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Is a lender required to submit documentation to Freddie Mac to take a Section IV.E small bank exemption?

April 26, 2017Bank documentation freddie mac iv.e Lender section small submit

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Is a lender required to submit documentation to Freddie Mac to take a Section IV.E small bank exemption?

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Freddie Mac does not require a lender to submit documentation to become exempt pursuant to Section IV.E of the Code. A lender claiming this exemption, however, represents and warrants that it meets the criteria of Section IV.E.