The submission shows Foreclosure Sale Completed status when a foreclosure sale reporting is accepted, the payoff has been reported and processed via the Loan Level Reporting tool, and the third party foreclosure sale has settled in Resolve.
Important: The Foreclosure Sale Completed status triggers for Real Estate Owned (REO)/HUD/VA submissions when the payoff is reported. There is no settlement functionality for REO/HUD/VA sale reporting.
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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