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Net Price Functionality Now Available for All Customers Who Sell Loans for Cash

The selling system's Net Price functionality makes it easier for you to receive delivery fee details for loans you sell for cash by providing an "all-in" price for each loan you allocate to a contract. This delivery fee capability, which was previously available on a limited basis, is now available to all customers who sell loans to Freddie Mac using a cash execution.

With Single-Family Seller/Servicer Guide (Guide) Bulletin 2009-14, we reminded Sellers that effective July 1, 2009, Net Price will be activated for all Sellers who are not already taking advantage of this pricing solution. Once we've activated Net Price, this pricing feature will be the standard way to receive delivery fee details for your cash executions.

Net Price offers you a variety of benefits to enhance your overall cash execution, including:

  • Allowing you to receive custom and negotiated fees (a newly expanded capability), in addition to Guide fees listed in Exhibit 19.
  • Providing you more pricing certainty at the point of sale.
  • Eliminating the need to wait for a monthly invoice to find out your delivery fees and/or credits.
  • Reducing postsettlement data reconciliation with Freddie Mac because you'll be able to identify loan data errors before your loans are funded.

Note: With Net Price, you will continue to receive an invoice for any contract-level fees you may incur. These fees include pair-off fees for mandatory contracts, and yield maintenance fees for mandatory adjustable-rate mortgage contracts.

To learn more about Net Price and how it works:

© 2009 Freddie Mac

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