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Cash-Released XChangeSM

Back to Servicing-Released XChangeSM

Our Cash-Released XChange execution allows you the option to sell any number of loans for cash and concurrently transfer the servicing in the same transaction. When mortgage servicing is not your core capability, this execution allows you to maximize your Servicing-Released Premiums (SRP) for a variety of mortgage products.


      • All-in cash price. Optimize the value you receive for your fixed-rate mortgages and Guaranteed Rural Housing loans.
      • Competitive servicing-released premiums from six Servicing Buyers.
      • Fast Settlement. Mortgages can be funded that same day, if certain conditions are met.
      • All contracting is in the Freddie Mac Single-Family Seller/Servicer Guide. A contract with each Servicing Buyer is not necessary.
      • Full bifurcation. Seller maintains the credit relationship with Freddie Mac.
      • Mandatory or best efforts commitments.
      • No data mapping required to the Servicing Buyers. Servicing Buyers have access to all ULDD data to facilitate loan boarding.
      • No volume requirement. Choose the option to sell one, a few or many loans for cash.

Product Features

Eligible Mortgage Products
  • 15-, 20- and 30- year fully amortizing fixed-rate mortgages.
  • Home Possible® and Home Possible Advantage® mortgages.
  • Eligible Freddie Mac Relief Refinance MortgagesSM with LTV ratios less than or equal to 105 percent.
  • Refer to the Freddie Mac availability matrix for details on eligible servicing-released products.
  • Refer to the Freddie Mac Single-Family Seller/Servicer Guide for complete details on our requirements. Cash-Released XChange is now in the Guide as the Servicing-Released Sales Process. Refer to Chapter 6101, Cash Program, 6300 Delivery of All Mortgage Programs, 6304 Document Custody.
Eligible Remittance Cycles
  • Gold remittance cycle only.
Contract Requirements
  • Mandatory and best efforts contracts are available.
  • Between 2 and 90 day contract delivery period.
  • For mandatory contracts, you may substitute loans that fit within the terms of the original contract (the servicing-released premium is subject to change).
  • You must fulfill a mandatory contract amount within tolerance levels (2.5% or $10,000 whichever is higher) or a pairoff fee may apply.
  • See Guide Exhibit 17S for more specific contract requirements on Freddie Mac fixed-rate products.
  • Receive settlement twice a day, or choose mornings or afternoons.
  • Get faster settlement often within the same day as certification (if certified by noon) provided the settlement designation is PM or both AM/PM.
  • Loans can settle individually within a contract as they are ready.
  • Choose multiple warehouse lenders within a single contract.

Coming Soon…

Freddie Automated Servicing TransferSM

Helping you complete transfers of servicing documents fast!

Which Execution is Best for You?

Contact us to find the right Servicing-Released execution for your business.

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