Approved For Settlement Status

The  submission shows Approved For Settlement status when the information provided for a third party foreclosure sale meets eligibility criteria for settlement.

Once the third party foreclosure sale has been approved for settlement, Servicers need to ensure all expenses are submitted in Payment Automated Intelligent Dynamic (PAID) within 60 days of the approval date.

Note: Payment Automated Intelligent Dynamic (PAID) is a web-based tool that streamlines the expense reimbursement process.

 

 

Learn more about:

PAID Expense Reimbursement 

This information is not a replacement or substitute for the requirements in the Freddie Mac Single-Family Seller/Servicer Guide or any other contractual agreements. This information does not constitute an agreement between Freddie Mac and any other party.  © 2025 Freddie Mac.

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