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Expert Analysis

A Breakdown Of Freddie Mac's New Servicer Custody Rules

By Eric Edwardson ( May 3, 2023, 3:52 PM EDT) -- Residential mortgage servicers are obligated to indemnify Freddie Mac for a loss of funds in custodial accounts or delays in access to the funds in custodial accounts, even when they comply with all of their obligations to Freddie Mac, based on Freddie Mac Bulletin 2023-10, issued on April 12....

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