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Cash-Released XChange®

The Best Price Option


In today’s market, you might be dealing with fewer originations and greater margin compression – making you think of new ways to get cash quickly. Transferring your servicing contract rights through Cash-Released XChange can give you additional revenue to offset these factors. Sell any number of fixed-rate loans for cash and transfer the servicing in the same transaction, as you’re used to doing through Loan Selling Advisor®. When selling through Cash-Released XChange, use Freddie Automated Servicing Transfer (FAST®) to easily transfer servicing data and documents.

Ready to get started with Cash-Released XChange? Fill out this short form.

Get Started with Cash-Released XChange®

This guide helps you to get started with Cash-Released XChange in just four steps, from confirming eligibility to committing your first loan.


  • No Contracting with Transferee Servicers
    • Cash-Released XChange is in the Freddie Mac Single-Family Seller/Servicer Guide, so no need to contract with Transferee Servicers. The standardized Purchase & Sale Agreement is Exhibit 28A.
  • No Volume Requirement
    • Choose to sell one, a few, or many loans and transfer servicing in the same transaction
  • Streamlined Financial Transfer
    • All-in funding of the Freddie Mac asset price and servicing-released premium (SRP)
    • Net  funding of the escrows, interest, fees, etc from the funding, which is automatically wired to the Servicer
  • Servicing-released premium (SRP) disclosed up front
    • Get the fastest view into the total price being offered
  • Bifurcation
    • Selling representations & warranties remain with you: servicing representation and warranties move to the Servicer
  • Direct Relationship with Freddie Mac
    • Work directly with us on any post-closing quality control activities
  • Sell to Your Terms
    • There are no overlays - you can deliver to your normal terms with us

A Breath of Fresh Air: How API Integration Brought Out the Best of Cash-Released XChange® for Legend Lending

How did Legend Lending realize greater pricing benefits and gain operational efficiencies that ended up changing the way they do business with Cash-Released XChange® and FAST®? It took a bit of trial and error and – most importantly – strong partnerships.

Read Their Story

Transferee Servicers

When you utilize the Cash-Released XChange execution you will receive competitive SRP pricing from these Transferee Servicers: 

  • Arvest Bank
  • JPMorgan Chase Bank, National Association
  • Lakeview Loan Servicing, LLC
  • Marlin Mortgage Capital, LLC
  • Nationstar Mortgage LLC d/b/a Mr. Cooper
  • PHH Mortgage Corporation
  • PNC Bank, National Association
  • Specialized Loan Servicing LLC
  • U.S. Bank, National Association