Correspondent XChange^®

The Correspondent Option

Overview

Through Correspondent XChange, you can transfer your loans via Loan Selling Advisor^® to an aggregator. Start by working directly with your aggregator to register and lock in your loans. The aggregator provides you with product and loan delivery data requirements and a loan number.

In this relationship, Freddie Mac is the middleman; the process begins and ends with the aggregator. You’ll benefit from tri-party relationships with Freddie Mac-approved correspondent lenders to easily transfer your loans to aggregators.

Need liquidity? Sell through these correspondent programs:

Programs

CorrAdvantage with Truist Bank

This collaboration between Freddie Mac and Truist Bank helps you enhance your competitive options.

Easy D with U.S. Bank

This servicing-released execution delivers a tri-party relationship between you, Freddie Mac and U.S. Bank.

CooperClear with Mr. Cooper

CooperClear is designed to give you a competitive edge by leveraging the combined strengths of Mr. Cooper and Freddie Mac.

Ready to sell your loans with Correspondent XChange? To get started, fill out this short form.

Benefits

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Pricing	Receive correspondent lenders' most competitive funding.
Quicker Funding	Get faster warehouse line turnaround.
Operational Efficiency	With limited file reviews.
Expanded Credit Box	Take advantage of correspondent lenders' credit terms.
Direct Relationship with Freddie Mac	On any post-closing quality control activities.
Servicing Platform Strength	Work with correspondent lenders chosen by Freddie Mac.

Guidance

Third Party Transaction Services Online Help

See step-by-step instructions for aggregators and originators on how to use and navigate Loan selling Advisor for loans transferred through Correspondent XChange.

Exhibit 29

Review Exhibit 29 to understand your agreement with the aggregators you're transferring your loans to.