FREDDIE MAC LETTER OF CREDIT CERTIFICATION FORM
(REVISION DATE 07/07/09)
Freddie Mac Loan Number ________________________
________________________________ ("Seller/Servicer") certifies to Freddie Mac that the Letter of Credit ("LOC") described below is an irrevocable LOC naming Freddie Mac as beneficiary. The Seller/Servicer represents that the LOC, the issuer of the LOC and the opinion of issuer's counsel meet all the requirements set forth in the Multifamily Seller/Servicer Guide and, if applicable, in the Letter of Commitment or early rate-lock application with respect to the proposed or existing Freddie Mac loan referenced above.
LOC Purpose: _______________________________________________________________
LOC Issuer Name: ___________________________________________________________
Issuer OTS Docket Number, FDIC Entity Number or NCUE Number (as applicable):
___________________________________________________________________________
LOC Amount: _______________________________________________________________
LOC Expiration Date: _________________________________________________________
The issuer of the Letter of Credit was listed on the Multifamily Counterparty Approved List (published on MultiSuite) dated: ________________________________________________
Seller/Servicer's execution of this Certification this ___ day of ___________, 20__ signifies its agreement to comply with the provisions of the Multifamily Seller/Servicer Guide with regard to letters of credit.
_________________________________________________
Seller/Servicer Name
By: ________________________________________
Name: _____________________________________
Title: ______________________________________
Seller/Servicer Number: _______________________