SF.FreddieMac.com

MultiLender Swap Execution

Receive the benefits of a securities execution with low minimum commitment requirements

Freddie Mac's MultiLender Swap execution allows you to sell your mortgages for a pro-rata share of Freddie Mac securities. With a minimum commitment amount of only $1,000, you can reap the benefits of a securities execution with only one mortgage, provided that the total combined commitment amounts from all lenders meets the minimum $1 million pool formation requirement.

Product Features

FeatureDescription
Eligible Mortgage Products
  • Receive a pro-rata share of these Freddie Mac securities:
    • Conventional 10-, 15-, 20- or 30-year Uniform Mortgage-Backed SecurityTM (UMBS®)
    • Conventional 15-, 20- or 30-year Mortgage-Backed Security (MBS)
    • 15- or 30-year FHA/VA MBS
  • Refer to Freddie Mac's Single-Family Seller/Servicer Guide (Guide) Chapter 6201, Chapter 6202, Chapter 6205 or Guide Exhibit 17S for a list of eligible mortgage products and their requirements
Purchase and Pooling Requirements
  • Refer to Guide Section 6202.3 for multilender pooling requirements
  • Minimum pooling commitment of $1,000
  • Your mortgages must fit into one of the note rate ranges posted on the major rate services and on the MultiLender Pools resource.
  • Mortgages must have note rates at least 0.250% above the security coupon but no greater than 1.125% above the security coupon.
  • The minimum contract servicing spread must be at least 0.25% and for mortgages sold under MultiLender Swap, the maximum servicing spread may not exceed 0.500%
  • The minimum contract servicing spread must be equal to or greater than the minimum servicing spread.
Loan Selling Advisor®Review Guide Chapter 6205 for special requirements for selling mortgages under MultiLender Swap execution through Loan Selling Advisor
Settlement1-, 3- and 4-day settlement cycles are available with our Gold Rush® funding option in exchange for a Gold Rush fee

Key Benefits

  • Get the benefits of a securities execution with a minimum commitment amount of only $1,000
  • Receive a Freddie Mac UMBS that is eligible for Supers and REMICs
  • Receive a Freddie Mac MBS that is eligible for Giant MBS and REMICs
  • Leverage Gold Rush funding – the fastest securities settlement in the business – and deliver your loans up to the day before settlement in exchange for a Gold Rush fee
  • Sell fixed-rate mortgages, FHA/VA, and many other Freddie Mac mortgage products

For More Information

The information found on this page is not a replacement or substitute for information found in the Single-Family Seller/Servicer Guide and/or the terms of your Master Agreement and/or other Pricing Identifier Terms.

Subscription Center

Get and stay connected with Freddie Mac Single-Family. Subscribe to our emails and we'll send the information that you want straight to your email inbox.

Sign Up