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eMortgage Review/Approval Requirements

To sell eMortgages to and/or begin servicing eMortgages for Freddie Mac, you’ll need to get your eClosing and eNote systems approved first. With our streamlined approval process, you may be closer to doing eMortgage business with us than you think. Use the tabs below to help determine which items you’ll need to complete to get started.

For more information and complete requirements for selling and servicing eMortgages, see the Freddie Mac eMortgage Guide .

The type of eClosing and eNote vault system you are using or plan to use for originating and selling eMortgages will determine which approval requirements apply. You may use your own proprietary system or a vendor provided system. If you will use a vendor system, first check our Freddie Mac-Reviewed Vendor List to see if the vendor’s systems have been reviewed. If their systems have not been reviewed, ask your vendor to reach out to our eMortgage team for assistance.

Note: Sellers who also want to get approved to service eMortgages should see the Servicer tab on this page for Servicer approval requirements.

Approval Requirements for Proprietary and Vendor Systems

Proprietary eClosing and eNote Vault System

  • Demonstration of eClosing and eNote vault systems.
  • MERS® eRegistry and eDelivery testing.
  • Certification from your Chief Technology/Security Officer confirming compliance with our legal and security requirements.
  • Third-party security scan report of eClosing and eNote vault systems.
  • Freddie Mac legal analysis.

 

Vendor System Not Yet Reviewed by Freddie Mac

  • Demonstration of eClosing System and eNote vault systems.
  • MERS eRegistry and eDelivery testing.
  • Certification from your Chief Technology/Security Officer confirming compliance with our legal and security requirements.
  • Certification from the vendor’s Chief Technology/Security Officer regarding your implementation and compliance with our legal and security requirements.
  • Third-party security scan report of eClosing and eNote vault systems.
  • Freddie Mac legal analysis.

Freddie Mac-Reviewed Vendor System Hosted by the Vendor

  • MERS eRegistry and eDelivery testing.
  • Certification from your Chief Technology/Security Officer confirming compliance with our legal and security requirements.

Freddie Mac-Reviewed Vendor System Hosted in Seller’s Network

  • Demonstration of eClosing and eNote vault systems.
  • MERS eRegistry and eDelivery testing.
  • Certification from your Chief Technology/Security Officer confirming compliance with our legal and security requirements.
  • Certification from the vendor’s Chief Technology/Security Officer regarding your implementation and compliance with our legal and security requirements.
  • Third-party security scan report of vendor’s eClosing and eNote vault systems.

Additional Information

 


Servicers seeking to get approved to service eMortgages may service in-house or use a Servicing Agent (sub-servicer) to perform servicing functions. The approval requirements are provided below:

Approval Requirements

Serviced In-House

  • Obtain Freddie Mac approval of the eNote Vault system used to perform MERS eRegistry updates and execute the Transfer of Control and Location transactions. The approval requirements depend on the type of eNote vault system you plan to use and are provided below.
  • Provide servicing procedures to Freddie Mac showing how eMortgage related servicing activities are integrated.

Serviced by a Sub-Servicer

  • A Sub-Servicer can rely on their Servicer to perform MERS eRegistry updates and execute Transfer of Control and Location transactions through the Servicer’s eVault system or the Sub-Servicer can perform these duties through their own eVault system. In either case, the eVault system must be a Freddie Mac-approved system. The approval requirements depend on the type of eNote vault system you plan to use and are provided below.
  • Provide servicing procedures to Freddie Mac showing how eMortgage related servicing activities are integrated.
  • Complete a Servicing Agent agreement (Freddie Mac Form 479A, Single-Family Servicing Agent Certification) between master servicer and sub-servicer.

eNote Vault System Approval Requirements

Note: The eVault system approval requirements listed below apply to Servicers seeking approval to only service eMortgages for Freddie Mac. The requirements do not apply to Sellers who also service eNotes, as their eVault system was approved during the Seller approval process.

Proprietary eNote Vault System

  • Demonstration of eNote vault systems.
  • MERS eRegistry and eDelivery testing to verify the ability to receive and initiate Transfer of Control and Location of eNote as needed during servicing.
  • Certification from your Chief Technology/Security Officer confirming your eNote vault system’s compliance with Freddie Mac requirements.
  • Third-party security scan report of eNote vault systems.
  • Freddie Mac legal analysis.

 

Vendor eNote Vault System Not Yet Reviewed by Freddie Mac

  • Demonstration of eNote vault systems.
  • MERS eRegistry and eDelivery testing to verify the ability to receive and initiate Transfer of Control and Location of eNote as needed during servicing.
  • Certification from your Chief Technology/Security Officer confirming your eNote vault system’s compliance with Freddie Mac requirements.
  • Certification from the vendor’s Chief Technology/Security Officer regarding your implementation and eNote vault system’s compliance with Freddie Mac requirements.
  • Third-party security scan report of eNote vault systems.
  • Freddie Mac legal analysis.

Freddie Mac-Reviewed Vendor eNote Vault System Hosted by the Vendor

  • MERS eRegistry and eDelivery testing to verify the ability to receive and initiate Transfer of Control and Location of eNote as needed during servicing.
  • Certification from your Chief Technology/Security Officer confirming compliance with Freddie Mac requirements.

Freddie Mac-Reviewed Vendor eNote Vault System Hosted in Seller’s Network

  • Demonstration of eNote vault systems.
  • MERS eRegistry and eDelivery testing to verify the ability to receive and initiate Transfer of Control and Location of eNote as needed during servicing.
  • Certification from your Chief Technology/Security Officer confirming compliance with Freddie Mac requirements.
  • Certification from the vendor’s Chief Technology/Security Officer regarding your implementation and eNote vault system’s compliance with Freddie Mac requirements.
  • Third-party security scan report of vendor’s eNote vault systems.

Additional Information

 


Vendors can have their systems reviewed by Freddie Mac, even if a Seller/Servicer has not yet selected the system they will use. It can expedite the Seller/Servicer’s approval process should they decide to use a previously approved vendor system.

To be reviewed to offer an eMortgage solution to Freddie Mac-approved Seller/Servicers, vendors must complete the following:

  • Demonstration of eClosing and eNote vault systems.
  • MERS eRegistry and eDelivery testing.
  • Third-party security scan report of eClosing and eNote vault systems.
  • Certification from the vendor’s Chief Technology/Security Officer confirming compliance with Freddie Mac legal and security requirements.
  • Freddie Mac legal analysis.

 

Additional Information

 


Warehouse Lenders interested in getting approved to provide warehouse lines of credit to Seller/Servicers originating eMortgages are required to complete the following steps:

Note: If the system was already reviewed by Freddie Mac a separate system approval is not required.

If the vendor system was not reviewed by Freddie Mac or is a proprietary system, the following requirements apply:

  • Demonstration of eNote vault system
  • Certification from Chief Technology/Security Officer (If it is a vendor system, certification should be provided by Vendor’s Chief Technology/Security officer) confirming compliance with our legal and security requirements
  • Third-party security scan report of eNote vault systems
  • Freddie Mac legal analysis
  • Conduct MERS eRegistry and eDelivery testing to verify the ability to deliver and receive eNotes, and initiate and receive Transfer of Control and Location of eNotes

 

Additional Information

 

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