 = Information not

provided by Borrower in mail, Internet, or telephone application.

4 = Not Applicable (Use when Borrower is an entity rather than an Individual), but not a Native American tribe or tribal organization.

8 = Not Applicable (Use for Section 184 Native American Mortgages only)

This data is mandatory except for Notes originated prior to 1/1/93; however, the data should be delivered, if available for these mortgages.

[The Selling System does not currently support Section 184 mortgages, therefore does not support #8 through import]

Co-borrower Gender

422 1 A/N The gender of the Co-borrower. If there is more than one Co-borrower, enter the data for the first Co-borrower listed on the application

Valid codes:1 = Male2 = Female3 = Information not

provided by Borrower in mail, Internet, or telephone application.

4 = Not Applicable (Use when Borrower is an entity rather than an Individual), but not a Native

Refer to 422 for additional conditions.

[TheSelling System does not support Section 184 mortgages, therefore does not support #8 through import]




American tribe or tribal organization.

5 = No Co-Borrower8 = Not Applicable

(Use for Section 184 Native American Mortgages only)

Borrower Age 423 2 NDecimal-0

The age of the Borrower expressed in years.

Enter the age of Borrower, as listed on the loan application.Other valid entries:98 = Use when

Borrower does not provide age on the application.

99 = Use when Borrower’s age is 99 or older.

blank = Use when not applicable (only to be used when Borrower is an entity rather than an individual).

This data is mandatory except for Notes originated prior to 1/1/93 and Mortgage applications completed on or after 1/1/2004; however, the data should be delivered, if available for these mortgages.

Co-borrower Age 425 2 NDecimal-0

The age of the Co-borrower expressed in years. If there is more than one Co-borrower, enter the data for the first Co-borrower on the application.

Refer to 423 for valid entries.


First Time Homebuyer

427 1 A/N Indicates whether the Borrower is a first-time homebuyer.

Valid values:Y = Yes, one of the

Borrowers who will reside in the Property is a first time homebuyer.

N = No, none of the Borrowers will


This field must be populated with a Y or N if the Purpose of the Loan Code




reside in the property.

Blank = The First-Time Homebuyer indicator field must be left blank when the Purpose of Loan field has a value = 2-5

is 1 (Purchase).

This field should be blank if the Purpose of the Loan Code is 2-5.

Number of Borrowers

428 2 NDecimal-0

The total number of Borrowers. Individuals who sign the security instrument but not the note are not considered Borrowers.


The Selling System will calculate the number of borrowers based on the loan data in the import file

Year Built 430 4 N YYYY

The year the property was built.

Valid value for the Year Built is the full year.

Example: 1985

This data should be delivered, if available for these mortgages.

Number of Bedrooms (by unit)

Unit 1 = 434

Unit 2 = 435

Unit 3 = 436

Unit 4 = 437

1

1

1

1

N The total number of bedrooms in a 1 unit property or in each unit of a 2-4 unit property

Enter the number of bedrooms for each unit identified in Field 189 (Number of Units) for either 1-unit investment

property (Purpose of Loan Code = 3, 5)

for each unit in a 2-4-unit property.

If the 2-4-unit property is owner-occupied (Purpose of Loan Code = 1), enter a zero in any unit(s) that Borrower(s) occupy.

Mandatory for investment properties and 2-4 unit properties.




Gross Monthly Rent (by unit)

Unit 1 = 438

Unit 2 = 443

Unit 3 = 448

Unit 4 = 453

5

5

5

5

NDecimal-0

This is the gross monthly rental income per unit as indicated on the signed lease(s) for the Property.

If there is not an active lease for a unit, or the Borrower rents the unit to a family member, enter the gross monthly rental income as estimated on the applicable appraisal report or addenda.

Whole Dollars only (round to the nearest dollar).

Enter the gross monthly rental income for each unit identified in Field 189 (Number of Units) for either 1-unit investment




Example:Enter $1,500.00 as 01500

Monthly Housing Expense

458 5 NDecimal-0

The monthly housing expense is the sum of the monthly charges on the Borrower’s Primary Residence.




Filler 463 16 SpacesMonthly Debt Payment

479 5 NDecimal-0

The sum of the Borrower’s monthly debt payments.


Example:Enter $1,500.00 as




01500Monthly Income 484 6 N

Decimal-0The total monthly income used to qualify the Borrower(s).



Appraised Value of Property

490 9 NDecimal-0

For a purchase transaction Loan Prospector Mortgage, either (i) the purchase price if the property is supported by Freddie Mac’s Home Value models, or (ii) the lesser of the appraised value of the property on the Origination Date or the purchase price of the property.

For a refinance Loan Prospector Mortgage, either (i) the Borrower’s estimate of value if supported by Freddie Mac’s Home Value models, or (ii) the appraised value of the property on the Origination Date.

For a Non-Loan Prospector purchase Mortgages, the lesser of (i) the appraised value of the Mortgaged Premises on the Origination Date, or (ii) the purchase price


Example:Enter $180,000.00 as 000180000




of the property.

For a Non-Loan Prospector refinance transaction, the value of the property on the Origination Date.

Purchase/Sales Price

499 9 NDecimal-0

The purchase price of the property, net any adjustments made for sales or excess financing concessions.


Example:Enter $180,000.00 as 000180000

The Purchase Price is mandatory when the Purpose of Loan Code is 1,3, or 4.

Leave blank for refinanced mortgages.

Down Payment Sources

Source 1 = 508

Source 2 = 510

Source 3 = 512

Source 4 = 514

2

2

2

2

A/N The source(s) of the Borrower’s down payment, up to a maximum of four codes.

Valid codes:(Sellers may have

negotiated values not listed below)

01 = gift from relative02 = gifts or grants

from a non-profit religious organization or non-profit community organization.

03 = gifts or grants from a federal government program

04 = gifts or grants from a state government program

05 = gifts or grants from a local government program

06 = gifts or grants from employer

Mandatory for AHI Mortgages only.




07 = other Borrower cash or equity

08 = unsecured loan10 = other11 = premium funds12 = secondary

financing

Down Payment Amounts

Amount 1 = 516Amount 2 = 522Amount 3 = 528Amount 4 = 534

6

6

6

6

NDecimal-0

The dollar amount of the Borrower’s down payment attributable to the corresponding down payment source code.


For example, a mortgage with two sources of down payment (specified in Fields 508 and 510) using codes 01 and 07, respectively (gift from relative and Borrower’s own funds) for $2000 each would be entered as 002000 in position 516 and 002000 in position 522.


Required for delivery if applicable.

Closing Costs Sources

Source 1 = 540

Source 2 = 542

Source 3 = 544

Source 4 = 546

2

2

2

2

A/N The source(s) for paying the Borrower’s closing costs, up to a maximum of four codes.

Valid codes:01 = gift from relative02 = gifts or grants

from a non-profit religious organization or non-profit community organization

03 = gifts or grants from a federal

Mandatory for AHI mortgages only.




government program




07= Borrower’s own funds

08 = unsecured loan09 = property seller

contributions10 = other11 = premium funds12 = secondary

financingClosing Cost Amounts

Amount1 = 548

Amount2 = 554

Amount3 = 560

Amount4 = 566

6

6

6

6

NDecimal-0

The dollar amount of the closing costs attributable to the corresponding closing costs source code.


For example, a mortgage with two sources of closing costs (specified in Fields 540 and 542) using codes 01 and 07, respectively (gift from relative and Borrower’s own funds) for $500 each would be entered as 000500 in position 548 and 000500 in position 554.

Example:





Enter $500.00 as 000500

Secondary Financing Sources

Source1 = 572

Source2 = 574

2

2

A/N Identifies the source of the secondary financings.

Valid codes for Non-Affordable Housing Mortgages with Secondary Financing:blank = No secondary

financing20 = HELOC30 = Other secondary

Financing

Valid codes for Affordable Housing Mortgages (AHI) with Secondary Financing. For AHI mortgages, Seller may deliver up to two secondary financing sources.01 = originating lender02 = other financial

institution03 = Federal

government program

04 = State government program

05 = local government program

06 = employer08 = not applicable, no

secondary financing

09 = property seller10 = other

Mandatory for all Mortgages with Secondary Financing, except Affordable Housing mortgages.

For Affordable Housing mortgages, this information is required when the Purpose of Loan Code = 1 (purchase / owner occupied). You can deliver up to a maximum of two codes.

Secondary Financing Amounts

Amount1 = 576

Amount2 = 582

6

6

NDecimal-0

The dollar amount of the secondary financing attributable to the corresponding secondary


When a Secondary Financing Source code of ‘20’ is entered for a HELOC, enter the disbursed amount or used portion at closing, not the maximum




financing source code. Example: A mortgage with one second mortgage funded by a Federal government program in the amount of $2000 would be entered:

Position 572 = 03Position 576 = 002000

credit loan amount. If no disbursements have occurred, enter zero.

Homeowner Education/ Education Administrator

Code 1 = 588

Code 2 = 589

1

1

A/N The applicable code for the administrator and the format of the counseling program, up to a maximum of two codes.

Valid codes:L = Lender (Freddie

Mac Seller/ Servicer)

N = Non-profit organization

P = Public or government agency

O = OtherX = Borrower

education not required.

blank = Borrower did not participate.


Homeowner Education/ Education Format

Code 1 = 590

Code 2 = 591

1

1

A/N The applicable code for the format of the counseling program, up to a maximum of two codes.

Valid codes:C = ClassroomH = Home studyI = IndividualO = OtherX = Borrower

education not required. For example, if a Borrower participated in a counseling program offered by the lender in a classroom setting.





blank = Borrower did not participate.

Filler 592 4 SpacesCo-borrower Name

596 20 A/N The name of a second Borrower who is obligated to repay the Note secured by the Property. The term “Co-borrower” is used to distinguish between multiple Borrowers, not to rank the Borrowers. If there is more than one Co-borrower, enter the data for the first Co-borrower listed on the application.

Enter the Co-borrower’s last name, then a comma, followed by the first initial or name.

Example:Enter John Smith in either format shown below:Smith,JSmith,John

Mandatory if more than one borrower exists.

The field will be parsed. All characters before the comma

will be considered the last name. All characters after the comma will

be considered the first name. If the last name is longer than 19

characters, truncate it. Put a comma in the 19th position and the first letter of the first name in the 20th position.

If the first name is not entered, a value of “unknown” will be assigned.

Co-borrower Social Security Number

616 9 A/N The social security number of the Co-borrower, if more than one Borrower exists. If there is more than one Co-borrower, enter the data for the first Co-borrower listed on the application.

Valid 9-digit social security number.

Mandatory if more than one Borrower exists.

Loan Prospector Key Number (AUS)

625 8 A/N The unique number that Loan Prospector assigns to each loan processed through Loan Prospector.

Alphanumeric number provided by Loan Prospector.

Mandatory for Mortgages processed through Loan Prospector.

Also known as Key Number or Loan Prospector (LP) AUS Key Number.

Filler 633 17 SpacesBorrower Mailing Address Different From the Property address

650 1 A/N Indicates whether the Mailing Address is different from the Property Address.

Valid codes:Y = Yes, the Mailing

Address is different from the Property Address.

N = No, the Mailing Address is not





different from the Property Address.

US Address 651 1 A/N Indicates whether the Mailing Address is located within the U.S.

Valid codes:Y = Yes, the Mailing

Address is within the US.

N = No, the Mailing Address is not within the US.

Mandatory for GCX servicing released mortgages.

Borrower Mailing Street Address

652 30 A/N The mailing address of the Borrower.

Mandatory for GCX servicing released mortgages if “Y” is entered in the Borrower Mailing Address Different from the Property Address field and if “Y” is entered in the US address field.

City/State/Zip 682702704

2029

A/N The City, State and Zip code of the Mailing Address.

Mandatory for GCX servicing released mortgages if “Y” is entered in the Borrower Mailing Address Different from the Property Address field and if “Y” is entered in the US address field.

Filler 713 11 SpacesMortgage has monthly Escrow amount

724 1 A/N Indicates whether the mortgage has monthly escrow amounts.

Valid codes:Y = Yes, the mortgage

has a monthly escrow amount.

N = No, the mortgage does not have a monthly escrow amount.


Property Taxes: State

725 7 N Decimal - 2

The monthly property tax for the State jurisdiction.


Example:Enter $100.00 as 0010000

Mandatory for GCX servicing released Mortgages if “Y” is entered in the Escrow field and this tax applies.

Property Taxes: City

732 7 N Decimal- 2

The monthly property tax for the City jurisdiction


Example:





Enter $100.00 as 0010000

Property Taxes: County

739 7 NDecimal –2

The monthly property tax for the County jurisdiction.




Property Taxes: Township

746 7 NDecimal - 2

The monthly property tax for the Township jurisdiction.




Property Taxes: Other Code

753 2 A/N Other jurisdiction types for monthly property taxes.

Valid Codes:01 = Borough02 = School03 = District99 = Other

Mandatory for GCX servicing released Mortgages if “Y” is entered in the Escrow field and Other Property Taxes Amount field has a value.

Property Taxes – Other $

755 7 NDecimal- 2

The dollar amount of the Other Property Taxes attributable to the corresponding Property Taxes – other Code.




Monthly Insurance: Mortgage Insurance

762 7 NDecimal - 2

The monthly Mortgage Insurance.


Mandatory for GCX servicing released Mortgages if “Y” is entered in the Escrow field and this insurance applies.

Monthly Insurance: Hazard Insurance

769 7 NDecimal - 2

The monthly Hazard Insurance.




Monthly 776 7 N The Monthly Flood This amount should Mandatory for GCX servicing released




Insurance: Flood Insurance

Decimal - 2 Insurance. include dollars and cents.


Mortgages if “Y” is entered in the Escrow field and this insurance applies.

Monthly Insurance: Earthquake Insurance

783 7 NDecimal - 2

The monthly Earthquake Insurance.

This amount should include dollar and cents.



Monthly Insurance: Other1 Code

790 2 A/N Other types of monthly insurance.

Valid Codes:21 = Storm Insurance

(Hail, Wind, Rain)22 = Insect/Infestation

Insurance23 = Leasehold

(Ground Rent)99 = Other

Mandatory for GCX servicing released Mortgages if “Y” is entered in the Escrow field and Other Monthly Insurance Amount has a value.

Monthly Insurance: Other1 $

792 7 NDecimal - 2

The dollar amount of the Other Monthly Insurance attributable to the corresponding Monthly Insurance Other1 Code.






Valid codes:21 = Storm Insurance






801 7 NDecimal - 2

The dollar amount of the Other Monthly Insurance attributable to the corresponding Monthly






Insurance Other2 Code. Example:Enter $100.00 as 0010000



Valid codes:21 = Storm Insurance






810 7 NDecimal - 2

The dollar amount of the Other Monthly Insurance attributable to the corresponding Monthly Insurance Other3 Code.



Mandatory for GCX servicing released Mortgages. If “Y” is entered in the Escrow field and this insurance applies.

Filler 817 40 SpacesOther Funds Collected: Escrow Deposit

857 7 NDecimal - 2

Escrow balance on loan net of any escrow advances less aggregate adjustments.



For GCX servicing released Mortgages.

Filler 864 14 SpacesOther Funds Collected: Buydown

878 7 NDecimal - 2

Current remaining Temporary Subsidy Buydown balance (e.g. the amount provided to subsidize the borrower’s interest rate on the loan for the remaining time during which the lower interest rate applies.).




Other Funds Collected: Other1 Code

885 2 A/N Other types of funds due to the Servicer after funding for the Servicer to apply to the Borrower’s

Valid codes:41 - Advanced PITI

Payment42 - Principal





UPB. Curtailment99 - Other

Other Funds Collected: Other1 $

887 7 NDecimal - 2

The dollar amount attributable to the corresponding Other Funds Collected –Other1Code.




Other Funds Collected: Other2 Code

894 2 A/N Other types of funds due to the Servicer after funding for the Servicer to apply to the Borrower’s UPB.

Valid codes:41- Advanced PITI

Payment42- Principal

Curtailment99 – Other


Other Funds Collected: Other2 $

896 7 NDecimal - 2

The dollar amount attributable to the corresponding Other Funds Collected –Other2Code.





Form 11/13SF Interface Specifications Appendix B – Form 13 File Format

APPENDIX BFORM 13SF File Format

(HMDA Release Effective 1/1/2004)

General Instructions

Fields marked with an asterisk (*) are required fields for importing a loan and creating a loan in the Selling System.

All fields are mandatory for final delivery to Freddie Mac. It is recommended that you build your import file to incorporate all the fields as applicable.

Numeric fields are right justified with leading zeros. Blanks or zeros should represent fields with no entry.Exception: Percent Rounded field (position 288) must be left justified.

Alphanumeric fields are left justified and space-filled. Fields with no entry should be represented by blanks.

Sellers may have negotiated terms to deliver data not represented in this appendix. Noted fields in this appendix (i.e., reference code, MI company code, etc.) may have negotiated values not referenced here and the developer will need to identify specific adjustments for each Seller.

A loan may be imported at any point in the life cycle of a loan including origination, underwriting, and post closing. Once a loan is imported, it may be re-imported. This process will overwrite the existing loan in the Selling System and replace it with the re-imported loan as long as the loan has not gone into Settlement Locked status (i.e., allocated to a contract). Also, changes cannot be made to certified fields.




Filler 1 4 SpacesFreddie Mac Loan Number

5 9 Spaces A Freddie Mac supplied number assigned to the Mortgage by the Seller/Servicer

9 digit Freddie Mac provided number

The Selling System assigns the number when the loan is allocated to a contract. This file should not be sent on import

Freddie Mac Contract Number

14 10 A/N The number of the Freddie Mac Purchase Contract under which these mortgages are sold.

10 digit alpha/numeric number provided by Freddie Mac

If the contract is included with the import file the loans will be allocated to the contract with the import. If the contract number is not included in the import the user can still enter it on the Selling System screens.

*Seller Loan Number

24 13 A/N The unique identification number assigned by the Seller to the mortgage.


Filler 37 6 SpacesProperty Type 43 1 A/N The type of property

secured by the mortgageValid codes:1 = Condominium2 = Leasehold3 = PUD4 = Manufactured Housing5 = 1-4 Family Fee Simple

Property Address

44 30 A/N The address of the property.

Property City 74 20 A/N The city where the property is located

Property State 94 2 A/N The state where the property is located.

Property Zip 96 9 A/N The zip code where the property is located

The zip code field allows for 9 digits to be entered if available. Do not enter the hyphen for the full zip.

Example: Enter 12345-6789 as 123456789




Appraised Value of Property

105 9 N For a purchase transaction Loan Prospector Mortgage, either (i) the purchase price if the property is supported by Freddie Mac’s Home Value models, or (ii) the lesser of the appraised value of the property on the Origination Date or the purchase price of the property.

For a refinance Loan Prospector Mortgage, either (i) the Borrower’s estimate of value if supported by Freddie Mac’s Home Value models, or (ii) the appraised value of the property on the Origination Date.

For a Non-Loan Prospector purchase Mortgages, the lesser of (i) the appraised value of the Mortgaged Premises on the Origination Date, or (ii) the purchase price of the property.

For a Non-Loan Prospector refinance transaction, the value of the property on the


Example:Enter $225,000.00 as 000225000




Origination Date.

*Borrower Name 114 20 A/N The name of the Borrower who is obligated to repay the Note secured by the property

Enter the Borrower’s last name, then a comma, followed by the first name.

Example:Enter John Smith as:

Smith,John


The field will be parsed. All characters before the

comma will be considered the last name.

All characters after the comma will be considered the first name.

If the last name is longer than 19 characters, truncate it. Put a comma in the 19th position and the first letter of the first name in the 20th position.

If the first name is left blank, a value of “unknown” will be assigned.

Purpose Of Loan Code

134 1 A/N Describes how the loan proceeds will be used

Valid codes:1 = Purchase (owner-occupied)2 = Refinance (owner-

occupied)3 = Purchase (investment

property)4 = Second Home (purchase or

refinance)5 = Refinance (investment

Property)

For a refinance mortgage, (purpose of loan codes 2,4 and 5) you must designate in the SCC fields whether the loan was a cash-out or no cash-out refinance.

Use one of the following SCC codes: 003 = cash-out refinance 007 = non cash-out

refinance.




Purchase/Sales Price

135 9 N The purchase price of the property, net of any adjustments made for sales or excess financing concessions.


Example:Enter $225,000.00 as 000225000

The Purchase Price is mandatory when the Purpose of Loan code is 1,3, or 4.

Enter a blank for refinance transactions.

Filler 144 1 SpacesOriginal Loan Amount

145 9 N The original principal amount of the loan as indicated on the Note or the loan amount at time of Note modification.

Whole Dollars only (omit the cents)

Example:Enter $225,000.00 as 000225000

For Seller-Owned Modified Mortgages the loan amount as of the modification date.

For Converted Mortgages, the loan amount as of the Conversion Date.

For construction to permanent Mortgages, the loan amount of the permanent Mortgage.

Current Unpaid Principal Balance

154 11 NDecimal – 2

The current unpaid principal balance of the Mortgage at the time of delivery


Example: Enter $225,000.00 as 00022500000

Interest Paid to Date

165 6 YYMMDD The due date of the most recent monthly P&I Payment made by the Borrower.

Current Interest Rate

171 5 NDecimal-3

The current interest rate as of the last interest change date.


Mandatory for ARMS which have adjusted at least once.

Current P & I Payment

176 9 NDecimal –2

The full monthly principal & interest (P&I) payment as of the last interest change date (excluding taxes and any insurance).


Example: Enter $1,500.00 as 000150000

Mandatory for ARMS which have adjusted at least once.

Note Date 185 6 YYMMDD The Original Note Date For Converted, Seller-Owned Modified Mortgages, and one closing




construction to permanent Mortgages, the Note Date must be the Original Note Date.

For two closing construction to permanent Mortgages, if the Borrower executes a new Note, the Date of Note must be the original Note Date of that new Note.

If the Borrower executes a modification agreement to convert to permanent financing, the Date of Note must be the original Note Date.

For Energy Conservation and Rehab Mortgages the Date of Note must be the date of Mortgage funding and not the anticipated date of final disbursement of the Escrow Funds.

Maturity Date 191 6 YYMMDD The date of the final monthly P&I Payment as indicated on the Note

For Balloon/Reset Mortgages, the maturity date should equal the Balloon/Reset Date.

For Energy Conservation and Rehab Mortgages, the Date of Note must equal the date of Mortgage funding and not the anticipated date of final disbursement of the Escrow funds.

For Seller-Owned Modified Mortgages, the maturity date of the Note after modification.

First P&I Payment Date

197 6 YYMMDD The due date of the first full principal & interest

For Seller-Owned Modified Mortgages, the due date of




(P&I) payment as indicated on the Note.

the first full P&I payment of the modified Mortgage.

For one closing construction to permanent Mortgages, the due date of the first full P&I payment of the permanent Mortgage.

Filler 203 5 SpacesCondo Name 208 20 A/N The name of the

Condominium project.Mandatory for Property Types 1 or 3 only.

Loan Feature 228 2 A/N Describes features associated with a mortgage

Valid codes:B = Buydown PlanR = Premium Financing

funded buydown plan on purchase transaction Mortgages

S = Shared Equity PlanX = Shared Equity/Buydown

PlanK = Capitalized MortgageF = FHA LoanV = VA LoanN = Native AmericanP = Affordable Gold 3/2Q = Affordable Gold 97H = Guaranteed Rural

Housing or Affordable Gold Mortgages with Rural Housing Services Leveraged Seconds

Currently the Valid Values accepted by the Selling System are:B = Buydown PlanF = FHA LoanV = VA LoanP = Affordable Gold 3/2Q = Affordable Gold 97H = Guaranteed Rural HousingK = Capitalized MortgageR = Premium Financing funded

buydown plan on purchase transaction Mortgages

The remaining values are for future functionality


Date of First Rate Adjustment

231 6 YYMMDD The initial interest rate change date, as indicated on the note.

Enter a valid date. Mandatory for ARMs, which have adjusted at least once.

Borrower Race Field #2 through

237238

11

A/N The race or national origin of the Borrower

See field 419 Use field 419 as the primary race code if only one is listed




5 239240

11

on the application. Use race code fields 2-5 for additional race codes if borrower marks more than one race.

Co-borrower Race Field #2 through 5

241242243244

1111

A/N The race or national origin of the Co-borrower. If there is more than one Co-borrower, enter the data for the first Co-borrower listed on the application.

See field 420 Use Field 420 as the primary race code if only one is listed on the application. Use race code fields 2-5 for additional race codes if Co-borrower marks more than one race.

Project Classification

245 1 A/N The classification of the condominium project.

Valid codes:1 = Project Class I2 = Project Class II3 = Project Class III

Mandatory for condominiums only.

Number Of Unit(s)

246 1 NDecimal – 0

The number of dwelling units in the property

Use 1,2,3 or 4 in this field indicating the number of units.

Reference Code 247 4 A/N Code used to identify Mortgages with certain characteristics.

Please note, Sellers may have negotiated Reference Codes that are not listed below.

Valid codes:0003 – Seller Owned Modified

Mortgage0005 – Converted Mortgage0007 – Freddie Mac owned

streamlined refinance Mortgage

0012 – Initial Interest Loan

Construction Specific:0013 – Mortgages for Newly

Constructed Homes0006 – One closing

construction to permanent Mortgage (old value)

0008 = Two closing construction to permanent




Mortgage that uses a modification (old value)

Associated FM Loan #

251 9 A/N A Freddie Mac supplied number assigned to the original Mortgage by the Seller/Servicer when the Mortgage was initially sold to Freddie Mac.

For Freddie Mac-owned streamlined refinance Mortgage with SCC of 288.

Modification / Conversion Date

260 8 YYYYMMDD

Date on which the modification documentation was effective

For Seller-owned Modified Mortgages, one closing construction to permanent mortgages and Converted Mortgages.

For one closing construction to permanent Mortgages, the due date of the first P&I payment of the permanent Mortgages.

Borrower Ethnicity

268 1 A/N The ethnicity of the Borrower

Valid codes.1 = Hispanic or Latino2 = Not Hispanic or Latino3 = Information not provided

by Borrower in mail, Internet or telephone application.


If the Mortgage will be delivered on or after 1/1/2004 and the Mortgage application was completed prior to 1/1/2004, the following conversion rules apply.

If the Borrower’s Race selection on the application dated prior to 1/1/2004 = 4 (Hispanic) deliver Ethnicity = 1 (Hispanic or Latino).

If the Borrower’s Race selection on the application dated prior to 1/1/2004 = 7 (Information not provided by Borrower for an application received by mail or telephone), delivery Ethnicity = 3 (Information not provided by Borrower in mail, Internet or telephone




application). If the Borrower’s Race

selection on the application dated prior to 1/1/2004 = 1,2,3,5.6 or 8 (American Indian or Alaskan Native, Asian or Pacific Islander, Black, White, Other or not Applicable), delivery Ethnicity = 4 (Not applicable).

Co-borrower Ethnicity

269 1 A/N The ethnicity of the Co-borrower

Valid codes.1 = Hispanic or Latino2 = Not Hispanic or Latino3 = Information not provided



5 = No Co-Borrower

If the Mortgage will be delivered on or after 1/1/2004 and the Mortgage application was completed prior to 1/1/2004, the following conversion rules apply:

If the Co-borrower’s Race selection on the application dated prior to 1/1/2004 = 4 (Hispanic), deliver Ethnicity = 1 (Hispanic or Latino).

If the Co-borrower’s Race selection on the application dated prior to 1/1/2004 = 7 (Information not provided by Co-borrower for an application received by mail or telephone), deliver Ethnicity = 3 (Information not provided by Co-borrower in mail, Internet or telephone application).

If the Co-borrower’s Race selection on the application dated prior to 1/1/2004 = 1,2,3,5,6 or 8 (American Indian or Alaskan Native, Asian or Pacific Islander, Black, White Other or Not




Applicable), deliver Ethnicity = 4 (Not Applicable).

HOEPA Status 270 1 A/N Indicates whether a Mortgage is covered by the Home Ownership and Equity Protection Act.

Valid codes:Y = HOEPA MortgageN = Mortgage is not subject

to requirements of HOEPA.

Applies to mortgages delivered on or after 1/1/2004

Filler 271 1 SpacesAmount of Other Financing

272 7 The original loan amount of any subordinate financing secured by the property.

Not an active field

Yearly Payment Increase %

279 5 NDecimal -3

The amount of the yearly payment increase, as expressed as a percentage amount, as indicated on the Note.

Not an active field

Filler 284 1 SpacesARM Convertible Indicator

285 1 A/N Indicates whether the ARM has a feature that allows the loan to convert to a fixed rate.

Valid codes:Y = Yes, the Mortgage is a

convertible ARM.N = No, the Mortgage is not a

convertible ARM.

This field defaults to “N”.

Interest Rate Rounded Indicator

286 2 A/N Indicates whether the interest rate will be rounded.

For all Freddie Mac ARM programs this flag should be set to Y (Yes).

Y = interest rate rounded to .125% at time of adjustment.

This field defaults to “Y”.

Percent Rounded

288 5 NDecimal-5

The percent that the interest rate will be rounded to on each interest rate adjustment date.

This should be set to .125% for all Freddie Mac ARM programs.

This field must be LEFT justified.Example: A value = .125% must be formatted as 12500




when submitted to the selling system.

Interest Rate 293 5 NDecimal - 3

The original interest rate as indicated on the Note


For Seller-Owned Modified Mortgage, the rate in effect after modification.

For construction to permanent Mortgage, the rate in effect for the permanent Mortgage.

Original Monthly P&I Payment

298 9 NDecimal - 2

The full monthly principal and interest (P&I) payment as indicated on the note (excluding taxes and any insurance).

This amount should include dollars and cents

Example: Enter $1,500.00 as 000150000

For Seller-Owned Modified Mortgages, the Monthly P&I payment in effect after the modification.

For construction to permanent Mortgages, the monthly P&I payment for the permanent Mortgage.

Next Rate Adjustment Date

307 6 YYMMDD The date of the next interest rate change date scheduled to occur after the Delivery Date.

For unadjusted ARMS, this should be the initial rate adjustment date.

Next Payment Adjustment Date

313 6 YYMMDD The date of the next payment change date scheduled to occur after the Delivery Date.

This date must be one month following the next interest change date.

Periodic Interest Rate Cap Indicator

319 1 A/N Indicates whether the Mortgage has a periodic interest rate cap.

Valid codes:Y = Yes, the mortgage has a

periodic cap.N = No, the mortgage does

not have a periodic cap

This field defaults based on data in the Rate Cap Percent field. If there is data in the Rate Cap Percent field then the default value is “Y”. If the Rate Cap Percent field is empty, field defaults to “N”.

Rate Cap Percent

320 5 NDecimal-3

The maximum percentage rate that the mortgage can adjust within the adjustment period, as indicated on the note

Example:Enter 2% as 02000Enter 1.5% as 01500

If this field is filled in it will populate the Periodic Interest Rate Cap field to “Y”.




Life of Loan Rate Cap Indicator

325 1 A/N Indicates whether a Mortgage has a life of loan interest rate cap (also known as the loan ceiling).

Valid codes:Y - Yes, the mortgage has a

life of loan rate capN – No, the mortgages does

not have a life of loan rate cap.

This field defaults based on data in Life of Loan Rate Cap field:“Y” if LOLN Rate cap > 0“N” if LOLN Rate cap = 0

Life of Loan Rate Cap %

326 5 NDecimal-3

The maximum interest rate over the life of the Mortgage, as indicated on the Note.


Payment Cap Optional/Mandatory Indicator

331 1 A/N Indicates whether the Payment Cap was mandatory or optional.

“O” is the default value, unless Seller enters other data.

Not an active field.

Mortgage Margin 332 4 NDecimal - 3

The percent added to the index value to determine the new interest rate on each adjustment date. The mortgage margin is indicated on the Note.

Example:Enter 1.5% as 1500Enter 2% as 2000

Net Negative Amortization Amount

336 8 NDecimal-2

Negative amortization is the amount by which the monthly interest calculated at the note rate exceeds the Borrower’s scheduled monthly interest payment to the Servicer.


Example: Enter $1,500.00 as 00150000

This field is mandatory for Payment Capped ARMs with Negative Amortization.

MI Company 344 2 A/N The code that identifies the Mortgage Insurance companies approved by Freddie Mac.

Please note, Sellers may have negotiated MI Company Codes that are not listed below.

38 = CMG01 = General Electric (GEMICO)06 = Guranty (MGIC)11 = PMI33 = Radian13 = Republic Mtg Insurance

Mandatory for loans over 80% LTV, unless otherwise specified.

Code 89 and 97 are for future use.




(RMIC)24 = Triad Guaranty (Triad)12 = United Guaranty (UGRIC)31 = CalHFA37 = MI Mass HFA05 = CMG02 = Verex16 = HGIC26 = FGIC19 = USMIC20 = IMGC39 = FL HFA70 = TMIC71 = PHBCFor government guaranteed mortgages, the valid values are:89 = Section 502 Guaranteed

Rural Housing97 = Original LTV ratio greater

than 80%, and mortgage insurance has been canceled prior to delivery.

MI Certificate # 346 10 A/N The certificate number of the mortgage insurance policy covering the Property



MI Loss Coverage%

356 3 N The percentage of loss coverage that the mortgage insurance company is providing for the Mortgage.

Example:Enter 20% as 020



Reduced Documentation

359 1 A/N Indicates whether the loan was underwritten using reduced documentation

Not an active field




Borrower Social Security Number

360 9 A/N The social security number of the Borrower

Valid 9 digit social security number

Life of Loan Floor(LOL Floor)

369 5 NDecimal-3

The Minimum Gross Coupon Rate, that is, the minimum rate to which the interest rate may decrease over the life of the Mortgage as specified in the Note.

Example:Enter 6.5% as 06500Enter 6% as 06000

Unless otherwise provided in the Purchase Documents, Mortgages with Life of Loan Floors are not eligible for sale to Freddie Mac.

Filler 374 1 SpacesCredit Score Value

375 3 N The numeric value of the Borrower’s Credit Score or Indicator Score.

Developers Note: The LP Decision Borrower Score is equal to the Credit Indicator Score.

Enter blank if the Credit Score is unusable due to significant inaccurate credit information or Credit Score is unusable or not available due to insufficient credit information.

Example:Enter 650 as 650

Mandatory for servicing released or Non-Loan Prospector conventional Mortgages. [GRH, FHA, VA mortgages must not have a CSV] The field may be left blank for Non LP Mortgages when the Credit Score Type equals “I” or “T”: I = significant inaccurate credit informationT = insufficient credit

information

Filler 378 1 SpacesCredit Score Type

379 1 A/N The method used to select the Credit Score Value (Indicator Score) entered in the Credit Score Value field.

The Credit Score Type represents the method used to select the Credit Score Value. Valid codes:1 = Middle/lower then lowest

method2 = Middle/lower than

average method3 = Average/ average methodI = Credit Score is unusable

due to significant inaccurate credit information.

If you enter a Credit Score Value (position 374), then you must also enter a Credit Score Selection method of 1,2, or 3.

Mandatory for Mortgages not processed through Loan Prospector.




T = Credit Score is unusable or not available due to insufficient credit information.

MERS # (Mortgage Identification Number (MIN))

380 18 A/N The unique number assigned to each loan registered on the Mortgage Electronic Registration System (MERS)

Mandatory for MERS loans only.

Offering Code 398 3 A/N The codes used to identify specific mortgage purchase offerings

Valid codes:400 = the 400 Streamlined

Purchase offering401 = the 401 Streamlined

Purchase offering510 = Alternative Stated

IncomeSpecial Characteristics Codes

401404407410413416

333333

A/N These codes provide additional information relating to the mortgage.

Please note, Sellers may have negotiated SCC Codes that are not listed below.

Leading zeros are required.

VALID CODES FOR ALL LOANS

The following SCC codes must be delivered for all loans.

Seller must identify whether the loan is a Wholesale Home Mortgage by using one of the following SCC codes:002 = a Wholesale Home

Mortgage.018 = not a Wholesale Home

Mortgage.


185 = used ONLY if the community participates in




Seller must identify the status of the property’s flood insurance coverage by using one of the following SCC codes:170 = in SFHA with flood

insurance185 = in SFHA without flood

insurance175 = out of SFHA with flood

insurance180 = out of SFHA without

flood insurance

OTHER REQUIRED SCC CODES

Seller may be required to deliver one or more of the following SCC codes.

For Refinance Mortgages

The type of refinance must be designated by using one of the following SCC codes:

003 = cash-out refinance.007 = no cash-out refinance.288 = must be used when the

loan has been purchased under the Freddie Mac Owned Streamlines Refinance Mortgage program.

289 = must be used when the loan has been purchased

the National Flood Insurance Program (NFIP), the dwelling is not covered by flood insurance and the Mortgage file contains a FEMA Letter of Map Amendment (LOMA) or Letter of Map Revision (LOMR) effectively removing the dwelling from the SFHA.

175, 180 = used if there is not NFIP map for the community where the property is located.

If the Loan Purpose Code field has a 2, 5 (refinance) or 4 (when applicable), an SCC code of 003 or 007 must be entered.

For SCC code 288, provide the Associated Freddie Mac loan number and the applicable Reference Code.




under the Non-Freddie Mac Owned Streamlined Refinanced Mortgage program.

For Manufactured Housing Mortgages

Use one of the following SCC codes if the Property Type Code is 4:951 = Single-wide.952 = Multi-wide.

For Applicable California Condominium Mortgages

Use one of the following SCC codes if the delivery fee for the Mortgage secured by California condominiums is waived or reduced:257 = fee reduced based on

partial earthquake insurance.

259 = fee waived based on full earthquake insurance.

261 = fee waived based on a project evaluation.

For all Affordable Housing Initiatives (AHI) programs

G14 – FM 100 MortgagesG15 – Affordable Merit Rate Mortgages

If a Mortgage secured by a California Condominium unit is delivered to Freddie Mac without SCC 257, 259 or 261, the seller will be assessed a 1 percent delivery fee.




For Mortgages with Financed Mortgage Insurance Premium

Seller must devise an SCC code using the number 6 and the gross LTV ratio between and including 681 and 695.

Example: for a loan with a 90% LTV ratio with financed MI, the Seller must enter an SCC = 690 and the gross LTV ratio (which would be higher than 90%) through the LTV ratio field.

For Mortgages with Lender-Paid Mortgage Insurance

019 = to designate the loan as having Lender Paid MI.

For Mortgages with Buydowns

For mortgages with temporary subsidy buydowns use one of the following:009 = for a 2-1 buydown014 = for a 3-2-1 buydown

For Prepayment Protection Mortgages




113 = must be used for any Prepayment Protection Mortgage.

For Loan Prospector Mortgages using Form 2070, or equivalent

Select one of the following codes to indicate which version of the Form 2070, or its equivalent, was used for the Loan Prospector Mortgage:902 = Loan Prospector

Mortgage delivered with Form 2070 (interior inspection)

903 = Loan Prospector Mortgage delivered with Form 2070 (exterior-only inspection)

904 = Loan Prospector Mortgage delivered with FNMA Form 2075 as substitute for Form 2070

Mortgages for Newly Constructed Homes

914 = Two closing construction to permanent Mortgages (old value)

916 = Mortgaged premises are completed after application (old value)

934 = One closing construction to




permanent Mortgage (old value).

D49 - Newly Built Home Mortgages – Site BuiltD50 - Newly Built Home Mortgages – Manufactured HomeD51 - Construction Conversion/Renovation Mortgages – Site BuiltD52 - Construction Conversion Mortgages – Manufactured HomeD53 - Seasoned Mortgage For Newly Constructed Home

Borrower Race Field #1

419 1 A/N The race or national origin of the Borrower

Valid codes:1 = American Indian/Alaska

Native2 = Asian3 = Black or African American4 = Native Hawaiian or other

Pacific Islander5 = White6 = Information not provided



Note: Up to five Borrower Race codes may be selected. Use fields 237-240 for additional fields

This data is mandatory except for Notes originated prior to 1/1/93; however, the data should be delivered, if available for these mortgages

If the Mortgage will be delivered on or after 1/1/2004 and the Mortgage application was completed prior to 1/1/2004, the following conversion rules apply: If the Borrower’s Race

selection on the application dated prior to 1/1/2004 = 1 (American Indian/Alaskan Native), deliver Race = 1 (American Indian/Alaska Native).

If the Borrower’s Race selection on the application dated prior to 1/1/2004 = 2 (Asian or




Pacific Islander), deliver Race = 2 (Asian).

If the Borrower’s Race selection on the application dated prior to 1/1/2004 = 3 (Black [Not Hispanic]), deliver Race = 3 (Black or African American).

If the Borrower’s Race selection on the application dated prior to 1/1/2004 = 4 (Hispanic), deliver Race = 7 (Not Applicable).

If the Borrower’s Race selection of on the application dated prior to 1/1/2004 = 5 (White [Not Hispanic]), deliver Race = 5 White.

If the Borrower’s Race selection on the application dated prior to 1/1/2004 = 6 (Other), deliver Race = 7 (Not Applicable).

If the Borrower’s Race selection on the application dated prior to 1/1/2004 = 7 (Information not provided by Borrower for an application received by mail or telephone), deliver Race = 6 (Information not provided by Borrower in mail, Internet or telephone




application). If the Borrower’s Race

selection on the application dated prior to the 1/1/2004 = 8 (Note Applicable), deliver Race = 7 (Not Applicable).

Co-borrower Race Field #1

420 1 A/N The race or national origin of the Co-borrower. If there is more than one Co-borrower, enter the data for the first Co-borrower listed on the application.

Valid codes:1 = American Indian/Alaska

Native2 = Asian3 = Black or African American4 = Native Hawaiian or other

Pacific Islander5 = White6 = Information not provided



8 = No Co-Borrower

Note: Up to five Borrower Race codes may be selected. Use fields 237-240 for additional fields

Refer to Comments for Field 419.

Borrower Gender

421 1 A/N The gender of the borrower.

Valid codes:1 = Male2 = Female3 = Information not provided

by Borrower in mail, internet or telephone application.






Co-borrower Gender

422 1 A/N The gender of the Co-borrower. If there is more than one Co-borrower, enter the data for the first Co-borrower listed on the application.

Valid codes:1 = Male2 = Female3 = Information not provided

by Borrower in mail, internet or telephone application.


5 = No Co-Borrower

Refer to Comments for Field 421.

Borrower Age 423 2 NDecimal-0Decimal-0

The age of the Borrower expressed in years.

Enter the age of Borrower, as listed on the loan application.Additional valid values:98 = Use when Borrower

does not provide age on the application.

99 = Use when Borrower’s age is 99 or older.

Blank = Use when not applicable (only to be used when Borrower is an entity rather than an individual).


Co-borrower Age 425 2 NDecimal-0Decimal-0

The age of the Co-borrower expressed in years. If there is more than one Co-borrower, enter the data for the first Co-borrower on the application

Refer to valid values in Field 423.


First Time Homebuyer

427 1 A/N Indicates whether the Borrower is a first-time homebuyer.

Valid values:Y = Yes, one of the

Borrowers who will reside in the Property is a first time homebuyer.

N = No, none of the Borrowers will reside in


This field must be populated




the property.Blank = The First-Time

Homebuyer indicator field must be left blank when the Purpose of Loan field has a value = 2-5

with a Y or N if the Purpose of the Loan Code is 1 (Purchase).

This field should be blank if the Purpose of the Loan Code is 2-5.

Number of Borrowers

428 2 N The total number of Borrowers. Individuals who sign the security instrument but not the note are not considered Borrowers


Year Built 430 4 NYYYY

The year the property was built.

This data should be delivered, if available for these mortgages.

Number of Bedrooms (by unit)

Unit 1 = 434Unit 2 = 435Unit 3 = 436Unit 4 = 437

1

1

1

1

NDecimal-0Decimal-0

The total number of bedrooms in a 1 unit property or in each unit for a 2-4 unit property

Enter the number of bedrooms for each unit identified in Field 189 (Number of Units) for either 1-unit investment





Required for all investment properties and 2-4 unit properties.

Gross Monthly Rent(by unit)

Unit 1 = 438Unit 2 = 443Unit 3 =

5

5

5

NDecimal-0

This is the gross monthly rental income per unit as indicated on the signed lease(s) for the Property. If there is no active lease

Whole Dollars only (round to the nearest dollar)

Enter the gross monthly rental income for each unit





448Unit 4 = 453

5for a unit, or the Borrower rents the unit to a family member, enter the gross monthly rental income as estimated on the applicable appraisal report or addenda.

identified in Field 246 (Number of Units) for either 1-unit investment





Monthly Housing Expense

458 5 NDecimal-0

The monthly housing expense is the sum of the monthly charges on the Borrower’s Personal Residence.




Borrower Date of Birth

463 8 YYYYMMDD

The date of birth of the Borrower

The date of birth of the Borrower, as listed on the Mortgage application.


Co-borrower Date of Birth

471 8 YYYYMMDD

The date of birth of the Co-borrower

The date of birth of the Co-borrower as listed on the Mortgage application.


Monthly Debt Payment

479 5 NDecimal-0

The sum of the Borrower’s monthly debt payments. See Section 37.16 for more details.




Monthly Income 484 6 NDecimal-0

The total monthly income used to qualify the Borrower(s).


Example:

This data is mandatory except for Notes originated prior to 1/1/93; however, the data should be delivered, if




Enter $11,502.51 as 011503 available for these mortgages.Index Lookback Days

490 2 NDecimal-0

The number of days between the Interest Rate Change Date and the date the value of the Index is determined.

First Rate Adjustment Min. Rate

492 5 NDecimal-3

The minimum interest rate at the first Interest Change Date.


Enter a zero if the first Interest Change Date occurs before the delivery date.

First Rate Adjustment Max Rate

497 5 NDecimal-3

The maximum interest rate at the first Interest Change Date.


Enter a zero if the first Interest Change Date occurs before the delivery date.

Index Source Code

502 3 A/N A Freddie Mac code to identify the index used to determine the new rate of interest at each Interest Change Date.

Valid codes:002 = 3YR Weekly Constant

Maturity Treasury003 = 5YR Weekly Constant

Maturity Treasury004 = 1YR Weekly Constant

Maturity Treasury.005 = 11th District Monthly

Cost of Funds Index007 = 6 Month Libor

Filler 505 3 SpacesDown Payment Sources

Source 1 = 508Source 2 = 510Source 3 = 512Source 4 = 514

2

2

2

2

A/N The source(s) of the Borrower’s down payment, up to a maximum of four codes.

Valid codes:01 = gift from relative02 = gifts or grants from a

non-profit religious organization or non-profit community organization.








07 = other Borrower cash or equity

08 = unsecured loan10 = other11 = premium funds12 = secondary financing

Down Payment Amounts

Amount 1 = 516Amount 2 = 522Amount 3 = 528Amount 4 = 534

6

6

6

6

NDecimal-0

The dollar amount of the Borrower’s down payment attributable to the corresponding down payment source code.


For example, a mortgage with two sources of Down Payment (specified in Fields 540 and 542) using codes 01 and 07, respectively (gift from relative and Borrower’s own funds) for $500 each would be entered as 000500 in position 548 and 000500 in position 554.


Closing Costs Sources

Source 1 = 540Source 2 = 542Source 3 = 544Source 4 = 546

2

2

2

2

A/N The source(s) for paying the Borrower’s closing costs, up to a maximum of four codes.

Valid codes:01 = gift from relative02 = gifts or grants from a

non-profit religious organization or non-profit community organization



05 = gifts or grants from a local government




program06 = gifts or grants from

employer07= Borrower’s own funds08 = unsecured loan09 = property seller

contributions10 = other11 = premium funds12 = secondary financing

Closing Cost Amounts

Amount1 = 548Amount2 = 554Amount3 = 560Amount4 = 566

6

6

6

6

NDecimal-0

The dollar amount of the closing costs attributable to the corresponding closing costs source code


Example: A mortgage with two sources of closing costs (specified in Fields 540 and 542) using codes 01 and 07, respectively (gift from relative and Borrower’s own funds) for $500 each would be entered as 000500 in position 548 and 000500 in position 554.



Secondary Financing Sources

Source1 = 572Source2 = 574

2

2

A/N Identifies the source of the secondary financings

Valid codes for Non-Affordable Housing Mortgages with Secondary Financing:Blank = No secondary

financing20 = HELOC30 = Other secondary

Financing

Mandatory for Mortgages with secondary financing.

Secondary Financing Amount

Amount1 = 576Amount

6

6

NDecimal-0

The dollar amount of the secondary financing attributable to the


When a Secondary Financing Source code of ‘20” is entered for a HELOC, enter the




2 = 582 corresponding secondary financing code rounded to the nearest dollar.

Example:A mortgage with one second mortgage funded by a Federal government program in the amount of $2000 would be entered:

Position 572 = 03Position 576 = 002000

disbursed amount or used portion at closing, not the maximum credit loan amount. If no disbursements have occurred, enter zero.


Homeowner Education / Education Administrator

Code 1 = 588Code 2 = 589

1

1

A/N The applicable code for the administrator of the counseling program, up to a maximum of two codes.

Valid codes:L= Lender (Freddie Mac

Seller/ Servicer)N = Non-profit organizationP = Public or government

agencyO = OtherX = Borrower education not

requiredBlank = Borrower did not

participateHomeowner Education / Education Format

Code 1 = 590Code 2 = 591

1

1

A/N The applicable code for the format of the counseling program, up to a maximum of two codes.

Valid codes:C = ClassroomH = Home studyI = IndividualO = OtherX = Borrower education not

requiredBlank = Borrower did not

participateFiller 592 4 SpacesCo-borrower Name

596 20 A/N The name of a second Borrower who is obligated to repay the Note secured by the Property. The term “Co-borrower” is used to distinguish between

Enter the Borrower’s last name, then a comma, followed by the first initial or name.

Example:


The field will be parsed. All characters before the

comma will be considered the last name.




multiple Borrowers, not to rank the Borrowers. If there is more than one Co-borrower, enter the data for the first Co-borrower listed on the application.

Enter John Smith in either format shown below:Smith,JSmith,John

All characters after the comma will be considered the first name.

If the last name is longer than 19 characters, truncate it. Put a comma in the 19th position and the first letter of the first name in the 20th position.

If the first name is left blank, a value of “unknown” will be assigned.

Co-borrower Social Security Number

616 9 A/N The social security number of the Co-borrower, if more than one Borrower exists. If there is more than one Co-borrower, enter the data for the first Co-borrower listed on the application.

Valid 9-digit social security number.


Loan Prospector AUS Key Number

625 8 A/N The unique number that Loan Prospector assigns to each loan processed through Loan Prospector

Provided by Loan Prospector Mandatory for Mortgages processed through Loan Prospector.

Filler 633 1 SpacesRate Spread 634 4 N

Decimal-2The spread between the annual percentage rate (APR) on a Mortgage and the rate on Treasury securities with comparable maturity periods

Examples:Enter 3.5% as 0350Enter 10.5% as 1050Enter 5% as 0500Enter 6 ¼% as 0625

Mandatory for Mortgages where rate spread is 3% for first liens

Enter for Mortgages delivered on or after 1/1/2004.

For Mortgage applications completed before 1/1/2004, in which the rate lock occurred after 1/1/2004, lenders must calculate and report the Rate Spread.




SCC Fields 7 through 10

638641644647

3333

A/N FOR FUTURE USE


Form 11/13SF Interface SpecificationsAppendix C – Exhinit 1Instruction for Completing the First-Time Homebuyer Indicator Field

EXHIBIT 1Instructions for Completing the

First-Time Homebuyer Indicator Field

Definition of First-Time Homebuyer

A First-Time Homebuyer is an individual who meets all of the following requirements: Is purchasing the Mortgaged Premises Will reside in the Mortgaged Premises as a Primary Residence Had no ownership interest (sole or joint) in a residential property during the three-year period

preceding the date of the purchase of the Mortgaged Premises

In addition, a displaced homemaker or a single parent may also be considered a First-Time Homebuyer if the individual had no ownership interest in a residential property during the preceding three-year period other than an ownership interest in the marital residence with a spouse. If a displaced homemaker or a single parent solely owned the marital residence, or solely or jointly owned a second home or Investment Property, the individual may not be considered a First-Time Homebuyer.

When to complete the First-Time Homebuyer indicator field

The First-Time Homebuyer indicator field must be completed on the Form 11 or Form 13SF with either a “Y” or an “N” when the purpose of the loan field on Form 11 or Form 13SF is completed with a “1” (owner-occupied/purchase).

The First-Time Homebuyer indicator field on the Form 11 or From 13SF must be left blank when the purpose of loan field on Form 11 or Form 13SF is completed with a: “2” (owner-occupied/refinance) “3” (investment property/purchase) “4” (second home) “5” (investment property/refinance)

How to complete the First-Time Homebuyer indicator field

The following steps should be followed to interpret the responses to questions l and m of Section VIII, and the Borrower information in Section III if applicable, of the Form 65 into a single First-Time Homebuyer indicator when selling Mortgages to Freddie Mac.

Step I. Action1 Review the responses to question l of Section VIII of the Form 65, “Do you intend to occupy the property

as your primary residence?”

If … a) Then…all of the applicants responded “no” to this question

No further review is needed because the applicants will be using the Mortgaged Premises as either a second home or an investment property; therefore the First-Time Homebuyer indicator field must be left blank.

No further action is necessary.Any of the applicants responded “yes” to this question

Proceed to Step 2 for those applicants that responded “yes” to this question

2 Review the responses to question m of Section VIII of the Form 65, “Have you had an ownership interest in a property in the last three years?” for those applicants who responded “yes” to question l. (Note: Only one of the applicants has to qualify as a First-Time Homebuyer for a Seller to report a “Y” in the First-Time Homebuyer indicator field.)

If… Then…

any of the applicants responded “no” to this question

Report a “Y” in the First-Time Homebuyer indicator field, no matter how the other applicants responded to this question.


Form 11/13SF Interface SpecificationsAppendix C – Exhinit 1Instruction for Completing the First-Time Homebuyer Indicator Field

Step I. Action

No further action is necessary.

All of the applicants responded “yes” to this question

Proceed to Step 3

3 Review the responses to question m(subsection 1) of Section VIII of the Form 65, “What type of property did you own – principal residence (PR), second home (SH), or investment property (IP)?”

If… Then…

All of the applicants responded “SH” or “IP” to this question Report an “N” in the First-Time Homebuyer

indicator field

No further action is necessary.Any of the applicants responded “PR” to this question

Proceed to Step 4

4 Review the responses to question m(subsection 2)of Section VIII of the Form 65, “How did you hold title the home – solely by yourself (S), jointly with your spouse (SP), or jointly with another person (O)?”

If… Then…

All of the applicants responded “S” or “O” to this question

Report an “N” in the First-Time Homebuyer indicator field

No further action is necessaryAny of the applicants respond “SP” to this question

Review Section III, Borrower Information, on page 1 of the Form 65 to determine the marital status and number of dependents for each applicant who responded “SP”

If the applicant’s marital status is either …

Then…

“unmarried” (and he or she has dependents) or “separated” (regardless of whether he or she has any dependents)

The applicant qualifies as a “single-parent” or a “displaced homemaker”; therefore, report a “Y” in the First-Time Homebuyer indicator field.

No further action is necessary“married” or “unmarried” (and he or she has no dependents)

Report an “N” in the First-Time Homebuyer indicator field

No further action is necessary


· Web viewFreddie Mac will provide a suite of test cases with loan criteria that can be used to...

Documents

Transcript of · Web viewFreddie Mac will provide a suite of test cases with loan criteria that can be used to...