Freddie Mac definition
Examples of Freddie Mac in a sentence
The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the mortgagee's consolidated interest or by other title evidence acceptable to Fannie Mae and Freddie Mac.
The Servicer shall obtain (to the extent generally commercially available) and maintain fidelity bond and errors and omissions coverage acceptable to ▇▇▇▇▇▇ ▇▇▇ or Freddie Mac with respect to its obligations under this Agreement.
Such insurance shall be with insurers approved by the Servicer or ▇▇▇▇▇▇ ▇▇▇ or Freddie Mac.
The Servicer shall also maintain a fidelity ▇▇▇▇ ▇n the fo▇▇ ▇▇▇ amount that would meet the requirements of Fannie Mae or Freddie Mac, unless the Servicer has obtained a waiver of ▇▇▇▇ requirem▇▇▇▇ ▇▇om Fannie Mae or Freddie Mac.
The sum of the Capital Contribution Amount and the Transfer Amount that Freddie Mac shall owe to the Trust with respect to any Payment Date shall not be less than zero.